La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Lantronix a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Lantronix..

Lantronix (NASDAQ:LTRX) Azioni, Catena delle Opzioni

Lantronix

Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines: Embedded IoT Solutions, IoT Systems Solutions, and Software and Services. The IoT System Solutions segment is the key revenue driver for the company. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue.

Lantronix Inc

Canaccord Genuity analyst Michael Walkley maintains Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) with a Buy and lowers the price target from $7.5 to $5.

News

Price Target

Analyst Ratings

LTRX

Canaccord Genuity Maintains Buy on Lantronix, Lowers Price Target to $5

Needham analyst Ryan Koontz maintains Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) with a Buy and lowers the price target from $7 to $5.5.

Needham Maintains Buy on Lantronix, Lowers Price Target to $5.5

<h3>Gainers</h3>
<ul>
<li>Indie Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDI#NASDAQ">INDI</a>) shares increased by 34.9% to $4.63 during Friday's pre-market session. The company's market cap stands at $830.1 million. The company's, Q3 earnings came out yesterday. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) shares increased by 28.69% to $3.05. The company's market cap stands at $27.6 million. </li>
<li>Porch Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCH#NASDAQ">PRCH</a>) shares increased by 27.84% to $2.98. The market value of their outstanding shares is at $299.2 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) shares rose 24.5% to $40.85. The market value of their outstanding shares is at $3.0 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>BILL Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) shares increased by 18.36% to $78.0. The market value of their outstanding shares is at $8.0 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Lumentum Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>) shares rose 16.78% to $86.0. The company's market cap stands at $5.8 billion. The company's, Q1 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>CompoSecure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMPO#NASDAQ">CMPO</a>) stock fell 18.2% to $12.78 during Friday's pre-market session. The company's market cap stands at $1.0 billion. As per the press release, Q3 earnings came out today. </li>
<li>Arlo Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARLO#NYSE">ARLO</a>) shares fell 18.1% to $9.96. The company's market cap stands at $995.3 million. The company's, Q3 earnings came out yesterday. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) shares declined by 17.18% to $3.23. The market value of their outstanding shares is at $121.3 million. The company's, Q1 earnings came out yesterday. </li>
<li>nLight (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASR#NASDAQ">LASR</a>) stock decreased by 16.56% to $12.25. The company's market cap stands at $589.5 million. The company's, Q3 earnings came out yesterday. </li>
<li>SEMrush Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) stock decreased by 12.25% to $12.53. The market value of their outstanding shares is at $1.8 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) shares declined by 9.24% to $1.77. The company's market cap stands at $20.4 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

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12 Information Technology Stocks Moving In Friday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>FOXO Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/FOXO#AMEX">FOXO</a>) shares rose 114.5% to $0.79 during Friday's regular session. The company's market cap stands at $10.7 million. </li>
<li>Porch Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCH#NASDAQ">PRCH</a>) stock rose 52.78% to $3.56. The company's market cap stands at $357.6 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Indie Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDI#NASDAQ">INDI</a>) shares moved upwards by 38.44% to $4.75. The market value of their outstanding shares is at $851.7 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) shares increased by 37.88% to $24.68. The market value of their outstanding shares is at $1.0 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Expensify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) stock increased by 31.31% to $2.6. The market value of their outstanding shares is at $228.5 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) shares increased by 28.05% to $3.04. The company's market cap stands at $27.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) shares decreased by 31.4% to $2.67 during Friday's regular session. The market value of their outstanding shares is at $100.5 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>nLight (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASR#NASDAQ">LASR</a>) stock fell 19.62% to $11.8. The company's market cap stands at $567.8 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Sprout Social (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPT#NASDAQ">SPT</a>) stock fell 16.88% to $25.77. The market value of their outstanding shares is at $1.4 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Adeia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADEA#NASDAQ">ADEA</a>) stock declined by 16.15% to $11.81. The company's market cap stands at $1.2 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>LivePerson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPSN#NASDAQ">LPSN</a>) shares decreased by 14.47% to $1.03. The company's market cap stands at $92.1 million. The company's, Q3 earnings came out yesterday. </li>
<li>SEMrush Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) shares declined by 13.17% to $12.4. The company's market cap stands at $1.8 billion. As per the news, the Q3 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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ADEA

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12 Information Technology Stocks Moving In Friday's Intraday Session

WIIM

Lantronix shares are trading lower after the company reported worse-than-expected Q1 financial results and issued Q2 guidance below estimates. Also, the company announced the acquisition of DXS's NetComm enterprise IoT portfolio.

