Zacks Investment ResearchT3·10d ago
LTRX Lantronix Inc
XNAS
5.53
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
LTRX
$5.53
—
What changed
Recent filings, trades and movesKey stats
$5.53
- 52-Week Range
- $4.40 – $8.75
- YTD
- -10.16%
- IV Rank (30D)
- 43.23
- Straddle Price
- $1.23
- P/C Vol Ratio
- 0.30
- Market Cap
- $0.2B
- Open
- $5.23
- Day Range
- $5.20 – $5.58
- Volume
- 777,308
- Prev Close
- $5.17
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 1.28 |
| Cost of Equity (CAPM) | 11.97% (VRP-adj) |
| WACC | 12.00% |
| Volatility Risk Premium | +78.6pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +4.6% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.05 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.0B |
| Return on Equity (TTM) | -3.5% |
| Book / Price | 54.8% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 43.8% |
| FCF Margin (TTM) | 7.7% |
| Debt / Equity | 0.00 |
| Quality Score | 2/6 — normal (10y DCF) |
| Market-Implied Growth | +10.9% (reverse-DCF on current price) |
| SMA 50 | $6.01 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $5.87 |
| Bollinger Width / SMA20 | 25.1% (drives anchor stability) |
| Net Debt | $-0.1B |
| Market Cap | $0B |
Peers used for multiples: NABL, OKTA, OSPN, RPD, VIA
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
97%
20-Day Fair Value
≈ by Dec 8, 2026
$5.65
α +2.2%
rank 73%
conviction
94%
40-Day Fair Value
≈ by Jan 6, 2027
$5.87
α +6.1%
rank 73%
conviction
98%
60-Day Fair Value
≈ by Feb 4, 2027
$5.92
α +7.1%
rank 74%
conviction
97%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $4.09 | 32% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | median 76.4× · 3 peers |
| Peer EV/EBITDA | n/a | 0% | median 18.2× · 4 peers |
| Peer P/B | $12.14 | 13% | median 4.3× · 5 peers |
| Peer P/S | $9.56 | 13% | median 3.2× · 5 peers |
| Market Anchor (SMA50) | $6.01 | 42% | stability 65% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- COMPUTER COMMUNICATIONS EQUIPMENT (3576) · industry map
- Exchange
- XNAS
- Market Cap
- $0.2B
- Employees
- 330
- List Date
- 2000-08-04
- CIK
- 0001114925
- Next Earnings
- 2026-11-09 (After-Close)
- EPS Forecast
- $0.04
- Headquarters
- Irvine, CA
- Homepage
- https://www.lantronix.com
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 company operates in a single operating segment: the development, marketing, and sale of industrial and enterprise IoT products and services. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 4.41% | -11.94% | 17.17% | 3.93% | -3.44% | 7.97% | 3.02% |
| Feb | 2.86% | -4.18% | 4.04% | -34.25% | -31.91% | -12.06% | -12.58% |
| Mar | -5.38% | 0.30% | -14.73% | -14.22% | -1.19% | -14.66% | -8.31% |
| Apr | 19.74% | -22.87% | -14.42% | 5.32% | -12.53% | 27.32% | 0.43% |
| May | -6.24% | 1.81% | 16.58% | 7.86% | 0.46% | 6.64% | 4.52% |
| Jun | -8.67% | -4.61% | -3.44% | -7.07% | 33.80% | -22.43% | -2.07% |
| Jul | 2.73% | 40.55% | 7.53% | 13.57% | 13.83% | -10.41% | 11.30% |
| Aug | 24.66% | -20.26% | -14.47% | -10.03% | 68.88% | -6.36% | 7.07% |
| Sep | -9.91% | -17.78% | 12.37% | 18.73% | -2.77% | 40.00% | 6.77% |
| Oct | 57.72% | 1.41% | 2.01% | -2.49% | 7.41% | -14.87% | 8.53% |
| Nov | -25.70% | 0.59% | 36.07% | -24.24% | 4.07% | -4.49%* | -2.28% |
| Dec | 12.66% | -12.55% | -1.84% | 35.08% | 12.48% | -- | 9.17% |
| Total | 58.70% | -47.89% | 41.01% | -25.09% | 79.50% | -18.50% | 14.62% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $5.82
SMA 50: $6.02
SMA 200: $6.07
Current: $5.53
EMA 12: $5.69
EMA 26: $5.91
MACD: -0.2205 | Signal: -0.0778
BEARISH
ADX (14): 24.44
WEAK TREND
+DI: 18.16
−DI: 31.84
Momentum Oscillators
RSI (14): 43.31
NEUTRAL
Stoch %K: 23.14
Stoch %D: 18.94
Williams %R: -58.78
Volume & Volatility
BB Upper: $6.51
BB Lower: $5.12
NEUTRAL
OBV: 54,380,767
Vol SMA 20: 548,520
Vol ROC: 134.44%
ATR: $0.38
True Range: $0.42
HV 20: 76.0%
HV 30: 66.2%
HV 60: 66.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before LTRX’s Aug 26 earnings report, so it doesn’t reflect the results.
