Data I/O Co. (DAIO) Director Sells $92,153.60 in Stock

Data I/O Co. (NASDAQ:DAIO) Director Douglas Wells Brown sold 7,040 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $13.09, for a total transaction of $92,153.60. Following the sale, the director now owns 31,774 shares of the company’s stock, valued at $415,921.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Data I/O Co. (NASDAQ DAIO) traded down $0.72 during trading on Friday, reaching $12.34. 436,752 shares of the company traded hands, compared to its average volume of 137,084. Data I/O Co. has a 52-week low of $4.01 and a 52-week high of $16.49. The firm has a market capitalization of $120.90, a PE ratio of 26.67 and a beta of 1.36.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its position in shares of Data I/O by 6.8% during the third quarter. Dimensional Fund Advisors LP now owns 347,736 shares of the electronics maker’s stock valued at $3,463,000 after acquiring an additional 22,023 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Data I/O by 6.4% during the second quarter. Vanguard Group Inc. now owns 272,922 shares of the electronics maker’s stock valued at $2,170,000 after acquiring an additional 16,514 shares during the last quarter. EAM Investors LLC acquired a new stake in shares of Data I/O during the second quarter valued at about $495,000. Spark Investment Management LLC increased its position in shares of Data I/O 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 acquiring an additional 33,800 shares during the last quarter. Finally, Cable Hill Partners LLC increased its position in shares of Data I/O by 11.1% during the third quarter. Cable Hill Partners LLC now owns 50,000 shares of the electronics maker’s stock valued at $498,000 after acquiring an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 25.70% of the company’s stock.

Separately, Lake Street Capital began coverage on shares of Data I/O in a research report on Monday, November 13th. They set a “buy” rating and a $13.00 price objective for the company.

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About Data I/O

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.

Insider Buying and Selling by Quarter for Data I/O (NASDAQ:DAIO)

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