<h3>Gainers</h3>
<ul>
<li>Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) shares rose 24.2% to $40.75 during Friday's pre-market session. The company's market cap stands at $3.0 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Lumentum Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>) stock increased by 23.8% to $91.17. The company's market cap stands at $6.1 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>BILL Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) stock rose 13.5% to $74.8. The company's market cap stands at $7.7 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Glimpse Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) shares increased by 12.83% to $0.68. The market value of their outstanding shares is at $12.2 million. </li>
<li>Hitek Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HKIT#NASDAQ">HKIT</a>) stock increased by 12.21% to $1.47. The market value of their outstanding shares is at $43.0 million. </li>
<li>Expensify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) shares moved upwards by 11.11% to $2.2. The company's market cap stands at $193.3 million. The company's, Q3 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) stock decreased by 14.2% to $5.51 during Friday's pre-market session. The market value of their outstanding shares is at $62.4 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) shares decreased by 10.89% to $1.31. The company's market cap stands at $19.0 million. </li>
<li>ARB IOT Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) shares decreased by 8.19% to $0.83. The company's market cap stands at $21.9 million. </li>
<li>SEMrush Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) shares decreased by 7.99% to $13.14. The company's market cap stands at $1.9 billion. The company's, Q3 earnings came out yesterday. </li>
<li>OneConnect Financial Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFT#NYSE">OCFT</a>) stock decreased by 7.83% to $2.71. The market value of their outstanding shares is at $105.6 million. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) stock fell 7.7% to $3.6. The company's market cap stands at $135.2 million. As per the news, the Q1 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARBB

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<h3>Gainers</h3>
<ul>
<li>Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) shares rose 24.2% to $40.75 during Friday's pre-market session. The market value of their outstanding shares is at $3.0 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Lumentum Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>) shares rose 23.8% to $91.17. The company's market cap stands at $6.1 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>BILL Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) shares moved upwards by 13.5% to $74.8. The company's market cap stands at $7.7 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Glimpse Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) stock rose 12.83% to $0.68. The company's market cap stands at $12.2 million. </li>
<li>Hitek Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HKIT#NASDAQ">HKIT</a>) stock rose 12.21% to $1.47. The market value of their outstanding shares is at $43.0 million. </li>
<li>Expensify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) shares rose 11.11% to $2.2. The market value of their outstanding shares is at $193.3 million. As per the press release, Q3 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) shares declined by 14.2% to $5.51 during Friday's pre-market session. The market value of their outstanding shares is at $62.4 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) shares declined by 10.89% to $1.31. The company's market cap stands at $19.0 million. </li>
<li>ARB IOT Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) shares fell 8.19% to $0.83. The company's market cap stands at $21.9 million. </li>
<li>SEMrush Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) stock declined by 7.99% to $13.14. The market value of their outstanding shares is at $1.9 billion. The company's, Q3 earnings came out yesterday. </li>
<li>OneConnect Financial Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFT#NYSE">OCFT</a>) stock decreased by 7.83% to $2.71. The company's market cap stands at $105.6 million. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) shares declined by 7.7% to $3.6. The company's market cap stands at $135.2 million. As per the press release, Q1 earnings came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.09 by 33.33 percent. This is a 14.29 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $34.42 million which missed the analyst consensus estimate of $36.31 million by 5.20 percent. This is a 4.21 percent increase over sales of $33.03 million the same period last year.

