Data I/O Corporation (NASDAQ:DAIO) VP Rajeev Gulati sold 5,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $8.86, for a total value of $44,300.00. Following the completion of the sale, the vice president now directly owns 94,365 shares of the company’s stock, valued at $836,073.90. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Rajeev Gulati also recently made the following trade(s):

  • On Tuesday, October 10th, Rajeev Gulati sold 4,028 shares of Data I/O Corporation stock. The shares were sold at an average price of $8.92, for a total value of $35,929.76.
  • On Wednesday, October 11th, Rajeev Gulati sold 14,028 shares of Data I/O Corporation stock. The shares were sold at an average price of $9.20, for a total value of $129,057.60.
  • On Tuesday, September 12th, Rajeev Gulati sold 13,452 shares of Data I/O Corporation stock. The shares were sold at an average price of $8.34, for a total value of $112,189.68.

Shares of Data I/O Corporation (NASDAQ:DAIO) traded up 2.48% during mid-day trading on Wednesday, reaching $9.93. The company had a trading volume of 57,589 shares. Data I/O Corporation has a 12-month low of $3.41 and a 12-month high of $10.30. The firm has a 50-day moving average of $8.99 and a 200-day moving average of $7.62. The company has a market capitalization of $81.15 million, a P/E ratio of 23.15 and a beta of 1.41.

Data I/O Corporation (NASDAQ:DAIO) last announced its earnings results on Thursday, July 27th. The electronics maker reported $0.14 earnings per share for the quarter. Data I/O Corporation had a net margin of 12.14% and a return on equity of 21.22%. The business had revenue of $9.14 million during the quarter. On average, equities analysts anticipate 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 made changes to their positions in the business. Essex Investment Management Co. LLC increased its stake in shares of Data I/O Corporation by 22.6% during the second quarter. Essex Investment Management Co. LLC now owns 16,561 shares of the electronics maker’s stock valued at $132,000 after purchasing an additional 3,055 shares in the last quarter. Thompson Davis & CO. Inc. increased its stake in shares of Data I/O Corporation by 77.2% during the second quarter. Thompson Davis & CO. Inc. now owns 20,022 shares of the electronics maker’s stock valued at $159,000 after purchasing an additional 8,722 shares in the last quarter. Northern Trust Corp increased its stake in shares of Data I/O Corporation by 38.3% during the second quarter. Northern Trust Corp now owns 27,580 shares of the electronics maker’s stock valued at $219,000 after purchasing an additional 7,634 shares in the last quarter. Virtu KCG Holdings LLC increased its stake in shares of Data I/O Corporation by 58.8% during the second 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. Finally, Spark Investment Management LLC increased its stake in shares of Data I/O Corporation by 120.7% during the second 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. 24.70% of the stock is owned by institutional investors and hedge funds.

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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