Split History
ETFs Holding LTRX »    LTRX Historical Stock Prices »



Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Lantronix is an Industrial and Enterprise internet of things (IoT) provider of solutions. Co.'s embedded IoT modules portfolio provides a variety of options including Compute System-on-Module or System-in-Package solutions supplemented with wired and wireless network Connectivity products. Co.'s IoT System Solutions portfolio consists of systems that provide routing, switching or gateway functionalities as well as Telematics and media conversion. These products include wired and wireless connections that improve electronic systems and equipment. Co.'s software and engineering services provides single pane of glass management for Remote Environment Management and IoT deployments. According to our LTRX split history records, Lantronix has had 1 split.
LTRX split history picture
Lantronix (LTRX) has 1 split in our LTRX split history database. The split for LTRX took place on December 21, 2009. This was a 1 for 6 reverse split, meaning for each 6 shares of LTRX owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 166.666666666667 share position following the split.

When a company such as Lantronix conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the LTRX split history from start to finish, an original position size of 1000 shares would have turned into 166.666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lantronix shares, starting with a $10,000 purchase of LTRX, presented on a split-history-adjusted basis factoring in the complete LTRX split history. LTRX split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/28/2014
End date: 04/24/2024
Start price/share: $1.95
End price/share: $3.23
Dividends collected/share: $0.00
Total return: 65.64%
Average Annual Total Return: 5.18%
Starting investment: $10,000.00
Ending investment: $16,568.06
Years: 10.00
Date Ratio
12/21/20091 for 6
LTRX is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

LVLT Split History
LXK Split History
MAGS Split History
MAMS Split History
MANH Split History
MARK Split History
MATR Split History
MBT Split History
MCHP Split History
MCRL Split History

Also explore: LTRX shares outstanding history

Email EnvelopeFree LTRX Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

iSun, Inc. (ISUN)
Avenue Therapeutics, Inc. (ATXI)
Bakkt Holdings, Inc. (BKKT)
Applied DNA Sciences, Inc. (APDN)
Cidara Therapeutics, Inc. (CDTX)
Smart for Life, Inc. (SMFL)
Windtree Therapeutics, Inc. (WINT)
Golden Sun Health Technology Group Limited (GSUN)
Zapp Electric Vehicles Group Limited (ZAPP)
Beneficient (BENF)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

LTRX Insider Buying

LTRX Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.