Domo (NASDAQ:DOMO) Insider Rpd Fund Management Llc Sells 27,439 Shares of Stock

Domo, Inc. (NASDAQ:DOMOGet Free Report) insider Rpd Fund Management Llc sold 27,439 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $3.71, for a total value of $101,798.69. Following the transaction, the insider owned 4,289,295 shares of the company’s stock, valued at $15,913,284.45. This represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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 value 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 value 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 value of $91,656.96.
  • 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 value of $58,247.04.
  • On Friday, May 22nd, Rpd Fund Management Llc sold 11,837 shares of Domo stock. The stock was sold at an average price of $3.65, for a total value of $43,205.05.
  • 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 value 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 value 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 value 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 value 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 value of $2,818,304.00.

Domo Stock Performance

Shares of DOMO stock opened at $3.75 on Thursday. The stock’s fifty day moving average is $3.48 and its 200-day moving average is $5.78. The stock has a market capitalization of $169.31 million, a PE ratio of -2.59 and a beta of 1.78. Domo, Inc. has a 52 week low of $2.39 and a 52 week high of $18.49.

Domo (NASDAQ:DOMOGet Free Report) last announced its earnings results on Tuesday, March 10th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.16). The firm had revenue of $79.63 million during the quarter, compared to the consensus estimate of $78.65 million. The company’s revenue was up 1% on a year-over-year basis. As a group, analysts forecast that Domo, Inc. will post -1.43 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on DOMO. Citigroup cut Domo from an “outperform” rating to an “underperform” rating in a report on Friday, February 13th. Cantor Fitzgerald decreased their price target on Domo from $13.00 to $8.00 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. DA Davidson decreased their price target on Domo from $10.00 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Wall Street Zen cut Domo from a “buy” rating to a “hold” rating in a report on Sunday, March 29th. Finally, TD Cowen reduced their target price on Domo from $16.00 to $9.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Domo presently has a consensus rating of “Hold” and a consensus price target of $6.92.

Check Out Our Latest Research Report on Domo

Domo News Summary

Here are the key news stories impacting Domo this week:

Hedge Funds Weigh In On Domo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. RPD Fund Management LLC boosted its holdings in Domo by 27.3% during the first quarter. RPD Fund Management LLC now owns 4,613,726 shares of the company’s stock worth $14,118,000 after buying an additional 990,326 shares during the last quarter. Capital Research Global Investors raised its position in shares of Domo by 8.2% during the fourth quarter. Capital Research Global Investors now owns 2,975,558 shares of the company’s stock worth $25,084,000 after purchasing an additional 225,558 shares during the period. Portolan Capital Management LLC raised its position in shares of Domo by 142.3% during the third quarter. Portolan Capital Management LLC now owns 2,684,753 shares of the company’s stock worth $42,526,000 after purchasing an additional 1,576,884 shares during the period. AIGH Capital Management LLC raised its position in shares of Domo by 37.0% during the fourth quarter. AIGH Capital Management LLC now owns 1,837,762 shares of the company’s stock worth $15,492,000 after purchasing an additional 496,244 shares during the period. Finally, State Street Corp raised its position in shares of Domo by 33.9% during the fourth quarter. State Street Corp now owns 1,285,753 shares of the company’s stock worth $10,839,000 after purchasing an additional 325,239 shares during the period. Institutional investors own 76.64% of the company’s stock.

About Domo

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Domo (NASDAQ:DOMO)

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