Seizert Capital Partners LLC Trims Position in Data I/O Co. (DAIO)

Seizert Capital Partners LLC lessened its holdings in Data I/O Co. (NASDAQ:DAIO) by 61.0% during the 1st quarter, Holdings Channel reports. The firm owned 37,861 shares of the electronics maker’s stock after selling 59,241 shares during the period. Seizert Capital Partners LLC’s holdings in Data I/O were worth $210,000 at the end of the most recent reporting period.

Separately, Municipal Employees Retirement System of Michigan bought a new position in Data I/O during the fourth quarter valued at $369,000. 35.31% of the stock is currently owned by hedge funds and other institutional investors.

Separately, TheStreet cut shares of Data I/O from a “b-” rating to a “c” rating in a research report on Wednesday, April 24th.

DAIO stock traded up $0.06 during mid-day trading on Tuesday, reaching $4.41. 11,833 shares of the stock traded hands, compared to its average volume of 36,485. The company has a quick ratio of 3.32, a current ratio of 4.72 and a debt-to-equity ratio of 0.07. Data I/O Co. has a one year low of $4.27 and a one year high of $7.32. The stock has a market capitalization of $35.76 million, a price-to-earnings ratio of 25.39 and a beta of 1.67.

Data I/O (NASDAQ:DAIO) last posted its quarterly earnings data on Thursday, April 25th. The electronics maker reported $0.00 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.03). Data I/O had a net margin of 5.43% and a return on equity of 6.49%. The firm had revenue of $6.06 million for the quarter.

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About Data I/O

Data I/O Corporation designs, manufactures, and sells programming 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 necessary for the ICs. The company provides PSV handlers offline automated programming systems; and RoadRunner and RoadRunner3 series handlers, an inline automated programming systems.

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Institutional Ownership by Quarter for Data I/O (NASDAQ:DAIO)

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