Earnings

Earnings Misses

Lantronix Q1 Adj $0.06 Misses $0.09 Estimate, Sales $34.42M Miss $36.31M Estimate

Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) is looking for Q2 Adj EPS of $0.01-0.05 vs $0.10 analyst estimate. sees sales of $29.000 million-33.000 million vs $38.60 million estimate.

Guidance

Lantronix Sees Q2 Adj EPS $0.01-0.05 vs $0.10 Est; Sees Sales $29.000M-33.000M vs $38.60M Est

Expands Lantronix&#39;s IoT Wireless Connect Portfolio With Cutting-Edge 5G Technology
<ul>
<li>Strengthens Competitive Offering, Adds New Blue-Chip Customers</li>
</ul>
IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=hB3l4_jGgHsp-mU6f7YA39RB4tNFMkAA8OovErBPAK-V5ySYJi0YOjUuTG9Znzyv8NTl9eDh7MpcoWwIPs76bHVRycPMRk5eNIZ8Rnh3hyfE9uaOgBHaqhLzAkbq4hQo0VCiKCDozG3FJNNIHakKmUGncG6nXL9x4bRp7O1SQQm0gpDf9bQe79ZAY9SDAgzQ">Lantronix Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>), a global leader in IoT compute and connectivity IoT solutions, today announced that it has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (&quot;NetComm&quot;), a subsidiary of DZS, Inc., all of the assets of its enterprise Internet of Things (IoT) business for $6.5 million in cash together with assumptions of certain liabilities. The acquisition complements Lantronix&#39;s focus on the Enterprise and Smart City vertical markets and expands its next-generation 5G capabilities.

Asset Sales

DZSI

Lantronix Accelerates IoT Leadership With Strategic Acquisition Of DZS's NetComm Enterprise IoT Portfolio For $6.5M In Cash Together With Assumptions Of Certain Liabilities

<a href="https://www.globenewswire.com/Tracker?data=HoQAXfYXMK7-bawJKravjCltt3shd4NTF01OCCkyOKXCZJSsG-06NKOYWy3QUCAiBKg1clqIK57LgfuqHqNuTjST5eI5kybYZq_TddEm9jjz1RZO2dpRoamlsKGijtAM0EgnkBTaoqZYVrcW_oBTz5jj_vQpO4rcquqgE1Kw9HuH5tP8DD909418YSDlBrbh">Lantronix Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>), a global leader of compute and connectivity IoT solutions, has launched <a href="https://www.globenewswire.com/Tracker?data=XCzXVF4h-coKduCPDTI888pt4ixeUml24IFiW8E0XMl_TKq2nWXtKx2JGx49PYUDmqOZEyORdhUb_Hrw7-3x7HU5A4vZQiVKAE6wVnmzovgg8t2sqF3ZN6byhrXb3DRhzrC81YUy2t5G751Gb6SLiwNz7hQc2a5VLXFLZn3T4FbBalzmaMrHcljZOYOuPuoXHbpCv9CDg_qA7j6tHBpnKg==">SmartLV</a>, powered by the Qualcomm&#xAE; IQ-615 processor, the first AI-enabled IoT Edge Compute Cellular Gateway. This groundbreaking innovation, designed specifically for low-voltage substations and distribution automation applications in next-generation smart grids, utilities and industrial sectors, will debut at <a href="https://www.globenewswire.com/Tracker?data=rSkv4cF8wKsyYzUBQ-Fl8VnxcxtkOaI9hsyWuV31Ysc_f0A8GAYafCCDOaDCTvrLttFmbeU7-ZsaRDUDQKviHV1ryn3v86LGHAi7JWn43jU=">Enlit Europe</a>, Oct. 22–24, 2024, in Milan, Italy. &nbsp;
SmartLV is engineered to revolutionize real-time visibility, control and automation in the energy sector, providing Distribution System Operators (DSOs) with the ability to manage and steer energy precisely when and where it's needed. Built with advanced cybersecurity protocols and AI capabilities, the SmartLV ensures robust, reliable and secure operations for mission-critical applications, offering unmatched control over low-voltage substations and Distributed Energy Resources (DERs).