LLM Stock Analysis Report
Executive Summary
Overall Assessment: BULLISH (confidence level: 8/10)
Key Drivers:
- Positive news headlines highlighting product launches, partnerships, and analyst upgrades
- Technical indicators showing a bullish trend with MACD and RSI indicating momentum building
Primary Risks:
- High volatility, which may lead to increased market fluctuations
- Regulatory issues or negative earnings surprises could impact stock price
Investment Thesis: LTRX is poised for continued growth as it leverages its edge AI solutions and integrated platform scaling strategy. The company's recent news headlines have been overwhelmingly positive, suggesting a strong potential for future gains.
Recent News Sentiment Impact: The positive news sentiment has contributed to the bullish trend, with 5 out of 6 recent headlines showcasing the company's innovative products and partnerships.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Bullish
- Medium-term (1-3 months): Bullish
- Long-term (3-12 months): Bullish
Support/Resistance Levels: The stock has been trading within a narrow range, with key support at $6.14 and resistance at $7.34.
Momentum Signals:
- RSI: Neutral (65.24) but building towards an overbought condition
- MACD: Bullish with a signal line crossover
- Bollinger Bands: Neutral with the stock trading within the middle band
Volume Analysis: The volume has been increasing, indicating growing institutional interest and market participation.
News & Sentiment Analysis
Recent Headlines Summary: LTRX has been making significant announcements about its edge AI solutions, platform scaling strategy, and product launches, which have all received positive sentiment.
Sentiment Assessment: Aggregate news sentiment is strongly positive (5/6 headlines).
Catalyst Identification: The upcoming CES 2026 event could be a catalyst for further growth as the company is set to launch new edge AI solutions.
Market Narrative: The market narrative aligns with the technical signals, suggesting a continued bullish trend.
Risk & Volatility Assessment
Risk Interpretation: High risk due to high volatility and beta of 2.41 relative to SPY.
Volatility Regime: Current volatility regime is higher than historical levels.
Options Market Signals: IV rank: Medium (42.7%), indicating moderate volatility expectations. Unusual activity: Increased call volume and open interest, suggesting institutional buying pressure.
Downside Protection: Support levels at $6.14 and $5.50 provide some downside protection.
Market Context & Positioning
Sector Performance: LTRX is outperforming the technology sector.
Institutional Activity: Increased institutional interest and market participation.
Correlation Analysis: The stock has a moderate correlation with the broader market (R-squared interpretation).
Relative Valuation: LTRX is trading within its historical range, suggesting some undervaluation.
Key Levels & Action Items
Critical Price Levels:
- Support: $6.14
- Resistance: $7.34
Breakout/Breakdown Levels:
- Bullish breakout above $7.34
- Bearish breakdown below $6.14
Time-Sensitive Catalysts: The upcoming CES 2026 event and product launches.
Risk Management: Stop-loss levels at $6.50, with position sizing considerations based on volatility expectations.
I hope this report meets your requirements!
