Ownership Action to Note: Data I (NASDAQ:DAIO) Stock Price Gains While Sentiment Increases

November 21, 2016 - By Louis Casey   ·   0 Comments

Ownership Action to Note: Data I (NASDAQ:DAIO) Stock Price Gains While Sentiment  Increases

Sentiment for Data I (NASDAQ:DAIO)

Data I (NASDAQ:DAIO) institutional sentiment increased to 2.5 in Q2 2016. Its up 0.50, from 2 in 2016Q1. The ratio is better, as 6 funds increased and started new equity positions, while 3 reduced and sold their stock positions in Data I. The funds in our partner’s database reported: 1.69 million shares, up from 1.64 million shares in 2016Q1. Also, the number of funds holding Data I in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 3 Increased: 3 New Position: 3.

Data I/O Corporation provides programming and associated intellectual property management solutions. The company has a market cap of $32.85 million. The Company’s solutions are used in the manufacturing of flash, microcontrollers and flash-memory intelligent devices. It has a 26.33 P/E ratio. It designs, makes and sells programming systems used by designers and manufacturers of electronic products.

About 3,088 shares traded hands. Data I O Corporation (NASDAQ:DAIO) has risen 88.74% since April 19, 2016 and is uptrending. It has outperformed by 84.88% the S&P500.

According to Zacks Investment Research, “Data I/O Corporation is engaged in the design, manufacture, and sale of programming systems that are used by designers and manufacturers of electronic products. The company’s programming system products are used to program integrated circuits with the specific unique data for the product within which the integrated circuits will be used, and are an important tool for the electronics industry which is experiencing growing use of programmable integrated circuits. Data I/O markets and distributes its programming systems worldwide.”

Penbrook Management Llc holds 1.2% of its portfolio in Data I O Corporation for 465,090 shares. Perritt Capital Management Inc owns 180,888 shares or 0.11% of their US portfolio. Moreover, Grt Capital Partners L.L.C. has 0.04% invested in the company for 68,900 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 20,390 shares.#img1#

DAIO Company Profile

Data I/O Corporation, incorporated on April 3, 1969, provides programming and associated intellectual property management solutions. The Company’s solutions are used in the manufacturing of flash, microcontrollers and flash-memory intelligent devices. The Firm designs, makes and sells programming systems used by designers and manufacturers of electronic products. The Company’s solutions, which include associated intellectual property management, secure content management and process control capabilities, enable it to address the requirements of the electronic device market. The Firm also provides services related to hardware support, system installation and repair, and device programming.

More notable recent Data I O Corporation (NASDAQ:DAIO) news were published by: Seekingalpha.com which released: “Data I/O Corporation’s (DAIO) CEO Anthony Ambrose on Q3 2016 Results …” on October 30, 2016, also Streetinsider.com with their article: “Form 4 DATA I/O CORP For: Oct 25 Filed by: Ambrose Anthony” published on October 27, 2016, Marketwired.com published: “Data I/O to Present at B. Riley & Co.’s 17th Annual Investor Conference on May 26” on May 05, 2016. More interesting news about Data I O Corporation (NASDAQ:DAIO) were released by: Marketwired.com and their article: “Data I/O Reports Third Quarter 2016 Results” published on October 27, 2016 as well as Marketwired.com‘s news article titled: “Data I/O to Present at LD Micro Main Event Investor Conference on December 6” with publication date: November 15, 2016.

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By Louis Casey


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