Domo, Inc. (NASDAQ:DOMO - Get Free Report) EVP Daren Thayne sold 22,500 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $9.04, for a total transaction of $203,400.00. Following the sale, the executive vice president now owns 343,758 shares in the company, valued at $3,107,572.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Daren Thayne also recently made the following trade(s):
- On Thursday, March 21st, Daren Thayne sold 41,218 shares of Domo stock. The stock was sold at an average price of $9.33, for a total transaction of $384,563.94.
Domo Price Performance
Shares of NASDAQ:DOMO opened at $8.84 on Friday. Domo, Inc. has a 52 week low of $7.78 and a 52 week high of $18.19. The company's 50 day moving average is $10.41 and its two-hundred day moving average is $9.77.
Domo (NASDAQ:DOMO - Get Free Report) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($0.50) EPS for the quarter, missing analysts' consensus estimates of ($0.45) by ($0.05). The business had revenue of $80.18 million for the quarter, compared to the consensus estimate of $79.46 million. As a group, research analysts forecast that Domo, Inc. will post -2 earnings per share for the current year.
Institutional Inflows and Outflows
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Hedge funds have recently modified their holdings of the stock. Lazard Asset Management LLC grew its position in shares of Domo by 90.1% in the 1st quarter. Lazard Asset Management LLC now owns 1,561 shares of the company's stock valued at $78,000 after buying an additional 740 shares during the last quarter. Penserra Capital Management LLC grew its position in shares of Domo by 50.0% in the 1st quarter. Penserra Capital Management LLC now owns 2,526 shares of the company's stock valued at $127,000 after buying an additional 842 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Domo by 161.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,624 shares of the company's stock worth $27,000 after purchasing an additional 1,622 shares during the last quarter. Advisor Group Holdings Inc. grew its position in Domo by 29.9% during the 1st quarter. Advisor Group Holdings Inc. now owns 3,625 shares of the company's stock worth $203,000 after purchasing an additional 835 shares during the last quarter. Finally, Comerica Bank purchased a new position in Domo during the 2nd quarter worth $600,000. 76.64% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, DA Davidson reissued a "neutral" rating and issued a $10.00 price objective on shares of Domo in a research report on Thursday, March 28th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $15.60.
View Our Latest Analysis on DOMO
About Domo
(
Get Free Report)
Domo, Inc 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 from smartphones.
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