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.
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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