QCOM

Lantronix Unveils Qualcomm-Powered AI IoT Gateway for Smart Grid Innovation

<h3>Gainers</h3>
<ul>
<li>NextNav (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) shares increased by 5.0% to $8.19 during Monday's after-market session. The company's market cap stands at $1.0 billion. </li>
<li>Ascent Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTI#NASDAQ">ASTI</a>) shares moved upwards by 3.68% to $2.53. The company's market cap stands at $2.5 million. </li>
<li>Bit Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) shares increased by 3.34% to $3.4. The company's market cap stands at $502.4 million. </li>
<li>Wetouch Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WETH#NASDAQ">WETH</a>) stock rose 3.0% to $2.06. The market value of their outstanding shares is at $24.5 million. </li>
<li>Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) shares moved upwards by 2.95% to $0.85. The market value of their outstanding shares is at $83.0 million. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) stock moved upwards by 2.67% to $4.22. The company's market cap stands at $158.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Digital Ally (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGLY#NASDAQ">DGLY</a>) shares decreased by 5.3% to $1.08 during Monday's after-market session. The market value of their outstanding shares is at $4.1 million. </li>
<li>Zapata Computing Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZPTA#NASDAQ">ZPTA</a>) stock declined by 5.2% to $0.07. The market value of their outstanding shares is at $2.8 million. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock decreased by 5.0% to $0.4. The company's market cap stands at $5.9 million. </li>
<li>Duos Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOT#NASDAQ">DUOT</a>) shares fell 5.0% to $3.23. The market value of their outstanding shares is at $25.9 million. </li>
<li>Karooooo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) stock decreased by 4.99% to $43.23. The company's market cap stands at $1.3 billion. As per the news, the Q2 earnings report came out today. </li>
<li>Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) stock decreased by 2.71% to $0.71. The company's market cap stands at $66.4 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Monday's After-Market Session

Reported Earlier, Lantronix Debuts Five New System-in-Package Solutions, Powered by Qualcomm,

Lantronix Will Display Its IOT Solutions, Including Its Award-winning Switches, Routers, Gateways And Trackers, At Global Security Exchange's GSX Tradeshow And The International Security Expo (ISE)

The Nasdaq 100 closed higher by around 1% during Thursday's session. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">NVIDIA</h3>
<ul>
<li>The Trade: NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) President and CEO Jen Hsun Huang <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 240,000 shares</a> at an average price of $109.39. The insider received around $26.3 million from selling those shares.</li>
<li>What's Happening: Nvidia CEO Jensen Huang recently said some Nvidia customers are becoming frustrated and tensions are rising due to the limited supply of the company&#8217;s latest Blackwell chips.</li>
<li>What NVIDIA Does: Nvidia is a leading developer of graphics processing units.</li>
</ul>
<h3 class="wp-block-heading">Lantronix</h3>
<ul>
<li>The Trade: Lantronix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) 10% owner Bernhard Bruscha <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 8,435 shares</a> at an average price of $4.00. The insider received around $33,740 from selling those shares.</li>
<li>What's Happening: On Sept. 5, Lantronix posted upbeat quarterly sales.</li>
<li>What Lantronix Does: Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets.</li>
</ul>
<h3 class="wp-block-heading">Janus Henderson</h3>
<ul>
<li>The Trade: Janus Henderson Group PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHG#NYSE">JHG</a>) CFO Roger MJ Thompson <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 18,000 shares</a> at an average price of $35.49. The insider received around $638,856 from selling those shares.</li>
<li>What's Happening: On Sept. 12, Wells Fargo analyst Michael Brown initiated coverage on Janus Henderson Group with an Equal-Weight rating and announced a price target of $37.</li>
<li>What Janus Henderson Does: Janus Henderson Group provides investment management services to retail intermediary (55% of managed assets), self-directed (24%) and institutional (21%) clients.</li>
</ul>
<h3 class="wp-block-heading">NetApp</h3>
<ul>
<li>The Trade: NetApp Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>) EVP, CFO Michael J Berry <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 15,000 shares</a> at an average price of $114.32. The insider received around $1.7 million from selling those shares.</li>
<li>What's Happening: On Aug. 28, NetApp posted upbeat quarterly earnings.</li>
<li>What NetApp Does: NetApp Inc is a provider of enterprise data management and storage solutions.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40831857/paypal-is-a-buy-jim-cramer-says-as-for-rivian-let-it-percolate">PayPal Is A Buy, Jim Cramer Says: As For Rivian? &#8216;Let It Percolate&#8217;</a></li>
</ul>

