Press coverage about Lantronix (NASDAQ:LTRX) has trended positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lantronix earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 45.7982430585765 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

LTRX has been the topic of several research analyst reports. ValuEngine upgraded shares of Lantronix from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research cut shares of Lantronix from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 17th. Finally, Lake Street Capital boosted their price target on shares of Lantronix from $2.50 to $4.00 and gave the company a “buy” rating in a research report on Friday, April 28th.

Shares of Lantronix (NASDAQ LTRX) traded up 0.93% during trading on Tuesday, hitting $2.16. 15,838 shares of the company traded hands. The company has a 50 day moving average price of $2.31 and a 200 day moving average price of $2.57. Lantronix has a 52 week low of $1.23 and a 52 week high of $4.09. The company’s market capitalization is $37.99 million.

In related news, VP Michael Andrew Fink sold 11,000 shares of Lantronix stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $2.40, for a total transaction of $26,400.00. Following the completion of the sale, the vice president now owns 12,094 shares in the company, valued at approximately $29,025.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 77,194 shares of company stock valued at $179,082 in the last quarter. 52.00% of the stock is currently owned by company insiders.

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About Lantronix

Lantronix, Inc is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks.

Insider Buying and Selling by Quarter for Lantronix (NASDAQ:LTRX)

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