Insider Buying: Hoshi Printer Acquires Shares of Lantronix Inc (LTRX)

Article's Main Image

On November 27, 2024, Hoshi Printer, a Director at Lantronix Inc, purchased 15,350 shares of the company. Following this transaction, the insider now owns a total of 176,425 shares. The purchase was documented in an SEC Filing. Lantronix Inc (LTRX, Financial) is a global provider of secure data access and management solutions for Internet of Things (IoT) assets. The company offers a broad range of products that enable secure connectivity, remote management, and data acquisition. The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been nine insider buys and eight insider sells at Lantronix Inc. This indicates a relatively balanced insider trading activity within the company. 1862496903883812864.png On the day of the purchase, shares of Lantronix Inc were trading at $2.90, giving the company a market cap of $112.348 million. The stock's GF Value is estimated at $4.98, resulting in a price-to-GF-Value ratio of 0.58. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value. 1862496918593236992.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company's past returns and growth, along with future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.