Domo (NASDAQ:DOMO) Insider Sells $60,858.48 in Stock

Domo, Inc. (NASDAQ:DOMO) insider Rpd Fund Management Llc sold 16,628 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $3.66, for a total transaction of $60,858.48. Following the completion of the sale, the insider owned 4,398,224 shares in the company, valued at approximately $16,097,499.84. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 shares were 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 shares were 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 shares were 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 shares were 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 transaction 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 transaction of $43,205.05.
• On Wednesday, May 20th, Rpd Fund Management Llc sold 20,870 shares of Domo stock. The shares were 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 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

Shares of NASDAQ:DOMO opened at $3.41 on Friday. The firm has a market capitalization of $153.96 million, a PE ratio of -2.35 and a beta of 1.78. The firm’s 50-day moving average is $3.49 and its two-hundred day moving average is $5.70. Domo, Inc. has a 1 year low of $2.39 and a 1 year high of $18.49.

Domo (NASDAQ:DOMO) last issued its quarterly earnings results on Tuesday, March 10th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.16). The business had revenue of $79.63 million for the quarter, compared to the consensus estimate of $78.65 million. The business’s revenue for the quarter was up 1% compared to the same quarter last year. Analysts expect that Domo, Inc. will post -1.43 EPS for the current fiscal year.

Institutional Trading of Domo

A number of large investors have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of Domo by 41.1% during the first quarter. Bank of America Corp DE now owns 55,048 shares of the company’s stock worth $168,000 after buying an additional 16,029 shares during the period. Quantinno Capital Management LP increased its stake in shares of Domo by 362.4% during the first quarter. Quantinno Capital Management LP now owns 61,535 shares of the company’s stock worth $188,000 after buying an additional 48,226 shares during the period. RPD Fund Management LLC increased its stake in shares of 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 period. Rangeley Capital LLC purchased a new stake in shares of Domo during the first quarter worth approximately $80,000. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Domo by 316.7% during the first quarter. Public Employees Retirement System of Ohio now owns 45,420 shares of the company’s stock worth $139,000 after buying an additional 34,520 shares during the period. 76.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DOMO. Wall Street Zen lowered shares of Domo from a “buy” rating to a “hold” rating in a research note on Sunday, March 29th. Weiss Ratings upgraded shares of Domo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 28th. Citigroup lowered shares of Domo from an “outperform” rating to an “underperform” rating in a research note on Friday, February 13th. Citizens Jmp reiterated an “underperform” rating and set a $3.50 price target on shares of Domo in a research note on Friday, February 13th. Finally, TD Cowen cut their price target on shares of Domo from $16.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $6.92.

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.