Rpd Fund Management Llc Sells 11,837 Shares of Domo (NASDAQ:DOMO) Stock

Domo, Inc. (NASDAQ:DOMOGet Free Report) insider Rpd Fund Management Llc sold 11,837 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $3.65, for a total value of $43,205.05. Following the completion of the transaction, the insider directly owned 4,332,562 shares of the company’s stock, valued at approximately $15,813,851.30. This trade represents a 0.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 stock was 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 shares were sold at an average price of $3.71, for a total value 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 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 shares were 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 stock was sold at an average price of $3.49, for a total value 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 value of $2,818,304.00.

Domo Stock Up 3.2%

NASDAQ:DOMO opened at $3.87 on Friday. Domo, Inc. has a 12-month low of $2.39 and a 12-month high of $18.49. The firm has a market capitalization of $174.72 million, a P/E ratio of -2.67 and a beta of 1.78. The stock’s fifty day simple moving average is $3.49 and its 200-day simple moving average is $5.72.

Domo (NASDAQ:DOMOGet Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.16). The firm had revenue of $79.63 million during the quarter, compared to analyst estimates of $78.65 million. The business’s revenue for the quarter was up 1% compared to the same quarter last year. As a group, equities research analysts expect that Domo, Inc. will post -1.43 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Global Wealth Strategies & Associates acquired a new position in Domo in the fourth quarter valued at about $28,000. Headlands Technologies LLC acquired a new position in Domo in the second quarter valued at about $42,000. Rangeley Capital LLC acquired a new position in Domo in the first quarter valued at about $80,000. Andina Capital Management LLC acquired a new position in Domo in the fourth quarter valued at about $84,000. Finally, Oxford Asset Management LLP acquired a new position in Domo in the fourth quarter valued at about $88,000. 76.64% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Domo

Here are the key news stories impacting Domo this week:

Analyst Ratings Changes

Several research firms have recently issued reports on DOMO. Weiss Ratings upgraded Domo from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 28th. TD Cowen reduced their price target on Domo from $16.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. DA Davidson reduced their price target on Domo from $10.00 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. Wall Street Zen lowered Domo from a “buy” rating to a “hold” rating in a research report on Sunday, March 29th. Finally, Cantor Fitzgerald reduced their price target on Domo from $13.00 to $8.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 11th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Domo currently has a consensus rating of “Hold” and an average target price of $6.92.

Get Our Latest Report on Domo

Domo Company Profile

(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.

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Insider Buying and Selling by Quarter for Domo (NASDAQ:DOMO)

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