Short Ideas

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

Janus Henderson Group plc Ordinary Shares

NTAP

NVDA

Nvidia, NetApp And 2 Other Stocks Executives Are Selling

Canaccord Genuity analyst Michael Walkley assumes Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) with a Buy rating and announces Price Target of $7.5.

Initiation

Canaccord Genuity Assumes Lantronix at Buy, Announces Price Target of $7.5

ANET

BBAI

CLSK

COHR

COMM

DMRC

DOCN

EVLV

FICO

FLEX

GREE

GWRE

LINK

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SMCI

Shares of companies within the broader tech sector are trading higher amid a rebound. Also, the sector may be moving higher in sympathy with Dell Technologies and Palantir Technologies' inclusion in the S&P 500 index.

Needham analyst Ryan Koontz reiterates Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) with a Buy and maintains $7 price target.

Reiteration

Needham Reiterates Buy on Lantronix, Maintains $7 Price Target

Business Outlook
For the first fiscal quarter of 2025, the company expects revenue in a range of $34 million to $38 million and non-GAAP EPS of $0.07 to $0.11 per share.

Lantronix Sees Q1 EPS $0.07-$0.11 Vs $0.09 Est.; Revenue $34M-$38M Vs $39.46M Est.

Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) reported quarterly earnings of $0.15 per share which met the analyst consensus estimate. This is a 150 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $49.08 million which beat the analyst consensus estimate of $49.06 million by 0.03 percent. This is a 40.52 percent increase over sales of $34.92 million the same period last year.

Earnings Beats

Lantronix Q4 Adj $0.15, Inline, Sales $49.08M Beat $49.06M Estimate

Lantronix to buy DZS's NetComm Enterprise IOT portfolio

Reports Q1 revenue $34.42M, consensus $36.31M. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news...

Lantronix reports Q1 EPS 6c, consensus 9c

Sees Q4 revenue $29M-$33M, consensus $38.56M. The company said, "For the second fiscal quarter of 2025, the company expects revenue in a range of $...

Lantronix sees Q4 EPS 1c-5c, consensus 10c

Lantronix (LTRX) announced that it has signed a definitive agreement to acquire from NetComm Wireless, a subsidiary of DZS, Inc., all of the assets...

Lantronix to acquire NetComm Wireless enterprise IoT portfolio for $6.5M

Needham analyst Ryan Koontz reiterated a Buy rating on Lantronix (LTRX – Research Report) today and set a price target of $5.50. Ryan Koontz's rati...

Lantronix: Strategic Acquisition and Cost Reduction Drive Buy Rating Amid Valuation Appeal

