The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lantronix Inc shares valued at $26,686 were purchased by Derhacobian Narbeh on Mar 06 ’25. At $2.67 per share, Derhacobian Narbeh acquired 10,000 shares. The insider’s holdings grew to 10,000 shares worth approximately $20500.0 following the completion of this transaction.
Also, PRINTER HOSHI purchased 15,000 shares, netting a total of over 40,492 in proceeds. Following the buying of shares at $2.70 each, the insider now holds 191,425 shares.
Before that, Palatnik Kevin S. had added 20,000 shares to its account. In a trade valued at $50,750, the Director bought Lantronix Inc shares for $2.54 each. Upon closing the transaction, the insider’s holdings increased to 20,000 shares, worth approximately $41000.0.
Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in mid March. As of February 09, 2024, Needham has reiterated its “Buy” rating for LTRX. Earlier on February 14, 2022, Canaccord Genuity initiated its rating. Their recommendation was “a Buy” for LTRX stock.
Analyzing LTRX Stock Performance
Over the course of the year, Lantronix Inc shares have dropped approximately -50.24%. Shares of the company reached a 52-week high of $4.49 on 01/07/25 and a 52-week low of $1.91 on 04/08/25. A 50-day SMA is recorded $2.64, while a 200-day SMA reached $3.44.
Support And Resistance Levels for Lantronix Inc (LTRX)
According to the 24-hour chart, there is a support level at 2.01, which, if violated, would cause prices to drop to 1.97. In the upper region, resistance lies at 2.10. The next price resistance is at 2.16. RSI (Relative Strength Index) is 32.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.09, which suggests the price will decrease in the coming days. Percent R is at 78.79%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
