Data I/O Co. (NASDAQ:DAIO) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in shares of Data I/O Co. (NASDAQ:DAIO) by 30.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 96,512 shares of the electronics maker’s stock after buying an additional 22,804 shares during the quarter. Geode Capital Management LLC owned approximately 1.04% of Data I/O worth $248,000 at the end of the most recent quarter.

Separately, Perkins Coie Trust Co raised its stake in Data I/O by 44.4% in the 3rd quarter. Perkins Coie Trust Co now owns 29,600 shares of the electronics maker’s stock valued at $76,000 after purchasing an additional 9,100 shares during the last quarter. Institutional investors own 36.95% of the company’s stock.

Data I/O Trading Up 1.1 %

Shares of DAIO stock opened at $2.83 on Tuesday. The firm has a 50-day moving average price of $2.72 and a 200 day moving average price of $2.62. Data I/O Co. has a twelve month low of $2.29 and a twelve month high of $3.99. The company has a market capitalization of $26.15 million, a price-to-earnings ratio of -14.89 and a beta of 0.92.

Data I/O (NASDAQ:DAIO) last announced its earnings results on Thursday, October 24th. The electronics maker reported ($0.03) earnings per share for the quarter. Data I/O had a negative net margin of 7.53% and a negative return on equity of 9.05%. The firm had revenue of $5.42 million during the quarter.

Data I/O Company Profile

Data I/O Corporation, together with its subsidiaries, 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. Its programming system products are used to program integrated circuits (ICs) with the specific data for the ICs.