Daiichi Sankyo and Merck report phase 2 trial results for lung cancer drug
Bernhard Bruscha, a ten percent owner of Lantronix INC (NASDAQ:LTRX), reported selling 10,000 shares of common stock on September 2, 2025. The shares were sold at a weighted average price of $5.03, with individual sales prices ranging from $5.02 to $5.05, totaling $50,300. The sale occurred near the stock’s 52-week high of $5.06, with the current share price at $4.52. InvestingPro data shows the $177 million market cap company has experienced significant volatility, gaining over 67% in the past six months despite recent pullbacks.
Following the transaction, Bruscha directly owns 156,454 shares and indirectly owns 5,166,471 shares through TL Investment GmbH. Additionally, 12,993 shares are held by spouse. According to InvestingPro analysis, Lantronix maintains a "Fair" overall financial health score, with particularly strong price momentum metrics. Subscribers can access detailed insider trading patterns and 8 additional ProTips for deeper investment insights.
In other recent news, Lantronix Inc. reported its Q4 2025 earnings, showcasing a revenue of $28.8 million, which marks a 4% year-over-year increase, excluding Gridspertise. However, the company’s non-GAAP earnings per share fell short, coming in at $0.01. Despite these mixed financial results, Lake Street Capital Markets raised its price target for Lantronix to $5.00 from $4.00, maintaining a Buy rating on the stock. The research firm expressed optimism about Lantronix’s solid year-end performance and management’s positive outlook. Lake Street also pointed out potential growth opportunities in the drone sector, which they believe could significantly impact the company’s future profitability. These developments reflect Lantronix’s ongoing efforts to navigate market challenges while seeking new avenues for growth.
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