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

Domo, Inc. (NASDAQ:DOMO) Director Daniel David Daniel III sold 273,900 shares of Domo stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $15.26, for a total value of $4,179,714.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Domo Trading Down 3.8%

Shares of DOMO stock opened at $14.18 on Friday. The business’s 50 day moving average is $15.56 and its two-hundred day moving average is $12.67. Domo, Inc. has a twelve month low of $6.01 and a twelve month high of $18.49. The company has a market capitalization of $584.66 million, a P/E ratio of -7.31 and a beta of 1.82.

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on DOMO shares. Stephens initiated coverage on Domo in a research note on Friday, July 18th. They set an “overweight” rating and a $19.00 price target for the company. DA Davidson increased their price target on Domo from $9.00 to $15.00 and gave the company a “hold” rating in a report on Thursday, August 28th. JMP Securities reaffirmed a “market outperform” rating and set a $20.00 target price on shares of Domo in a report on Wednesday, September 10th. TD Cowen upgraded Domo from a “hold” rating to a “buy” rating and upped their price objective for the stock from $13.00 to $21.00 in a research note on Tuesday, August 26th. Finally, Cantor Fitzgerald upped their price objective on Domo from $17.00 to $20.00 and gave the stock an “overweight” rating in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Domo currently has an average rating of “Moderate Buy” and a consensus target price of $17.00.

Institutional Trading of Domo

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Rockwood Wealth Management LLC increased its stake in shares of Domo by 122.6% in the second quarter. Rockwood Wealth Management LLC now owns 46,719 shares of the company’s stock worth $653,000 after purchasing an additional 25,735 shares during the period. Goldman Sachs Group Inc. grew its position in Domo by 22.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,680 shares of the company’s stock worth $1,340,000 after acquiring an additional 31,740 shares during the last quarter. Squarepoint Ops LLC bought a new stake in Domo during the 4th quarter worth approximately $127,000. Rhumbline Advisers lifted its holdings in Domo by 5.0% during the 1st quarter. Rhumbline Advisers now owns 49,557 shares of the company’s stock worth $385,000 after buying an additional 2,369 shares in the last quarter. Finally, GSA Capital Partners LLP lifted its stake in shares of Domo by 60.4% in the 1st quarter. GSA Capital Partners LLP now owns 73,831 shares of the company’s stock valued at $573,000 after purchasing an additional 27,811 shares during the period. Institutional investors and hedge funds own 76.64% of the company’s stock.

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.