Essex Investment Management Co. LLC increased its position in shares of Data I/O Corporation (NASDAQ:DAIO) by 22.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,561 shares of the electronics maker’s stock after buying an additional 3,055 shares during the period. Essex Investment Management Co. LLC’s holdings in Data I/O Corporation were worth $132,000 as of its most recent filing with the SEC.
Separately, Spark Investment Management LLC boosted its stake in Data I/O Corporation by 120.7% in the second quarter. Spark Investment Management LLC now owns 61,800 shares of the electronics maker’s stock worth $491,000 after buying an additional 33,800 shares in the last quarter. 18.58% of the stock is owned by hedge funds and other institutional investors.
Shares of Data I/O Corporation (NASDAQ DAIO) opened at 7.68 on Friday. The firm has a market cap of $62.76 million, a PE ratio of 17.90 and a beta of 1.28. Data I/O Corporation has a 1-year low of $3.16 and a 1-year high of $9.94. The company has a 50-day moving average of $8.47 and a 200-day moving average of $6.22.
Data I/O Corporation (NASDAQ:DAIO) last announced its quarterly earnings data on Thursday, July 27th. The electronics maker reported $0.14 earnings per share for the quarter. Data I/O Corporation had a return on equity of 21.92% and a net margin of 12.14%. The firm had revenue of $9.14 million for the quarter. Analysts predict that Data I/O Corporation will post ($0.10) earnings per share for the current fiscal year.
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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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