For value-focused investors, low P/E ratios often reveal hidden gems in the market. So, diving into solid tech stocks like Hewlett Packard (HPE), AudioCodes (AUDC), and Lantronix (LTRX) with attractively low P/E ratios could open doors to significant growth potential. Read on... Stocks with low <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E ratios</a> are typically viewed as less risky and more defensive, offering a sense of stability during market fluctuations.
Amid this evolving landscape, quality tech stocks Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>), AudioCodes Ltd. (<a href="https://stocknews.com/stock/AUDC/">AUDC</a>), and Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>) emerge as standout opportunities. Boasting low P/E ratios and robust growth potential, these companies present compelling prospects for investors looking to capitalize on the tech sector's ongoing expansion.
The technology sector is rapidly expanding, driven by continuous innovation and high demand for digital solutions that help businesses streamline operations and boost efficiency. Gartner forecasts worldwide IT spending to rise 8% year-over-year to <a href="https://www.gartner.com/en/newsroom/press-releases/2023-10-18-gartner-forecasts-worldwide-it-spending-to-grow-8-percent-in-2024">$5.07 trillion</a> this year.
Additionally, a <a href="https://connect.comptia.org/blog/emerging-trends-in-information-technology">wave of technological innovations</a>, including IoT, 5G, blockchain, spatial computing, homomorphic encryption, the metaverse, 3D printing, additive manufacturing, robotics, and automation, is poised to drive substantial industry growth, dramatically expanding its horizons.
Considering the trends in the industry, let us discuss the fundamentals of three tech stocks with discounted P/E ratios.
Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>)
HPE is a global technology company that offers general-purpose servers, hybrid cloud solutions, wired and wireless networks, and flexible investment solutions for technology deployment models. It operates under the Server; Hybrid Cloud; Intelligent Edge; Financial Services; Corporate Investments and Other segments.
In terms of forward non-GAAP P/E, HPE is trading at 10.14x, 58.6% lower than the industry average of 24.48x. The stock's forward EV/EBIT multiple of 11.10 is 45.6% lower than its industry average of 20.42x.
On October 29, HPE announced that TEPCO SYSTEMS, the IT and engineering arm of Tokyo Electric Power Company Holdings, had chosen the HPE GreenLake cloud platform to support decarbonization efforts. By leveraging data and AI, this collaboration aims to drive continuous innovation and develop new services, advancing TEPCO's progress toward net-zero goals.
During the fiscal 2024 third quarter that ended July 31, HPE's net revenue increased 10.1% year-over-year to $7.71 billion. Its non-GAAP earnings from operations grew 7.4% from the year-ago value to $771 million. In addition, HPE's non-GAAP net earnings and non-GAAP EPS rose 3.4% and 2% from the prior year's period to $661 million and $0.50, respectively.
Street expects HPE's revenue for the fiscal fourth quarter ending in October 2024 to increase 12.3% year-over-year to $8.26 billion. Its EPS for the ongoing quarter is expected to grow 7% from the prior year's quarter to $0.56. Moreover, the company surpassed the consensus EPS estimates in all four trailing quarters.
Over the past year, the stock has gained 29% to close the last trading session at $19.73. It soared 16.2% year-to-date.
HPE's sound fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
HPE has a B grade for Value and Momentum. Within the 45-stock <a href="https://stocknews.com/category/technology-communication-networking/">Technology – Communication/Networking</a> industry, the stock is ranked #9.
<a href="https://stocknews.com/stock/HPE/">Click here</a> to access additional HPE ratings for Sentiment, Growth, Quality, and Stability.
AudioCodes Ltd. (<a href="https://stocknews.com/stock/AUDC/">AUDC</a>)
Headquartered in Lod, Israel, AUDC offers advanced communications software, products, and productivity solutions for the digital workplace globally. The company offers solutions, products, and services for unified communications, contact centers, hosted business services, Voice.AI, and service provider businesses.
In terms of forward non-GAAP P/E, AUDC is trading at 11.35x, 53.7% lower than the industry average of 24.48x. Its forward EV/Sales multiple of 0.95 is 69% lower than the industry average of 3.07.
On October 28, AUDC expanded its Meeting Insights solution to support Zoom, addressing the needs of organizations using multiple UCaaS platforms like Microsoft Teams and Zoom. This enhancement aims to improve collaboration and insights in today's digital workplaces.
AUDC's total revenues increased marginally year-over-year to $60.30 million during the second quarter that ended June 30, 2024. Its gross profit grew 2.6% from the year-ago value to $39.48 million. The company's non-GAAP net income came in at $5.53 million and $0.18 per share, up 7.7% and 12.5% over the prior year's quarter, respectively.
Analysts expect AUDC's revenue and EPS for the fiscal year ending December 2024 to increase marginally and 9.9% year-over-year to $244.78 million and $0.85, respectively.
The stock climbed 27.6% over the past year, to close the last trading session at $9.56.
AUDC's solid fundamentals are apparant in its POWR Ratings. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
The stock has a B grade for Value and Stability. Within the Technology – Communication/Networking industry, AUDC is ranked #3.
In addition to the POWR Ratings we've stated above, we also have AUDC ratings for Quality, Growth, Momentum, and Sentiment. Get all AUDC ratings <a href="https://stocknews.com/stock/AUDC/">here</a>.
Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>)
LTRX provides solutions for video surveillance, infotainment systems, and intelligent substation infrastructure. The company's IoT offerings comprise IoT System Solutions, Embedded IoT Modules, and Software and Engineering Services.
On October 17, LTRX introduced SmartLV, the first AI-enabled IoT Edge Compute Cellular Gateway powered by the Qualcomm&#xAE; IQ-615 processor. Designed for low-voltage substations and smart grid applications, SmartLV will debut at Enlit Europe on October 22–24, 2024, in Milan.
LTRX's forward non-GAAP P/E of 8.55x is 65.1% lower than the industry average of 24.48x. Its forward EV/Sales multiple of 0.96 is 68.7% lower than the 3.07 industry average.
During the fiscal 2024 fourth quarter that ended on June 30, 2024, LTRX's net revenue increased 40.5% year-over-year to $49.08 million. The company's non-GAAP net income amounted to $5.78 million and $0.11 per share, representing increases of 160% and 150% year-over-year, respectively.
Street expects LTRX's revenue and EPS for the fiscal first quarter ended September 2024 to increase 9.9% and 25.7% year-over-year to $36.31 million and $0.09, respectively. Furthermore, the company surpassed consensus revenue estimates in three of the four trailing quarters.
Shares of CRM have gained 18.7% over the past year and 17.3% over the past month to close the last trading session at $4.06.
LTRX's robust outlook is reflected in its POWR Ratings. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
LTRX has an A grade for Growth and a B for Value and Sentiment. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology – Hardware</a> industry, it is ranked #3 out of 42 stocks.
To see LTRX's Stability and Momentum ratings, <a href="https://stocknews.com/stock/LTRX/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
HPE shares were trading at $20.48 per share on Wednesday afternoon, up $0.61 (+3.07%). Year-to-date, HPE has gained 23.10%, versus a 23.66% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/hpe-audc-ltrx-3-low-p-e-ratio-stocks-that-are-too-cheap-to/>3 Low P/E Ratio Stocks That Are Too Cheap to Ignore</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Low P/E Ratio Stocks That Are Too Cheap to Ignore

