Data I/O (DAIO) Set to Announce Earnings on Thursday

Data I/O (NASDAQ:DAIO) will be posting its quarterly earnings results after the market closes on Thursday, February 22nd.

Shares of Data I/O (NASDAQ:DAIO) opened at $10.88 on Thursday. Data I/O has a 12-month low of $4.01 and a 12-month high of $16.49. The firm has a market capitalization of $89.66, a PE ratio of 19.43 and a beta of 1.21.

A number of analysts have weighed in on the company. Lake Street Capital assumed coverage on Data I/O in a research report on Monday, November 13th. They issued a “buy” rating and a $13.00 price target for the company. R. F. Lafferty assumed coverage on Data I/O in a research report on Wednesday, February 7th. They issued a “buy” rating and a $15.00 price target for the company.

In other news, President Anthony Ambrose sold 20,000 shares of Data I/O stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $15.97, for a total value of $319,400.00. Following the transaction, the president now directly owns 298,069 shares in the company, valued at $4,760,161.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Douglas Wells Brown sold 7,040 shares of Data I/O stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $13.09, for a total value of $92,153.60. Following the completion of the transaction, the director now owns 31,774 shares in the company, valued at $415,921.66. The disclosure for this sale can be found here. Insiders sold 42,040 shares of company stock worth $653,204 over the last quarter. 8.60% of the stock is currently owned by corporate insiders.

A hedge fund recently raised its stake in Data I/O stock. Northern Trust Corp lifted its holdings in Data I/O Co. (NASDAQ:DAIO) by 38.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,580 shares of the electronics maker’s stock after purchasing an additional 7,634 shares during the period. Northern Trust Corp owned 0.34% of Data I/O worth $219,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 29.36% of the company’s stock.

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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.

Earnings History for Data I/O (NASDAQ:DAIO)

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