Domo (NASDAQ:DOMO) Insider Rpd Fund Management Llc Sells 15,828 Shares of Stock

Domo, Inc. (NASDAQ:DOMOGet Free Report) insider Rpd Fund Management Llc sold 15,828 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $3.68, for a total transaction of $58,247.04. Following the transaction, the insider owned 4,316,734 shares in the company, valued at approximately $15,885,581.12. The trade was a 0.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 shares were sold at an average price of $3.84, for a total value 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 value of $101,798.69.
  • 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 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 value of $74,297.20.
  • On Tuesday, May 19th, Rpd Fund Management Llc sold 32,955 shares of Domo stock. The shares were 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 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 Performance

DOMO stock opened at $3.75 on Thursday. The company has a market capitalization of $169.31 million, a P/E 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. The business has a 50-day simple moving average of $3.48 and a two-hundred day simple moving average of $5.78.

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

Key Domo News

Here are the key news stories impacting Domo this week:

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DOMO. Weiss Ratings raised Domo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 28th. DA Davidson decreased their price target on Domo from $10.00 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Citizens Jmp reaffirmed an “underperform” rating and set a $3.50 target price on shares of Domo in a research report on Friday, February 13th. Citigroup downgraded shares of Domo from an “outperform” rating to an “underperform” rating in a research report on Friday, February 13th. Finally, Cantor Fitzgerald cut their price objective on shares of Domo from $13.00 to $8.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $6.92.

Get Our Latest Research Report on Domo

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Global Wealth Strategies & Associates purchased a new position in Domo during the 4th quarter worth $28,000. Headlands Technologies LLC acquired a new stake in shares of Domo in the 2nd quarter worth $42,000. Rangeley Capital LLC acquired a new stake in shares of Domo in the 1st quarter worth $80,000. Andina Capital Management LLC acquired a new stake in shares of Domo in the 4th quarter worth $84,000. Finally, Oxford Asset Management LLP purchased a new position in shares of Domo in the 4th quarter valued at about $88,000. 76.64% of the stock is owned by hedge funds and other institutional investors.

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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