Data I/O Corporation (NASDAQ:DAIO) VP Rajeev Gulati sold 13,452 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $8.34, for a total value of $112,189.68. Following the transaction, the vice president now owns 80,817 shares in the company, valued at approximately $674,013.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Data I/O Corporation (NASDAQ DAIO) opened at 8.21 on Friday. The company has a market cap of $67.09 million, a PE ratio of 19.14 and a beta of 1.31. The firm’s 50-day moving average price is $8.16 and its 200-day moving average price is $6.98. Data I/O Corporation has a one year low of $3.38 and a one year high of $9.94.

Data I/O Corporation (NASDAQ:DAIO) last released its quarterly earnings results on Thursday, July 27th. The electronics maker reported $0.14 EPS for the quarter. Data I/O Corporation had a return on equity of 21.22% and a net margin of 12.14%. The firm had revenue of $9.14 million for the quarter. On average, equities research analysts forecast that Data I/O Corporation will post ($0.10) earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in shares of Data I/O Corporation by 15.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 325,713 shares of the electronics maker’s stock valued at $2,589,000 after purchasing an additional 44,089 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Data I/O Corporation by 6.4% during the 2nd quarter. Vanguard Group Inc. now owns 272,922 shares of the electronics maker’s stock valued at $2,170,000 after purchasing an additional 16,514 shares in the last quarter. EAM Investors LLC bought a new stake in shares of Data I/O Corporation during the 2nd quarter valued at about $495,000. Spark Investment Management LLC boosted its position in shares of Data I/O Corporation by 120.7% during the 2nd quarter. Spark Investment Management LLC now owns 61,800 shares of the electronics maker’s stock valued at $491,000 after purchasing an additional 33,800 shares in the last quarter. Finally, Virtu KCG Holdings LLC boosted its position in shares of Data I/O Corporation by 58.8% during the 2nd quarter. Virtu KCG Holdings LLC now owns 37,357 shares of the electronics maker’s stock valued at $297,000 after purchasing an additional 13,833 shares in the last quarter. Hedge funds and other institutional investors own 24.70% of the company’s stock.

About Data I/O Corporation

Data I/O Corporation provides programming and associated intellectual property management solutions. The Company’s solutions are used in the manufacturing of flash, microcontrollers and flash-memory-based intelligent devices. It designs, manufactures and sells programming systems used by designers and manufacturers of electronic products.

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