Lyntris Inc. (NYSE:LYNX - Get Free Report) has received a consensus rating of "Buy" from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a buy rating. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $21.00.

Several research analysts have commented on the stock. Evercore started coverage on shares of Lyntris in a research note on Monday. They set an "outperform" rating on the stock. William Blair assumed coverage on shares of Lyntris in a report on Monday. They set an "outperform" rating on the stock. Wall Street Zen upgraded shares of Lyntris to a "hold" rating in a research report on Saturday, August 29th. Raymond James Financial initiated coverage on shares of Lyntris in a research note on Monday. They issued an "outperform" rating for the company. Finally, Guggenheim began coverage on shares of Lyntris in a research report on Monday. They set a "buy" rating for the company.

Get Our Latest Report on LYNX

Lyntris Stock Down 0.4%

NYSE:LYNX opened at $12.69 on Monday. Lyntris has a 1-year low of $12.21 and a 1-year high of $16.00.

Insider Buying and Selling

In other news, CEO Brian Morrison sold 186,752 shares of the firm's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $16.45, for a total value of $3,072,070.40. Following the transaction, the chief executive officer owned 1,286,983 shares in the company, valued at approximately $21,170,870.35. This trade represents a 12.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Trive Capital Holdings Llc sold 8,333,333 shares of the company's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $17.50, for a total transaction of $145,833,327.50. Following the sale, the insider owned 11,966,544 shares of the company's stock, valued at $209,414,520. This represents a 41.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,912,282 shares of company stock worth $155,357,039 in the last 90 days.

Lyntris Company Profile

(Get Free Report)

Lyntris Inc is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Lyntris Inc is based in WASHINGTON.

Featured Stories

• Five stocks we like better than Lyntris
• Digging for Value: Alpha Metallurgical Resources Insider Buys Big
• Smart Money Shifts: U.S. Bancorp Pairs Tech With Yield
• Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
• 3 Small-Cap Biotechs With Binary Catalysts on the Calendar

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Lyntris Right Now?

Before you consider Lyntris, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lyntris wasn't on the list.

While Lyntris currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here