Domo (NASDAQ:DOMO) Director Daniel David Daniel III Sells 273,900 Shares of Stock

Domo, Inc. (NASDAQ:DOMO) Director Daniel David Daniel III sold 273,900 shares of the 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Domo Stock Performance

NASDAQ:DOMO opened at $14.74 on Thursday. The stock has a market capitalization of $607.73 million, a P/E ratio of -7.60 and a beta of 1.82. The company has a 50 day moving average price of $15.60 and a 200 day moving average price of $12.64. Domo, Inc. has a fifty-two week low of $6.01 and a fifty-two week high of $18.49.

Domo (NASDAQ:DOMO) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. The company had revenue of $79.72 million for the quarter, compared to analysts’ expectations of $78.07 million. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.07) EPS. Domo has set its FY 2026 guidance at -0.190–0.110 EPS. Q3 2026 guidance at -0.070–0.030 EPS. Research analysts forecast that Domo, Inc. will post -2.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DOMO. JMP Securities reiterated a “market outperform” rating and set a $20.00 target price on shares of Domo in a report on Wednesday, September 10th. DA Davidson increased their target price on shares of Domo from $9.00 to $15.00 and gave the stock a “hold” rating in a report on Thursday, August 28th. Lake Street Capital set a $16.00 target price on shares of Domo and gave the stock a “hold” rating in a report on Thursday, August 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Domo in a report on Wednesday. Finally, Citigroup reiterated an “outperform” rating on shares of Domo in a report on Wednesday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Domo presently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

Institutional Investors Weigh In On Domo

A number of hedge funds and other institutional investors have recently modified their holdings of DOMO. Squarepoint Ops LLC acquired a new stake in shares of Domo in the 4th quarter valued at $127,000. Rhumbline Advisers grew its position in shares of 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 buying an additional 2,369 shares during the last quarter. Diversify Wealth Management LLC grew its position in shares of Domo by 13.2% in the 1st quarter. Diversify Wealth Management LLC now owns 23,197 shares of the company’s stock valued at $176,000 after buying an additional 2,705 shares during the last quarter. AIGH Capital Management LLC purchased a new position in shares of Domo in the 1st quarter valued at $5,832,000. Finally, Mackenzie Financial Corp grew its position in shares of Domo by 63.5% in the 1st quarter. Mackenzie Financial Corp now owns 124,433 shares of the company’s stock valued at $966,000 after buying an additional 48,316 shares during the last quarter. 76.64% of the stock is currently owned by institutional investors and hedge funds.

About Domo

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.