Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Data I/O Corporation (DAIO) Share Price

News stories about Data I/O Corporation (NASDAQ:DAIO) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Data I/O Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the electronics maker an impact score of 45.950431860762 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Shares of Data I/O Corporation (NASDAQ:DAIO) opened at $12.27 on Tuesday. The stock has a market cap of $93.21, a PE ratio of 20.56 and a beta of 1.36. Data I/O Corporation has a 1 year low of $3.89 and a 1 year high of $13.48.

Separately, Lake Street Capital assumed coverage on shares of Data I/O Corporation in a research report on Monday. They issued a “buy” rating and a $13.00 target price on the stock.

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In other Data I/O Corporation news, President Anthony Ambrose sold 8,400 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $12.73, for a total value of $106,932.00. Following the transaction, the president now directly owns 318,069 shares in the company, valued at $4,049,018.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Rajeev Gulati sold 13,452 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $8.34, for a total transaction of $112,189.68. Following the completion of the transaction, the vice president now owns 80,817 shares in the company, valued at $674,013.78. The disclosure for this sale can be found here. In the last ninety days, insiders sold 155,880 shares of company stock worth $1,808,618. 8.60% of the stock is owned by corporate insiders.

Data I/O Corporation Company Profile

Data I/O Corporation provides programming and associated intellectual property management solutions. The Company’s solutions are used in the manufacturing of flash, microcontrollers and flash-memory-based intelligent devices. It designs, manufactures and sells programming systems used by designers and manufacturers of electronic products.

Insider Buying and Selling by Quarter for Data I/O Corporation (NASDAQ:DAIO)

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