Domo, Inc. (NASDAQ:DOMO – Get Free Report) EVP Daren Thayne sold 52,365 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $2.38, for a total value of $124,628.70. Following the sale, the executive vice president owned 498,051 shares in the company, valued at $1,185,361.38. The trade was a 9.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Domo Price Performance
NASDAQ:DOMO opened at $2.75 on Thursday. Domo, Inc. has a 12-month low of $1.84 and a 12-month high of $18.49. The firm has a market capitalization of $124.16 million, a P/E ratio of -2.07 and a beta of 1.78. The business has a 50 day simple moving average of $3.45 and a 200 day simple moving average of $4.87.
Domo (NASDAQ:DOMO – Get Free Report) last issued its quarterly earnings data on Monday, June 15th. The company reported ($0.02) EPS for the quarter, hitting analysts’ consensus estimates of ($0.02). The company had revenue of $79.40 million for the quarter, compared to the consensus estimate of $79.64 million. During the same quarter in the previous year, the company earned ($0.69) earnings per share. Research analysts anticipate that Domo, Inc. will post -1.42 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on Domo
Hedge Funds Weigh In On Domo
Several large investors have recently bought and sold shares of the stock. Headlands Technologies LLC bought a new stake in shares of Domo during the 2nd quarter worth about $42,000. Global Wealth Strategies & Associates acquired a new position in shares of Domo during the fourth quarter valued at approximately $28,000. Raymond James Financial Inc. acquired a new position in shares of Domo during the second quarter valued at approximately $122,000. Andina Capital Management LLC bought a new stake in Domo during the fourth quarter worth approximately $84,000. Finally, Oxford Asset Management LLP acquired a new stake in Domo in the fourth quarter worth approximately $88,000. Institutional investors and hedge funds own 76.64% of the company’s stock.
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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