Generated
News
All LTRX news →
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Showing 1–10 of 50
Page 1 of 5
Earnings History
15 of 17 under expected move
Avg Expected Move
26.21%
Avg Actual Move
12.46%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-10-28 | After-Close | 20.19% | 3.63% | 0.18x | Within |
| 2022-02-10 | After-Close | 13.21% | 13.47% | 1.02x | Exceeded |
| 2022-05-04 | After-Close | 15.71% | 1.05% | 0.07x | Within |
| 2022-07-28 | After-Close | 16.79% | 5.26% | 0.31x | Within |
| 2023-05-10 | After-Close | 28.28% | 6.17% | 0.22x | Within |
| 2023-09-07 | After-Close | 29.50% | 28.25% | 0.96x | Within |
| 2023-11-08 | After-Close | 26.67% | 20.00% | 0.75x | Within |
| 2024-02-08 | After-Close | 16.52% | 32.53% | 1.97x | Exceeded |
| 2024-04-29 | After-Close | 42.77% | 8.67% | 0.20x | Within |
| 2024-09-05 | Pre-Market | 32.61% | 3.48% | 0.11x | Within |
| 2025-02-06 | After-Close | 40.48% | 24.29% | 0.60x | Within |
| 2025-05-08 | Pre-Market | 24.65% | 6.57% | 0.27x | Within |
| 2025-08-27 | After-Close | 34.37% | 25.34% | 0.74x | Within |
| 2025-11-05 | After-Close | 25.27% | 9.25% | 0.37x | Within |
| 2026-02-04 | After-Close | 35.71% | 6.58% | 0.18x | Within |
| 2026-05-06 | After-Close | 20.68% | 13.88% | 0.67x | Within |
| 2026-08-26 | Pre-Market | 22.18% | 3.41% | 0.15x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
LTRX Options Activity & IV Rank
LTRX IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 83.9%
7-DTE IV: 88.4%
Expected Move: $1.23
7-DTE Move: $0.93
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 189
Put Volume: 57
P/C Volume: 0.302
BULLISH
Call OI: 5,145
Put OI: 856
P/C OI: 0.166
Total OI: 6,001
ATM Options Pricing
ATM Call: $0.80
ATM Put: $0.42
Call %: 14.5%
Put %: 7.7%
Chain Summary
Chain Volume: 246
Chain OI: 6,001
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 10th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
10%
vs own history
GEX tilt
+0.27
OI-weighted, today
Vanna tilt
-0.45
δ-sensitivity to IV
Charm tilt
+0.48
δ-decay vs time
Vanna tilt -0.45: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.48: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 3 ATM contracts, 2k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)10.2LowNov 9
IV Rank (30 DTE)43.2MediumNov 9
Straddle Price (30 DTE)$1.23Nov 9
Beta Analysis
Risk Metrics
Beta: 2.7787
Alpha: -0.05%
Correlation: 0.5369
R-Squared: 28.8%
Stock Volatility: 71.3%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own LTRX
3 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $4.6M | #2164 of 6285 | +186.8% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $4.5M | #1523 of 3138 | +10.8% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $151K | #3544 of 3716 | -95.1% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
LTRX Institutional Ownership (13F)
Filings for 2026-06-30 · 32 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 40,145,000 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
6 filers$1.06M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $382.20K | 36.19% | 2026-06-30 |
| 2 | IMC-Chicago, LLC Custodian | $277.58K | 26.28% | 2026-09-30 |
| 3 | PEAK6 LLC | $203.45K | 19.26% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $78.20K | 7.40% | 2026-06-30 |
| 5 | Citadel Advisors LLC Custodian | $59.98K | 5.68% | 2026-06-30 |
| 6 | Simplex Trading, LLC Custodian | $54.80K | 5.19% | 2026-09-30 |
3 filers$84.69K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $77.62K | 91.64% | 2026-06-30 |
