Domo, Inc. (NASDAQ:DOMO – Get Free Report) insider Rpd Fund Management Llc sold 11,837 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $3.65, for a total transaction of $43,205.05. Following the transaction, the insider directly owned 4,332,562 shares of the company’s stock, valued at approximately $15,813,851.30. This represents a 0.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Rpd Fund Management Llc also recently made the following trade(s):
- On Monday, June 1st, Rpd Fund Management Llc sold 39,034 shares of Domo stock. The stock was sold at an average price of $4.46, for a total transaction of $174,091.64.
- On Friday, May 29th, Rpd Fund Management Llc sold 38,583 shares of Domo stock. The stock was sold at an average price of $4.12, for a total transaction of $158,961.96.
- On Thursday, May 28th, Rpd Fund Management Llc sold 23,869 shares of Domo stock. The stock was sold at an average price of $3.84, for a total transaction of $91,656.96.
- On Wednesday, May 27th, Rpd Fund Management Llc sold 27,439 shares of Domo stock. The stock was sold at an average price of $3.71, for a total transaction of $101,798.69.
- On Tuesday, May 26th, Rpd Fund Management Llc sold 15,828 shares of Domo stock. The stock was sold at an average price of $3.68, for a total transaction of $58,247.04.
- On Wednesday, May 20th, Rpd Fund Management Llc sold 20,870 shares of Domo stock. The stock was sold at an average price of $3.56, for a total transaction of $74,297.20.
- On Tuesday, May 19th, Rpd Fund Management Llc sold 32,955 shares of Domo stock. The stock was sold at an average price of $3.79, for a total transaction of $124,899.45.
- On Monday, May 18th, Rpd Fund Management Llc sold 16,628 shares of Domo stock. The stock was sold at an average price of $3.66, for a total transaction of $60,858.48.
- On Friday, May 15th, Rpd Fund Management Llc sold 22,683 shares of Domo stock. The stock was sold at an average price of $3.49, for a total transaction of $79,163.67.
- On Monday, April 13th, Rpd Fund Management Llc sold 1,100,900 shares of Domo stock. The stock was sold at an average price of $2.56, for a total transaction of $2,818,304.00.
Domo Price Performance
Domo stock opened at $3.41 on Friday. The firm has a fifty day moving average price of $3.49 and a two-hundred day moving average price of $5.70. Domo, Inc. has a fifty-two week low of $2.39 and a fifty-two week high of $18.49. The firm has a market cap of $153.96 million, a price-to-earnings ratio of -2.35 and a beta of 1.78.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the stock. Citigroup downgraded shares of Domo from an “outperform” rating to an “underperform” rating in a report on Friday, February 13th. Citizens Jmp restated an “underperform” rating and set a $3.50 price objective on shares of Domo in a report on Friday, February 13th. Stephens dropped their price objective on shares of Domo from $18.00 to $8.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Lake Street Capital dropped their price objective on shares of Domo from $13.00 to $7.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Finally, Weiss Ratings upgraded shares of Domo from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 28th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $6.92.
Read Our Latest Analysis on Domo
Institutional Trading of Domo
Large investors have recently added to or reduced their stakes in the company. Global Wealth Strategies & Associates bought a new stake in Domo during the fourth quarter worth about $28,000. Headlands Technologies LLC bought a new stake in Domo during the second quarter worth about $42,000. Rangeley Capital LLC bought a new stake in Domo during the first quarter worth about $80,000. Andina Capital Management LLC bought a new stake in Domo during the fourth quarter worth about $84,000. Finally, Oxford Asset Management LLP bought a new stake in Domo during the fourth quarter worth about $88,000. 76.64% of the stock is owned by institutional investors.
About Domo
Domo, Inc (NASDAQ: DOMO) is a cloud-based software company that specializes in business intelligence and data analytics. The company’s flagship product, the Domo Business Cloud, provides organizations with an end-to-end platform to integrate, visualize and analyze data from a wide array of sources. By unifying disparate data feeds into interactive dashboards and custom applications, Domo enables real-time insights that inform decision-making across all levels of an enterprise.
Founded in 2010 by Josh James, Domo is headquartered in American Fork, Utah, and operates offices across North America, Europe and Asia Pacific.
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