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

Key Points

• Domo Director Daniel David Daniel III sold 273,900 shares at an average price of $15.26, totaling approximately $4.18 million on October 6th.
• Despite a slight decline in midday trading, Domo's market capitalization stands at $607.73 million, with a twelve-month high of $18.49 and a low of $6.01.
• Analysts have mixed ratings on Domo, with a consensus rating of Moderate Buy and a price target averaging $17.00; notable upgrades include TD Cowen raising its target from $13 to $21.

Domo, Inc. (NASDAQ:DOMO - Get Free Report) Director Daniel David Daniel III sold 273,900 shares of the firm's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $15.26, for a total transaction of $4,179,714.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Domo Stock Performance

DOMO traded down $0.21 during midday trading on Wednesday, hitting $14.74. The company had a trading volume of 606,360 shares, compared to its average volume of 578,402. The company has a market capitalization of $607.73 million, a PE ratio of -7.60 and a beta of 1.82. Domo, Inc. has a twelve month low of $6.01 and a twelve month high of $18.49. The firm's 50-day simple moving average is $15.64 and its 200-day simple moving average is $12.62.

Domo (NASDAQ:DOMO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.07. The company had revenue of $79.72 million during the quarter, compared to analyst estimates of $78.07 million. The company's revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.07) EPS. 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, sell-side analysts anticipate that Domo, Inc. will post -2.1 EPS for the current fiscal year.

Institutional Trading of Domo

Hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC grew its stake in shares of Domo by 53.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,838 shares of the company's stock worth $26,000 after acquiring an additional 642 shares in the last quarter. Headlands Technologies LLC bought a new stake in Domo during the 2nd quarter worth about $42,000. FNY Investment Advisers LLC bought a new stake in Domo during the 2nd quarter worth about $49,000. AlphaQuest LLC lifted its position in Domo by 707.3% during the 2nd quarter. AlphaQuest LLC now owns 6,604 shares of the company's stock worth $92,000 after buying an additional 5,786 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Domo during the 2nd quarter worth about $122,000. 76.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on DOMO shares. JMP Securities reaffirmed a "market outperform" rating and issued a $20.00 target price on shares of Domo in a research note on Wednesday, September 10th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Domo in a research note on Wednesday. TD Cowen raised shares of Domo from a "hold" rating to a "buy" rating and raised their target price for the company from $13.00 to $21.00 in a research note on Tuesday, August 26th. Wall Street Zen upgraded shares of Domo from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. Finally, Stephens started coverage on shares of Domo in a research report on Friday, July 18th. They issued an "overweight" rating and a $19.00 price target on the stock. One 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 given a Sell rating to the company. According to data from MarketBeat.com, Domo currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.00.

Domo Company Profile

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.

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