| 2 | Simplex Trading, LLC Custodian | $6.49K | 7.66% | 2026-09-30 |
| 3 | GROUP ONE TRADING LLC Custodian | $588 | 0.69% | 2026-06-30 |
LTRX Insider Trading (Form 4)
Latest: 2026-11-04Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-11-04 | Narbeh Derhacobian | Director | Exer (M) | +8,541 | — | EDGAR | |
| 2026-11-04 | Kevin S. Palatnik | Director | Exer (M) | +8,541 | — | EDGAR | |
| 2026-11-04 | Hoshi Printer | Director | Exer (M) | +8,541 | — | EDGAR | |
| 2026-11-04 | James Chris Auker | Director | Exer (M) | +8,541 | — | EDGAR | |
| 2026-11-04 | Sailesh Chittipeddi | Director | Exer (M) | +8,541 | — | EDGAR | |
| 2026-11-02 | Saleel Awsare | President & CEO | Mixed Tax −76,259 · Grant +156,752 |
+80,493 | $6.01 | -$458.3K | EDGAR |
| 2026-09-09 | Saleel Awsare | President & CEO | Buy (P) | +15,000 | $5.18 | $77.7K | EDGAR |
| 2026-09-03 | Kurt W Hoff | Chief Revenue Officer | Mixed Exer +31,121 · Tax −14,189 |
+16,932 | $5.15 | -$73.1K | EDGAR |
| 2026-09-03 | Mathi Gurusamy | Chief Product & Strategy Ofcr | Mixed Exer +33,762 · Tax −15,487 |
+18,275 | $5.15 | -$79.8K | EDGAR |
| 2026-09-03 | Saleel Awsare | President & CEO | Mixed Tax −24,973 · Grant +51,336 |
+26,363 | $5.15 | -$128.6K | EDGAR |
| 2026-09-03 | Brent Michael Stringham | Chief Financial Officer | Mixed Exer +30,809 · Tax −13,516 |
+17,293 | $5.15 | -$69.6K | EDGAR |
| 2026-08-28 | Brent Michael Stringham | Chief Financial Officer | Grant (A) | +38,384 RSU | — | EDGAR | |
| 2026-08-28 | Kurt W Hoff | Chief Revenue Officer | Grant (A) | +32,767 RSU | — | EDGAR | |
| 2026-08-28 | Saleel Awsare | President & CEO | Grant (A) | +82,385 RSU | — | EDGAR | |
| 2026-08-28 | Mathi Gurusamy | Chief Product & Strategy Ofcr | Grant (A) | +32,767 RSU | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
LTRX Insider Holdings
11 insiders · @ $5.53
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Bernhard Bruscha | 10%+ Owner | 7,514,396 | $41.55M | -$4.02M | 73 | 2025-12-03 |
| 2 | Saleel Awsare | President & CEO | 610,133 | $3.37M | $475.1K | 23 | 2026-11-02 |
| 3 | Hoshi Printer | Director | 238,105 | $1.32M | -$594.5K | 55 | 2026-11-04 |
| 4 | Brent Michael Stringham | Chief Financial Officer | 128,877 | $712.7K | $0 | 12 | 2026-09-03 |
| 5 | Mathi Gurusamy | Chief Product & Strategy Ofcr | 99,233 | $548.8K | -$89.8K | 13 | 2026-09-03 |
| 6 | Philip G Brace | Director | 88,154 | $487.5K | $237.3K | 8 | 2024-11-13 |
| 7 | Kurt W Hoff | Chief Revenue Officer | 74,684 | $413.0K | $0 | 12 | 2026-09-03 |
| 8 | Kevin S. Palatnik | Director | 56,680 | $313.4K | $50.8K | 6 | 2026-11-04 |
| 9 | Narbeh Derhacobian | Director | 51,680 | $285.8K | $38.3K | 7 | 2026-11-04 |
| 10 | Sailesh Chittipeddi | Director | 40,832 | $225.8K | $22.4K | 5 | 2026-11-04 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
LTRX Board & Officers
As of SEC filings through Nov 4, 2026Directors 6
- Hoshi Printer · since Dec 15, 2010
- Saleel Awsare · since Nov 20, 2023
- Kevin S. Palatnik · since Nov 5, 2024
- Narbeh Derhacobian · since Nov 5, 2024
- Sailesh Chittipeddi · since May 6, 2025
- James Chris Auker · since Jul 7, 2025
Officers 4
- Saleel Awsare · President & CEO · since Nov 20, 2023
- Brent Michael Stringham · Chief Financial Officer · listed since Mar 2025
- Kurt W Hoff · Chief Revenue Officer · listed since Jun 2025
- Mathi Gurusamy · Chief Product & Strategy Ofcr · listed since Sep 2025
Changes in the last 10 years (46)
