Lantronix Inc’s recent filing unveils that 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 $23600.0.
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 $0.5 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 Tuesday, Lantronix Inc [NASDAQ:LTRX] saw its stock fall -3.28% to $2.36. Over the last five days, the stock has gained 7.27%. Lantronix Inc shares have fallen nearly -42.72% since the year began. Nevertheless, the stocks have fallen -38.54% over the past one year.
How much short interest is there in Lantronix Inc?
A steep rise in short interest was recorded in Lantronix Inc stocks on 2025-05-15, dropping by -0.45 million shares to a total of 0.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 0.85 million shares. There was a decline of -114.15%, which implies that there is a negative sentiment for the stock.
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.
