Essex Investment Management Co. LLC Purchases 10,679 Shares of Data I/O Co. (NASDAQ:DAIO)

Essex Investment Management Co. LLC raised its position in Data I/O Co. (NASDAQ:DAIO) by 37.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 39,063 shares of the electronics maker’s stock after acquiring an additional 10,679 shares during the period. Essex Investment Management Co. LLC owned approximately 0.42% of Data I/O worth $108,000 as of its most recent filing with the SEC.

Separately, Geode Capital Management LLC grew its position in Data I/O by 30.9% in the 3rd quarter. Geode Capital Management LLC now owns 96,512 shares of the electronics maker’s stock valued at $248,000 after purchasing an additional 22,804 shares during the period. 36.95% of the stock is currently owned by hedge funds and other institutional investors.

Data I/O Trading Down 2.3 %

DAIO opened at $2.54 on Monday. Data I/O Co. has a 1-year low of $2.29 and a 1-year high of $3.99. The company has a market cap of $23.46 million, a price-to-earnings ratio of -13.37 and a beta of 0.90. The company’s fifty day moving average price is $2.91 and its two-hundred day moving average price is $2.70.

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.