Data I/O Corporation (NASDAQ:DAIO) Director Mark J. Gallenberger sold 13,036 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $11.50, for a total value of $149,914.00. Following the transaction, the director now owns 34,232 shares of the company’s stock, valued at $393,668. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Data I/O Corporation (NASDAQ DAIO) traded down $0.07 during midday trading on Thursday, hitting $12.43. The company had a trading volume of 137,900 shares, compared to its average volume of 117,963. The firm has a market capitalization of $103.01, a price-to-earnings ratio of 22.73 and a beta of 1.36. Data I/O Corporation has a twelve month low of $3.89 and a twelve month high of $13.48.
COPYRIGHT VIOLATION NOTICE: “Mark J. Gallenberger Sells 13,036 Shares of Data I/O Corporation (DAIO) Stock” was published by Markets Daily and is the property of of Markets Daily. If you are accessing this story on another website, it was illegally stolen and republished in violation of US & international copyright and trademark law. The correct version of this story can be read at https://www.themarketsdaily.com/2017/11/16/mark-j-gallenberger-sells-13036-shares-of-data-io-corporation-daio-stock.html.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Essex Investment Management Co. LLC raised its stake in shares of Data I/O Corporation by 22.6% in the second quarter. Essex Investment Management Co. LLC now owns 16,561 shares of the electronics maker’s stock valued at $132,000 after purchasing an additional 3,055 shares in the last quarter. Cable Hill Partners LLC raised its stake in Data I/O Corporation by 11.1% during the third quarter. Cable Hill Partners LLC now owns 50,000 shares of the electronics maker’s stock worth $498,000 after acquiring an additional 5,000 shares in the last quarter. Northern Trust Corp raised its stake in Data I/O Corporation by 38.3% during the second 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. Wells Fargo & Company MN raised its stake in Data I/O Corporation by 281.7% during the third quarter. Wells Fargo & Company MN now owns 10,782 shares of the electronics maker’s stock worth $107,000 after acquiring an additional 7,957 shares in the last quarter. Finally, Thompson Davis & CO. Inc. raised its stake in Data I/O Corporation by 77.2% during the second 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. Institutional investors and hedge funds own 24.69% 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.
Receive News & Ratings for Data I/O Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Data I/O Corporation and related companies with MarketBeat.com's FREE daily email newsletter.