| Jun 2, 2026 | Kurt W Hoff no longer listed as a director in SEC filings |
| Mar 3, 2026 | Kurt W Hoff first listed as a director in an SEC filing |
| Dec 3, 2025 | Bernhard Bruscha reported in an SEC filing no longer being a 10% owner |
| Sep 3, 2025 | Mathi Gurusamy listed as Chief Product & Strategy Ofcr (previously Chief Product & Strategy Officer) in SEC filings |
| Jul 7, 2025 | James Chris Auker became a director |
| Jul 2, 2025 | Mathi Gurusamy listed as Chief Product & Strategy Officer (previously Chief Strategy Officer) in SEC filings |
| Jun 3, 2025 | Kurt W Hoff listed as Chief Revenue Officer (previously VP, Worldwide Sales) in SEC filings |
| May 6, 2025 | Sailesh Chittipeddi became a director |
| Mar 3, 2025 | Brent Michael Stringham listed as Chief Financial Officer (previously Chief Accounting Officer and Interim Chief Financial Officer) in SEC filings |
| Feb 7, 2025 | The company announced the departure of Eric Bass as VP of Engineering in an SEC filing |
| Feb 3, 2025 | The company announced the departure of Philip G Brace from the board in an SEC filing |
| Nov 5, 2024 | Narbeh Derhacobian became a director |
| Nov 5, 2024 | Kevin S. Palatnik became a director |
| Sep 24, 2024 | The company announced the departure of Christa Steele from the board in an SEC filing |
| Sep 15, 2024 | Brent Michael Stringham became Chief Accounting Officer and Interim Chief Financial Officer |
| Sep 10, 2024 | The company announced the departure of Jeremy Whitaker as Chief Financial Officer in an SEC filing |
| Aug 9, 2024 | The company announced the departure of Phu Hoang from the board in an SEC filing |
| Aug 9, 2024 | The company announced the departure of Jason Cohenour from the board in an SEC filing |
| Jul 23, 2024 | Jeremy Whitaker listed as Chief Financial Officer (previously Interim CEO & CFO) in SEC filings |
| May 13, 2024 | Mathi Gurusamy became Chief Strategy Officer |
| May 13, 2024 | Kurt W Hoff became VP, Worldwide Sales |
| Feb 22, 2024 | The company announced the departure of Roger Holliday as VP of Worldwide Sales in an SEC filing |
| Jan 24, 2024 | Christa Steele became a director |
| Nov 20, 2023 | Saleel Awsare became a director |
| Nov 20, 2023 | Saleel Awsare became President & CEO |
| Aug 8, 2023 | Philip G Brace became a director |
| Jul 6, 2023 | Jeremy Whitaker listed as Interim CEO & CFO (previously Chief Financial Officer) in SEC filings |
| May 25, 2023 | The company announced the departure of Paul H Pickle from the board in an SEC filing |
| May 25, 2023 | The company announced the departure of Paul H Pickle as President & CEO in an SEC filing |
| Feb 1, 2023 | Eric Bass became VP of Engineering |
| Jan 20, 2023 | The company announced the departure of Fathi Hakam as Vice President of Engineering in an SEC filing |
| Nov 8, 2022 | Phu Hoang became a director |
| Nov 8, 2022 | Jason Cohenour became a director |
| Sep 13, 2022 | The company announced the departure of Margaret A Evashenk from the board in an SEC filing |
| Jun 3, 2022 | Bernhard Bruscha no longer listed as a director in SEC filings |
| May 11, 2022 | Bernhard Bruscha first listed as a director in an SEC filing |
| Nov 23, 2021 | Bernhard Bruscha no longer listed as a director in SEC filings |
| Nov 9, 2021 | Heidi Nguyen became a director |
| Jan 20, 2020 | Roger Holliday became VP of Worldwide Sales |
| Nov 15, 2019 | Martin M Hale Jr first listed as a 10% owner in an SEC filing |
