New insider activity at Lantronix ( (LTRX) ) has taken place on March 7, 2025.
Director Hoshi Printer has made a significant investment in Lantronix by purchasing 15,000 shares of the company’s stock, with the transaction valued at $40,350.
Recent Updates on LTRX stock
Lantronix has recently announced several strategic partnerships and technological advancements, which have influenced its stock movements. The company introduced a breakthrough in AI-powered camera technology by integrating its Open-Q System-on-Module solutions with Teledyne FLIR’s thermal infrared camera modules, enhancing capabilities in autonomous navigation and surveillance. Additionally, Lantronix expanded its market presence in Europe, the Middle East, Africa, and Latin America through partnerships with Redtree Solutions and Ion LATAM, respectively, to promote its IoT and AI Edge solutions. A case study highlighted Lantronix’s PoE++ switches in Mouser Electronics’ award-winning Global Distribution Center, emphasizing sustainability and energy efficiency. However, a leadership change with Eric Bass stepping down as VP of Engineering and R&D may impact the company’s strategic direction. These developments, along with operational challenges, have led to a revision in the stock’s price target.
More about Lantronix
YTD Price Performance: -33.66%
Average Trading Volume: 441,140
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $106.7M