Domo, Inc. $DOMO Shares Purchased by Rockwood Wealth Management LLC

Key Points

• Rockwood Wealth Management LLC increased its stake in Domo, Inc. by 122.6%, purchasing an additional 25,735 shares during the second quarter.
• Domo reported a quarterly earnings per share (EPS) of $0.02, exceeding estimates and showing a 1.7% increase in revenue compared to the same quarter last year.
• Institutional investors own approximately 76.64% of Domo’s stock, indicating strong interest from major financial entities.

Rockwood Wealth Management LLC lifted its stake in Domo, Inc. (NASDAQ:DOMO - Free Report) by 122.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,719 shares of the company's stock after purchasing an additional 25,735 shares during the quarter. Rockwood Wealth Management LLC owned about 0.12% of Domo worth $653,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Squarepoint Ops LLC purchased a new position in Domo during the 4th quarter valued at $127,000. Goldman Sachs Group Inc. boosted its holdings in Domo by 22.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,680 shares of the company's stock valued at $1,340,000 after acquiring an additional 31,740 shares during the period. GSA Capital Partners LLP boosted its holdings in Domo by 60.4% during the 1st quarter. GSA Capital Partners LLP now owns 73,831 shares of the company's stock valued at $573,000 after acquiring an additional 27,811 shares during the period. Rhumbline Advisers boosted its holdings in Domo by 5.0% during the 1st quarter. Rhumbline Advisers now owns 49,557 shares of the company's stock valued at $385,000 after acquiring an additional 2,369 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Domo by 7.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 273,863 shares of the company's stock valued at $2,125,000 after acquiring an additional 19,253 shares during the period. Hedge funds and other institutional investors own 76.64% of the company's stock.

Domo Trading Down 2.1%

DOMO traded down $0.38 during trading on Tuesday, hitting $17.83. The company's stock had a trading volume of 238,339 shares, compared to its average volume of 569,123. Domo, Inc. has a twelve month low of $6.01 and a twelve month high of $18.49. The business's fifty day simple moving average is $15.56 and its 200 day simple moving average is $12.08. The firm has a market capitalization of $734.92 million, a price-to-earnings ratio of -9.16 and a beta of 1.80.

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on DOMO shares. Cantor Fitzgerald boosted their price objective on Domo from $17.00 to $20.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. DA Davidson upped their target price on Domo from $9.00 to $15.00 and gave the stock a "hold" rating in a report on Thursday, August 28th. Stephens assumed coverage on Domo in a report on Friday, July 18th. They issued an "overweight" rating and a $19.00 target price for the company. Citigroup reiterated an "outperform" rating on shares of Domo in a report on Wednesday, June 25th. Finally, Lake Street Capital set a $16.00 target price on Domo and gave the stock a "hold" rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $17.00.

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.