Herald Investment Management Ltd buys $770,953 stake in Lantronix Inc (LTRX)

Lantronix Inc (LTRX) : Herald Investment Management Ltd scooped up 35,641 additional shares in Lantronix Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 602,307 shares of Lantronix Inc which is valued at $770,953.Lantronix Inc makes up approximately 0.30% of Herald Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Penbrook Management reduced its stake in LTRX by selling 7,500 shares or 9.39% in the most recent quarter. The Hedge Fund company now holds 72,339 shares of LTRX which is valued at $87,675. Lantronix Inc makes up approx 0.09% of Penbrook Management’s portfolio.Roanoke Asset Management Corp Ny boosted its stake in LTRX in the latest quarter, The investment management firm added 12,000 additional shares and now holds a total of 127,000 shares of Lantronix Inc which is valued at $168,910. Lantronix Inc makes up approx 0.07% of Roanoke Asset Management Corp Ny’s portfolio.

Lantronix Inc closed down -0.0167 points or -1.31% at $1.2533 with 1,176 shares getting traded on Monday. Post opening the session at $1.3, the shares hit an intraday low of $1.2533 and an intraday high of $1.3 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Lantronix Inc. designs develops markets and sells networking and communications products with a focus on the convergence of mobility with machine-to-machine systems. It provides solutions that enable machines devices and sensors to be securely accessed managed and controlled. The Company’s solutions are designed for its customers to participate in the Internet of Things market. The Company’s products are typically used by enterprise and commercial businesses government institutions telecommunication and utility companies financial institutions and individual consumers. The Company conducts its business globally and manages its sales teams by geography according to four regions: the Americas; Europe Middle East and Africa; Asia Pacific and Japan. The Company has organized its solutions into two product lines based on how they are marketed sold and deployed: OEM Modules and Enterprise Solutions.

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