| Aug 1, 2019 | Margaret A Evashenk became a director |
| Apr 22, 2019 | Paul H Pickle became a director |
| Apr 22, 2019 | Paul H Pickle became President & CEO |
| Nov 15, 2018 | Martin M Hale Jr no longer listed as a 10% owner in SEC filings |
| Aug 20, 2018 | Fathi Hakam became Vice President of Engineering |
| Dec 2, 2016 | Jeff Benck listed as Chief Executive Officer (previously Chief Executive Offcer) in SEC filings |
Not reported recently (10)
- Paul F Folino · Last reported as a director in an SEC filing dated May 10, 2023
- Heidi Nguyen · Last reported as a director in an SEC filing dated May 10, 2023
- Bruce C Edwards · Last reported as a director in an SEC filing dated Nov 5, 2020
- Martin M Hale Jr · Last reported as a director in an SEC filing dated Mar 16, 2020
- Kevin Yoder · Last reported as VP of Worldwide Sales in an SEC filing dated Jan 24, 2020
- Jeff Benck · Last reported as a director in an SEC filing dated Mar 5, 2019
- Daryl R Miller · Last reported as VP, Engineering in an SEC filing dated Aug 9, 2018
- Kurt E Scheuerman · Last reported as VP, General Counsel in an SEC filing dated Aug 31, 2017
- Michael Andrew Fink · Last reported as Vice President of Operations in an SEC filing dated Aug 31, 2017
- Sanjeev Datla · Last reported as Chief Technology Officer in an SEC filing dated Aug 31, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
LTRX Proposed Insider Sales (Form 144)
Latest: 2026-03-23
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-03-23 | Gurusamy Mathi | Officer | 13,917 | $86.5K | 2026-03-13 | Raymond James & Associates | — | EDGAR |
| 2025-09-02 | Nguyen Heidi | Member of immediate family of any of the foregoing | 22,993 | $114.2K | 2025-09-02 | Charles Schwab Corp. | — | EDGAR |
| 2024-06-10 | Jeremy Whitaker | Officer | 50,000 | $188.5K | 2024-06-10 | Raymond James & Associates, Inc. | — | EDGAR |
| 2024-02-06 | TL Investment GMBH | 10% Shareholder | 770,000 | $4.79M | 2024-02-06 | J.P. Morgan Securities LLC | — | EDGAR |
| 2023-05-22 | Jeremy Whitaker | Officer | 100,000 | $488.0K | 2023-05-22 | Raymond James & Associates, Inc. | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-05
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-08-27 | 0001683168-26-006754 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|
ETF Holders
32 ETFs hold LTRX
25 shown · $33.37M total exposure · 0.01% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $8.9M | — | 2026-09-30 |
| 2 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.01% | $5.4M | $76.6B | 2026-11-06 |
| 3 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $3.4M | — | 2026-09-30 |
| 4 | KOMP State Street® SPDR® S&P Kensho New Economies Composite ETF | SPDR (State Street) | 0.14% | $3.3M | $2.3B | 2026-11-05 |
| 5 | FDLS Inspire Fidelis Multi Factor ETF | Nport | 0.77% | $1.9M | — | 2026-08-31 |
| 6 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.01% | $1.9M | $13.7B | 2026-11-06 |
| 7 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.01% | $1.7M | — | 2026-09-30 |
| 8 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.00% | $1.5M | — | 2026-11-05 |
| 9 | FITE State Street® SPDR® S&P Kensho Future Security ETF | SPDR (State Street) | 0.89% | $1.2M | $140.0M | 2026-11-05 |
| 10 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.00% | $769,105 | — | 2026-11-05 |
| 11 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.01% | $643,670 | — | 2026-11-05 |
| 12 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.05% | $625,807 | $1.2B | 2026-11-06 |
