Lantronix VP Sells Over 2000 Shares of Stock

September 16, 2022

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Lantronix Intrinsic Value – Lantronix($NASDAQ:LTRX), Inc Vice President Roger Holliday recently sold 2246 shares of the company’s stock. This follows a pattern of insider selling at Lantronix, as another vice president sold shares earlier this month. Lantronix is a global provider of secure data access and management solutions for the industrial Internet of Things . The company’s products enable remote access and management of devices, machines and equipment over the Internet. The insider selling at Lantronix may be a sign that the company’s executives are losing faith in the company’s future prospects. With the IoT market still in its early stages of development, Lantronix faces stiff competition from larger and better-funded rivals. The insider selling could also be a way for the executives to cash in on their stock holdings before the company’s share price declines further.

Stock Price

On Thursday, Lantronix stock opened at $5.6 and closed at $5.5, down by 2.1% from its last closing price.

VI Analysis – Lantronix Intrinsic Value

A company’s fundamentals are a reflection of its long-term potential. The VI app makes it easy to analyze a company’s fundamentals and calculate its fair value. Based on the VI Line, the fair value of LANTRONIX shares is around $6.9. The stock is currently trading at $5.5, which represents a 20% discount.

Summary

The company provides connectivity solutions that enable remote management and control of electronic devices. The company’s products are used in a variety of industries, including healthcare, retail, industrial, and security. The company’s products are used by major corporations such as Cisco, Dell, Honeywell, and Motorola. Lantronix has a strong customer base and a diversified product portfolio. The company’s stock is traded on the Nasdaq Stock Market under the ticker symbol LTRX. Lantronix is a well-established company with a strong track record of financial performance. Lantronix is a profitable company with a history of positive earnings. The company has consistently generated positive cash flow from operations. Lantronix is a well-managed company with a experienced management team. The company has a strong commitment to research and development. Lantronix is a growing company with a bright future. The company is well positioned to capitalize on the growing demand for remote management and control solutions. Lantronix is a good long-term investment. The company has a strong market position, a diversified product portfolio, a solid financial foundation, and a experienced management team. The company is well positioned to benefit from the growing demand for remote management and control solutions.

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