Lantronix, Inc. (NASDAQ: LTRX) reported first-quarter fiscal 2027 revenue of $32.4 million, up 8.6% from a year ago and roughly in line with expectations. Gross profit rose 8.7% to $14.5 million, showing continued top-line growth despite a competitive operating environment.
Profitability remained under pressure. The company posted an operating loss of $558,000, compared with a smaller loss a year earlier, while net loss attributable to common shareholders widened to $463,000. Diluted earnings per share came in at $(0.01).
Cash flow also softened during the quarter, with operating cash flow at $(2.5 million). Even so, Lantronix ended the period with $37.6 million in cash and cash equivalents, up sharply from the prior year, while total liabilities increased to $53.2 million.
On the market reaction, shares moved up 7.12% after the release, suggesting investors focused more on revenue growth and the company’s cash position than on the quarterly loss.
- Revenue: $32.4 million
- Gross profit: $14.5 million
- Operating loss: $(558,000)
- Net loss: $(463,000)
- Cash and cash equivalents: $37.6 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Lantronix, Inc. Insider Trading Activity
Lantronix, Inc. insiders have traded $LTRX stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LTRX stock by insiders over the last 6 months:
- SALEEL AWSARE (President & CEO) purchased 15,000 shares for an estimated $77,685
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Lantronix, Inc. Hedge Fund Activity
We have seen 79 institutional investors add shares of Lantronix, Inc. stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEEDHAM INVESTMENT MANAGEMENT LLC added 3,150,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $18,522,000
- BLACKROCK, INC. added 1,920,103 shares (+639.5%) to their portfolio in Q2 2026, for an estimated $11,290,205
- AWM INVESTMENT COMPANY, INC. added 1,250,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $7,350,000
- DEUTSCHE BANK AG\ removed 533,362 shares (-94.3%) from their portfolio in Q3 2026, for an estimated $3,845,540
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 526,644 shares (-80.2%) from their portfolio in Q2 2026, for an estimated $3,096,666
- MILLENNIUM MANAGEMENT LLC removed 495,424 shares (-95.1%) from their portfolio in Q2 2026, for an estimated $2,913,093
- MARSHALL WACE, LLP removed 458,745 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,697,420
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Lantronix, Inc. Price Targets
Multiple analysts have issued price targets for $LTRX recently. We have seen 2 analysts offer price targets for $LTRX in the last 6 months, with a median target of $11.0.
Here are some recent targets:
- Austin Moeller from Canaccord Genuity set a target price of $11.0 on 07/09/2026
- Austin Bohlig from Needham set a target price of $11.0 on 06/12/2026