| 13 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.01% | $341,635 | $3.2B | 2026-11-05 |
| 14 | GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF | Goldman | 0.03% | $315,555 | $1.0B | 2026-11-05 |
| 15 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.02% | $313,296 | — | 2026-09-30 |
| 16 | DCOR Dimensional US Core Equity 1 ETF | Dimensional | 0.00% | $262,945 | — | 2026-11-05 |
| 17 | VFQY Vanguard U.S. Quality Factor ETF | Vanguard | 0.05% | $241,000 | — | 2026-11-05 |
| 18 | HAIL State Street® SPDR® S&P Kensho Smart Mobility ETF | SPDR (State Street) | 0.92% | $142,487 | $15.4M | 2026-11-05 |
| 19 | EES WisdomTree U.S. SmallCap Fund | Nport | 0.02% | $129,595 | — | 2026-06-30 |
| 20 | RSSL Global X Russell 2000 ETF | Global X | 0.01% | $98,331 | — | 2026-11-06 |
| 21 | IGM iShares Expanded Tech Sector ETF | iShares (BlackRock) | 0.00% | $86,483 | $9.6B | 2026-11-06 |
| 22 | DXUV Dimensional US Vector Equity ETF | Dimensional | 0.00% | $65,415 | — | 2026-11-05 |
| 23 | VTHR Vanguard Russell 3000 ETF | Vanguard | 0.00% | $21,630 | — | 2026-09-30 |
| 24 | DFAU Dimensional US Core Equity Market ETF | Dimensional | 0.00% | $14,215 | $12.6B | 2026-11-05 |
| 25 | DFSU Dimensional US Sustainability Core 1 ETF | Dimensional | 0.00% | $13,360 | $2.3B | 2026-11-05 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-0.11
TTM Revenue
$120.90M
TTM Net Income
$-4.18M
TTM Op. Cash Flow
$9.88M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q4 '26 | 2026-06-30 | $31.15M | $-269.00K | $-0.01 | $1.93M |
| Q3 '26 | 2026-03-31 | $30.18M | $-1.18M | $-0.03 | $2.17M |
| Q2 '26 | 2025-12-31 | $29.77M | $-1.33M | $-0.03 | $2.18M |
| Q1 '26 | 2025-09-30 | $29.79M | $-1.40M | $-0.04 | $3.60M |
| Q4 '25 | 2025-06-30 | $28.84M | $-2.63M | $-0.07 | $1.05M |
| Q3 '25 | 2025-03-31 | $28.50M | $-3.87M | $-0.10 | $3.23M |
| Q2 '25 | 2024-12-31 | $31.16M | $-2.37M | $-0.06 | $340.00K |
| Q1 '25 | 2024-09-30 | $34.42M | $-2.50M | $-0.07 | $2.66M |
| Q4 '24 | 2024-06-30 | $49.08M | $386.00K | $0.01 | $2.27M |
| Q3 '24 | 2024-03-31 | $41.18M | $-423.00K | $-0.01 | $3.60M |
| Q2 '24 | 2023-12-31 | $37.04M | $-2.59M | $-0.07 | $5.25M |
| Q1 '24 | 2023-09-30 | $33.03M | $-1.89M | $-0.05 | $7.50M |
Q4 2026 • period ending 2026-06-30 • filed 2026-08-27
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
1.86
P/S
1.84
EV/EBITDA
—
EV/Sales
1.34
ROE
-3.5%
ROA
-2.6%
Div Yield
0.00%
FCF Yield
4.45%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$222.00M
as of 2026-11-09
LTRX vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| ZS Zscaler, Inc. Common Stock | $32.2B | — | +25.4% | −8.8% | 86 |
| OKTA Okta, Inc. Class A Common Stock | $29.5B | 106.9 | +11.2% | +113.4% | 85 |
| QLYS Qualys, Inc. Common Stock | $6.6B | 35.2 | +10.4% | +55.3% | 90 |
| TENB Tenable Holdings, Inc. | $4.4B | 338.8 | +9.5% | +93.8% | 29 |
| VIA Via Transportation, Inc. | $3.1B | — | — | +60.8% | 3 |
| RPD Rapid7, Inc. Common Stock | $1.0B | 72.6 | −1.0% | +6.9% | 54 |
| NABL N-able, Inc. | $855M | — | +8.7% | −33.6% | 3 |
| OSPN OneSpan Inc. Common Stock | $797M | 12.7 | +4.9% | +85.5% | 34 |
| LTRX Lantronix Inc | $239M | — | −1.6% | −10.1% | 43 |
| Peer median | $3.7B | 72.6 | +9.5% | +58.0% | 44 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
2.44M
SI % of Float
5.21%
Days to Cover
3.61
Short Vol Ratio
45.3%
Free Float
46.88M
Float %
100.0%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-09-24