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.


Disclosure: none

Recommended Reading:

Activist Lawrence Seidman Ups His Position in OBA Financial

Fort Dearborn Receives Vote of Confidence From Karpus Management

Andrew Feldstein and Stephen Siderow’s BlueMountain Capital Joins the Party at Chatham Lodging Trust