Essex Investment Management Co. LLC Increases Position in Data I/O Co. (NASDAQ:DAIO)

Essex Investment Management Co. LLC lifted its holdings in shares of Data I/O Co. (NASDAQ:DAIO) by 37.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,063 shares of the electronics maker’s stock after acquiring an additional 10,679 shares during the quarter. Essex Investment Management Co. LLC’s holdings in Data I/O were worth $108,000 at the end of the most recent quarter.

Separately, Geode Capital Management LLC grew its stake 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 owned by institutional investors and hedge funds.

Data I/O Stock Performance

Shares of NASDAQ:DAIO opened at $2.54 on Monday. The company has a market capitalization of $23.46 million, a P/E ratio of -13.37 and a beta of 0.90. The company’s 50-day moving average is $2.91 and its 200 day moving average is $2.70. Data I/O Co. has a fifty-two week low of $2.29 and a fifty-two week high of $3.99.

About Data I/O

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.