Domo, Inc. (NASDAQ:DOMO – Get Free Report) insider Rpd Fund Management Llc sold 38,583 shares of Domo stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $4.12, for a total transaction of $158,961.96. Following the sale, the insider directly owned 4,226,843 shares of the company’s stock, valued at $17,414,593.16. This represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 value of $174,091.64.
- 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 shares were 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 shares were 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 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 value of $60,858.48.
- On Friday, May 15th, Rpd Fund Management Llc sold 22,683 shares of Domo stock. The shares were 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 shares were sold at an average price of $2.56, for a total value of $2,818,304.00.
Domo Stock Down 11.9%
Shares of NASDAQ DOMO opened at $3.41 on Friday. Domo, Inc. has a 52 week low of $2.39 and a 52 week high of $18.49. The business’s 50 day moving average price is $3.49 and its 200 day moving average price is $5.70. The firm has a market cap of $153.96 million, a P/E ratio of -2.35 and a beta of 1.78.
Hedge Funds Weigh In On Domo
A number of institutional investors and hedge funds have recently modified their holdings of DOMO. Global Wealth Strategies & Associates acquired a new position in shares of Domo in the 4th quarter valued at $28,000. Headlands Technologies LLC purchased a new stake in shares of Domo in the second quarter valued at about $42,000. Rangeley Capital LLC acquired a new position in Domo during the 1st quarter worth approximately $80,000. Andina Capital Management LLC acquired a new stake in Domo in the fourth quarter valued at $84,000. Finally, Oxford Asset Management LLP acquired a new stake in shares of Domo in the fourth quarter valued at about $88,000. Institutional investors and hedge funds own 76.64% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the company. Wall Street Zen cut Domo from a “buy” rating to a “hold” rating in a research report on Sunday, March 29th. Weiss Ratings raised shares of Domo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 28th. DA Davidson lowered their price objective on Domo from $10.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. Citizens Jmp reiterated an “underperform” rating and issued a $3.50 target price on shares of Domo in a report on Friday, February 13th. Finally, Stephens cut their price objective on Domo from $18.00 to $8.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $6.92.
Check Out Our Latest Report on DOMO
Domo Company Profile
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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