Heartland Advisors Discloses a 1.9% Stake in Lantronix

Heartland Advisors, Lantronix: In an amended 13G filed by Heartland Advisors a few minutes ago, the firm reported ownership of approximately 1.9% of Lantronix Inc (NASDAQ:LTRX), a communications technology company. Earlier today, Heartland disclosed that it owns a little under 4% of another micro-cap company. Like that move, we think Heartland’s stake in Lantronix is value-based first and foremost.

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