Domo (NASDAQ:DOMO) Director Sells $4,179,714.00 in Stock

Domo, Inc. (NASDAQ:DOMO) Director Daniel David Daniel III sold 273,900 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $15.26, for a total transaction of $4,179,714.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Domo Trading Down 7.3%

Shares of DOMO stock opened at $13.14 on Friday. Domo, Inc. has a 12-month low of $6.01 and a 12-month high of $18.49. The firm’s 50 day moving average is $15.50 and its 200 day moving average is $12.70. The stock has a market capitalization of $541.76 million, a P/E ratio of -6.77 and a beta of 1.82.

Domo (NASDAQ:DOMO) last issued its earnings results on Wednesday, August 27th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.07. The company had revenue of $79.72 million during the quarter, compared to analysts’ expectations of $78.07 million. During the same quarter in the prior year, the business posted ($0.07) EPS. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. Domo has set its FY 2026 guidance at -0.190–0.110 EPS. Q3 2026 guidance at -0.070–0.030 EPS. As a group, equities analysts predict that Domo, Inc. will post -2.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on DOMO shares. TD Cowen upgraded shares of Domo from a “hold” rating to a “buy” rating and increased their price target for the stock from $13.00 to $21.00 in a research report on Tuesday, August 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Domo in a research report on Wednesday. Lake Street Capital set a $16.00 price target on shares of Domo and gave the stock a “hold” rating in a research report on Thursday, August 28th. DA Davidson increased their price target on shares of Domo from $9.00 to $15.00 and gave the stock a “hold” rating in a research report on Thursday, August 28th. Finally, Cowen upgraded shares of Domo from a “hold” rating to a “buy” rating in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

Institutional Trading of Domo

Institutional investors and hedge funds have recently modified their holdings of the company. Rockwood Wealth Management LLC raised its position in shares of Domo by 122.6% during the 2nd quarter. Rockwood Wealth Management LLC now owns 46,719 shares of the company’s stock valued at $653,000 after purchasing an additional 25,735 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Domo by 22.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,680 shares of the company’s stock valued at $1,340,000 after purchasing an additional 31,740 shares during the period. Squarepoint Ops LLC bought a new stake in shares of Domo during the 4th quarter valued at $127,000. Rhumbline Advisers increased its holdings in Domo by 5.0% in the 1st quarter. Rhumbline Advisers now owns 49,557 shares of the company’s stock valued at $385,000 after acquiring an additional 2,369 shares during the last quarter. Finally, GSA Capital Partners LLP increased its holdings in Domo by 60.4% in the 1st quarter. GSA Capital Partners LLP now owns 73,831 shares of the company’s stock valued at $573,000 after acquiring an additional 27,811 shares during the last quarter. 76.64% of the stock is currently owned by institutional investors.

Domo Company Profile

Domo, Inc, together with its subsidiaries, operates a cloud-based business intelligence platform in North America, Western Europe, Canada, Australia, and Japan. Its platform digitally connects from the chief executive officer to the frontline employee with the various people, data, and systems in an organization, as well as giving them access to real-time data and insights, and allowing them to manage business via various browsers and visualization engines accessible across laptops, TV screens, monitors, tablets, and smartphones.