Worth Watching: Lantronix Inc (NASDAQ:LTRX) 2016 Q2 Sentiment

November 18, 2016 - By Nellie Frank   ·   0 Comments

Worth Watching: Lantronix Inc (NASDAQ:LTRX)  2016 Q2 Sentiment

Sentiment for Lantronix Inc (NASDAQ:LTRX)

Lantronix Inc (NASDAQ:LTRX) institutional sentiment is 1 in Q2 2016. Its the same as in 2016Q1. The ratio is neither negative nor positive, as only 6 investment managers opened new or increased positions, while 6 cut down and sold their equity positions in Lantronix Inc. The investment managers in our partner’s database now have: 2.15 million shares, up from 2.10 million shares in 2016Q1. Also, the number of investment managers holding Lantronix Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 6 Increased: 6 New Position: 0.

Lantronix, Inc. is a provider of secure data access and management solutions for Internet of things and information technology (IT) assets. The company has a market cap of $23.47 million. The Firm organizes its products and solutions into three product lines, including IoT, IT Management and Other. It currently has negative earnings. The Company’s IoT products consist of IoT Gateways and IoT Building Blocks.

The stock increased 1.45% or $0.02 on November 17, hitting $1.4. Lantronix Inc (NASDAQ:LTRX) has risen 34.62% since April 18, 2016 and is uptrending. It has outperformed by 30.19% the S&P500.

According to Zacks Investment Research, “Lantronix designs, develops and markets products that enable almost any electronic device to be controlled, configured or reprogrammed over the Internet and/or intranets. The company’s products connect these electronic devices to the Internet and/or intranets by using the infrastructure already in place to connect businesses and homes to the Internet, including fiber optic, Ethernet and wireless connections. Its primary products that connect electronic devices are its Device Servers and Multiport Device Servers.”

Herald Investment Management Ltd holds 0.24% of its portfolio in Lantronix Inc for 602,307 shares. Penbrook Management Llc owns 72,339 shares or 0.08% of their US portfolio. Moreover, Roanoke Asset Management Corp Ny has 0.06% invested in the company for 127,000 shares. The Illinois-based Drw Securities Llc has invested 0.01% in the stock. Grt Capital Partners L.L.C., a Massachusetts-based fund reported 47,651 shares.#img1#

LTRX Company Profile

Lantronix, Inc., incorporated on May 24, 2000, is a well-known provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Firm organizes its products and solutions into three product lines: IoT, IT Management and Other. The Company’s connectivity solutions serves a range of industries, including data center, medical, security, industrial, transportation, retail, financial, environmental and government. The Company’s IoT solutions are sold to original equipment manufacturers (OEMs), original design manufacturers (ODMs), contract manufacturers and distributors. The Firm conducts its business in approximately three geographic regions, including the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific Japan (APJ).

More news for Lantronix Inc (NASDAQ:LTRX) were recently published by: Streetinsider.com, which released: “Form 8-K LANTRONIX INC For: Oct 27” on October 27, 2016. Ocbj.com‘s article titled: “Lantronix Narrows Loss” and published on August 23, 2016 is yet another important article.

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By Nellie Frank


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