Data I/O Co. (NASDAQ:DAIO) Director Sells $95,698.26 in Stock

Data I/O Co. (NASDAQ:DAIO) Director Douglas Wells Brown sold 15,714 shares of the stock in a transaction dated Monday, June 7th. The shares were sold at an average price of $6.09, for a total transaction of $95,698.26. Following the completion of the transaction, the director now directly owns 76,233 shares in the company, valued at $464,258.97. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Douglas Wells Brown also recently made the following trade(s):

  • On Friday, June 4th, Douglas Wells Brown sold 2,900 shares of Data I/O stock. The shares were sold at an average price of $6.26, for a total transaction of $18,154.00.

Data I/O stock opened at $6.24 on Friday. The company has a market cap of $52.58 million, a PE ratio of -13.56 and a beta of 1.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.45 and a current ratio of 4.41. Data I/O Co. has a twelve month low of $2.86 and a twelve month high of $6.55. The firm has a 50-day moving average of $5.68.

Data I/O (NASDAQ:DAIO) last released its quarterly earnings results on Thursday, April 29th. The electronics maker reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.01. The firm had revenue of $6.02 million for the quarter. Data I/O had a negative net margin of 17.36% and a negative return on equity of 18.75%.

Institutional investors and hedge funds have recently made changes to their positions in the company. Greenhaven Road Investment Management L.P. bought a new position in shares of Data I/O during the fourth quarter worth approximately $47,000. Axiom Investment Management LLC bought a new position in shares of Data I/O during the first quarter worth approximately $55,000. GWM Advisors LLC increased its holdings in shares of Data I/O by 20.4% during the first quarter. GWM Advisors LLC now owns 17,723 shares of the electronics maker’s stock worth $96,000 after purchasing an additional 3,000 shares during the period. James Investment Research Inc. increased its holdings in shares of Data I/O by 20.4% during the first quarter. James Investment Research Inc. now owns 17,723 shares of the electronics maker’s stock worth $96,000 after purchasing an additional 3,000 shares during the period. Finally, Worth Venture Partners LLC bought a new position in shares of Data I/O during the fourth quarter worth approximately $208,000. 40.66% of the stock is currently owned by institutional investors.

Data I/O Company Profile

Data I/O Corporation engages in the design, manufacture, and sale of programming and security deployment systems and services for electronic device manufacturers in the United States, Europe, and internationally. The company's programming system products are used to program integrated circuits (ICs) with the specific data necessary for the ICs.

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