In a filing, Lantronix Inc revealed its Director Chittipeddi Sailesh acquired Company’s shares for reported $22400.0 on May 21 ’25. In the deal valued at $2.24 per share,10,000 shares were bought. As a result of this transaction, Chittipeddi Sailesh now holds 10,000 shares worth roughly $21700.0.
Then, Derhacobian Narbeh bought 5,000 shares, generating $11,650 in total proceeds. Upon buying the shares at $2.33, the Director now owns 24,799 shares.
Before that, PRINTER HOSHI bought 10,000 shares. Lantronix Inc shares valued at $22,800 were divested by the Director at a price of $2.28 per share. As a result of the transaction, PRINTER HOSHI now holds 211,224 shares, worth roughly $0.46 million.
A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid March has reiterated a ‘”a Buy”‘ rating for it. Needham also remained covering LTRX and reiterated its “Buy” recommendation on February 09, 2024. Canaccord Genuity started covering the stock on February 14, 2022. It rated LTRX as “a Buy”.
Price Performance Review of LTRX
On Friday, Lantronix Inc [NASDAQ:LTRX] saw its stock fall -3.12% to $2.17. Over the last five days, the stock has lost -7.07%. Lantronix Inc shares have fallen nearly -47.33% since the year began. Nevertheless, the stocks have fallen -41.98% over the past one year. While a 52-week high of $4.55 was reached on 01/07/25, a 52-week low of $1.91 was recorded on 04/08/25. SMA at 50 days reached $2.29, while 200 days put it at $3.24.
Levels Of Support And Resistance For LTRX Stock
The 24-hour chart illustrates a support level at 2.13, which if violated will result in even more drops to 2.09. On the upside, there is a resistance level at 2.21. A further resistance level may holdings at 2.25. The Relative Strength Index (RSI) on the 14-day chart is 46.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.25%. Stochastics %K at 56.25% indicates the stock is a holding.
The most recent change occurred on October 12, 2021 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.
