Legato Capital Management LLC Takes $30,000 Position in Data I/O Co. (NASDAQ:DAIO)

Legato Capital Management LLC purchased a new stake in shares of Data I/O Co. (NASDAQ:DAIO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,676 shares of the electronics maker’s stock, valued at approximately $30,000. Legato Capital Management LLC owned 0.12% of Data I/O as of its most recent filing with the SEC.

Separately, Geode Capital Management LLC raised its position in shares of Data I/O by 30.9% during the 3rd quarter. Geode Capital Management LLC now owns 96,512 shares of the electronics maker’s stock valued at $248,000 after buying an additional 22,804 shares during the period. Hedge funds and other institutional investors own 36.95% of the company’s stock.

Data I/O Stock Performance

DAIO stock opened at $3.12 on Friday. The firm has a market cap of $28.83 million, a PE ratio of -16.42 and a beta of 0.91. The firm’s 50 day moving average price is $2.89 and its 200-day moving average price is $2.65. Data I/O Co. has a one year low of $2.29 and a one year 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.