Data I/O Co. (NASDAQ:DAIO) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. trimmed its position in shares of Data I/O Co. (NASDAQ:DAIO) by 7.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 279,806 shares of the electronics maker’s stock after selling 21,400 shares during the period. Kovack Advisors Inc.’s holdings in Data I/O were worth $775,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC lifted its stake in shares of Data I/O by 30.9% in the third quarter. Geode Capital Management LLC now owns 96,512 shares of the electronics maker’s stock worth $248,000 after acquiring an additional 22,804 shares in the last quarter. Institutional investors own 36.95% of the company’s stock.

Data I/O Stock Down 10.1 %

Shares of NASDAQ DAIO opened at $2.77 on Friday. The business has a 50 day moving average price of $2.93 and a two-hundred day moving average price of $2.69. Data I/O Co. has a fifty-two week low of $2.29 and a fifty-two week high of $3.99. The firm has a market cap of $25.58 million, a PE ratio of -14.58 and a beta of 0.91.

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.