6 days Ago By Defense World Staff
Renaissance Technologies LLC cut its position in Domo, Inc. (NASDAQ:DOMO – Free Report) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC.
The firm owned 200,980 shares of the company’s stock after selling 21,655 shares during the period. Renaissance Technologies LLC owned approximately 0.51% of Domo worth $1,423,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Barclays PLC increased its holdings in Domo by 56.8% in the 3rd quarter.
Barclays PLC now owns 79,611 shares of the company’s stock worth $598,000 after buying an additional 28,838 shares during the period. Geode Capital Management LLC increased its stake in shares of Domo by 0.5% in the third quarter.
Geode Capital Management LLC now owns 759,353 shares of the company’s stock worth $5,704,000 after acquiring an additional 4,091 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Domo by 2.
4% during the third quarter. JPMorgan Chase & Co. now owns 524,105 shares of the company’s stock worth $3,936,000 after purchasing an additional 12,494 shares during the last quarter.
SG Americas Securities LLC boosted its holdings in Domo by 19.1% in the fourth quarter. SG Americas Securities LLC now owns 13,987 shares of the company’s stock valued at $99,000 after purchasing an additional 2,247 shares during the last quarter.
Finally, R Squared Ltd purchased a new stake in Domo in the fourth quarter valued at $56,000. 76.64% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at DomoIn related news, Director Daniel David Daniel III acquired 120,000 shares of the stock in a transaction on Friday, April 4th. The shares were bought at an average price of $6.44 per share, with a total value of $772,800.
00. Following the completion of the purchase, the director now owns 781,400 shares of the company’s stock, valued at approximately $5,032,216. This represents a 18.
14 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David R.
Jolley sold 25,000 shares of Domo stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $8.31, for a total value of $207,750.
00. Following the transaction, the director now owns 255,743 shares in the company, valued at approximately $2,125,224.33.
This represents a 8.90 % decrease in their position. The disclosure for this sale can be found here.
Insiders own 14.04% of the company’s stock. Domo Stock Up 1.
1 %DOMO opened at $7.58 on Tuesday. The company has a market cap of $302.
75 million, a PE ratio of -3.46 and a beta of 2.28.
Domo, Inc. has a twelve month low of $6.01 and a twelve month high of $10.
15. The company has a 50-day moving average price of $7.84 and a 200 day moving average price of $8.
00. Domo (NASDAQ:DOMO – Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported ($0.
44) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.26).
The business had revenue of $78.77 million during the quarter, compared to analyst estimates of $77.95 million.
As a group, sell-side analysts expect that Domo, Inc. will post -2.1 earnings per share for the current year.
Analyst Upgrades and DowngradesDOMO has been the subject of a number of analyst reports. DA Davidson raised Domo to a “hold” rating in a report on Monday, March 10th. Lake Street Capital lowered their price target on shares of Domo from $9.
50 to $8.50 and set a “hold” rating on the stock in a report on Friday, March 7th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $11.
00 price objective on shares of Domo in a report on Thursday, March 20th. Morgan Stanley lowered their target price on shares of Domo from $9.00 to $8.
00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Finally, Cowen restated a “hold” rating on shares of Domo in a research note on Friday, March 7th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.
According to data from MarketBeat, Domo currently has a consensus rating of “Hold” and an average price target of $10.25.Get Our Latest Stock Analysis on DOMODomo Profile (Free Report)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.Featured StoriesFive stocks we like better than DomoWhat is the Nikkei 225 index? Best Defense Stocks in 2025..
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