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

Data I/O Corporation (DAIO) traded up 2.78% during midday trading on Friday, reaching $8.50. 101,731 shares of the company’s stock traded hands. The stock has a market cap of $69.46 million, a P/E ratio of 19.81 and a beta of 1.31. Data I/O Corporation has a 52-week low of $3.38 and a 52-week high of $9.94. The company’s 50-day moving average price is $8.14 and its 200-day moving average price is $7.01.

Data I/O Corporation (NASDAQ:DAIO) last issued its quarterly earnings data on Thursday, July 27th. The electronics maker reported $0.14 EPS 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 predict that Data I/O Corporation will post ($0.10) EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently modified their holdings of DAIO. Essex Investment Management Co. LLC raised its holdings in Data I/O Corporation by 22.6% in the 2nd quarter. Essex Investment Management Co. LLC now owns 16,561 shares of the electronics maker’s stock worth $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% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 20,022 shares of the electronics maker’s stock worth $159,000 after acquiring 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% in the 2nd quarter. Northern Trust Corp now owns 27,580 shares of the electronics maker’s stock worth $219,000 after acquiring 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% in the 2nd quarter. Virtu KCG Holdings LLC now owns 37,357 shares of the electronics maker’s stock worth $297,000 after acquiring 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% in the 2nd quarter. Spark Investment Management LLC now owns 61,800 shares of the electronics maker’s stock worth $491,000 after acquiring an additional 33,800 shares in the last quarter. Institutional investors and hedge funds 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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