Rpd Fund Management Llc Sells 39,034 Shares of Domo (NASDAQ:DOMO) Stock

Domo, Inc. (NASDAQ:DOMOGet Free Report) insider Rpd Fund Management Llc sold 39,034 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $4.46, for a total transaction of $174,091.64. Following the completion of the sale, the insider owned 4,187,809 shares in the company, valued at $18,677,628.14. This represents a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Rpd Fund Management Llc also recently made the following trade(s):

  • 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 transaction of $158,961.96.
  • On Thursday, May 28th, Rpd Fund Management Llc sold 23,869 shares of Domo stock. The shares were sold at an average price of $3.84, for a total transaction 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 transaction 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 transaction of $58,247.04.
  • On Friday, May 22nd, Rpd Fund Management Llc sold 11,837 shares of Domo stock. The shares were sold at an average price of $3.65, for a total transaction of $43,205.05.
  • 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 transaction 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 transaction 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 transaction of $60,858.48.
  • On Friday, May 15th, Rpd Fund Management Llc sold 22,683 shares of Domo stock. The shares were sold at an average price of $3.49, for a total transaction of $79,163.67.
  • On Monday, April 13th, Rpd Fund Management Llc sold 1,100,900 shares of Domo stock. The shares were sold at an average price of $2.56, for a total transaction of $2,818,304.00.

Domo Trading Up 3.2%

Shares of DOMO stock opened at $3.87 on Friday. The firm has a 50-day moving average price of $3.49 and a 200 day moving average price of $5.72. Domo, Inc. has a twelve month low of $2.39 and a twelve month high of $18.49. The company has a market capitalization of $174.72 million, a price-to-earnings ratio of -2.67 and a beta of 1.78.

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

Wall Street Analysts Forecast Growth

DOMO has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of Domo from a “buy” rating to a “hold” rating in a research note on Sunday, March 29th. Lake Street Capital cut their price objective on shares of Domo from $13.00 to $7.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Citizens Jmp reiterated an “underperform” rating and set a $3.50 price objective on shares of Domo in a report on Friday, February 13th. DA Davidson cut their price objective on shares of Domo from $10.00 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Finally, Cantor Fitzgerald cut their price objective on shares of Domo from $13.00 to $8.00 and set an “overweight” rating on the stock in a report on Wednesday, March 11th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $6.92.

Get Our Latest Analysis on DOMO

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. RPD Fund Management LLC lifted its holdings in shares of Domo by 27.3% during the 1st quarter. RPD Fund Management LLC now owns 4,613,726 shares of the company’s stock worth $14,118,000 after acquiring an additional 990,326 shares during the period. Capital Research Global Investors increased its position in Domo by 8.2% during the 4th quarter. Capital Research Global Investors now owns 2,975,558 shares of the company’s stock worth $25,084,000 after purchasing an additional 225,558 shares in the last quarter. Portolan Capital Management LLC increased its position in Domo by 142.3% during the 3rd quarter. Portolan Capital Management LLC now owns 2,684,753 shares of the company’s stock worth $42,526,000 after purchasing an additional 1,576,884 shares in the last quarter. AIGH Capital Management LLC increased its position in Domo by 37.0% during the 4th quarter. AIGH Capital Management LLC now owns 1,837,762 shares of the company’s stock worth $15,492,000 after purchasing an additional 496,244 shares in the last quarter. Finally, State Street Corp increased its position in Domo by 33.9% during the 4th quarter. State Street Corp now owns 1,285,753 shares of the company’s stock worth $10,839,000 after purchasing an additional 325,239 shares in the last quarter. 76.64% of the stock is currently owned by hedge funds and other institutional investors.

Domo News Roundup

Here are the key news stories impacting Domo this week:

About Domo

(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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