Lantronix, Inc. (LTRX) Q1 2025 Earnings Conference Call Transcript

Analyst George Gianarikas of Canaccord Genuity maintained a Buy rating on Lantronix (LTRX – Research Report), reducing the price target to $5.00. G...

Lantronix's Strategic Acquisitions and IoT Growth Drive 'Buy' Rating Despite Setbacks

Canaccord lowered the firm's price target on Lantronix (LTRX) to $5 from $7.50 and keeps a Buy rating on the shares. The firm said the September qu...

Lantronix price target lowered to $5 from $7.50 at Canaccord

Digi edges higher despite expecting no revenue growth in Q1 FY2025

AUDC

DGII

INFN

NTGR

SILC

SNPS

Press Releases

Lantronix Announces 2024 SmartEdge Channel Partner Program Award Winners

Lantronix Reports Record Revenue for Fourth Quarter and Full Fiscal 2024

Management

Lantronix Announces CFO Departure and Transition Plan

General

Lantronix Showcases IoT Solutions at GSX in Orlando and ISE in London

Lantronix Named Finalist in the Ranking of The Top 100 Software Companies of 2024

Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge

Lantronix Unveils SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, Powered by Qualcomm

Lantronix to Report Fiscal 2025 First Quarter Results  on Nov. 7, 2024

Lantronix Accelerates IoT Leadership With Strategic Acquisition of DZS's NetComm Enterprise IoT Portfolio

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Lantronix (NASDAQ:LTRX) Azioni, Catena delle Opzioni

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