Domo Inc (NASDAQ: DOMO) is 15.54% higher on its value in year-to-date trading and has touched a low of $6.11 and a high of $11.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DOMO stock was last observed hovering at around $7.05 in the last trading session, with the day’s gains setting it 1.13%.
Currently trading at $8.18, the stock is -0.04% and 4.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing 16.03% at the moment leaves the stock 5.65% off its SMA200. DOMO registered -26.44% loss for a year compared to 6-month gain of 6.79%.
The stock witnessed a -6.25% loss in the last 1 month and extending the period to 3 months gives it a -15.41%, and is 7.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.07% over the week and 5.48% over the month.
Domo Inc (DOMO) has around 958 employees, a market worth around $319.90M and $317.04M in sales. Profit margin for the company is -25.84%. Distance from 52-week low is 33.88% and -31.09% from its 52-week high.
with sales reaching $78.04M over the same period.The EPS is expected to grow by 26.65% this year, but quarterly earnings will post -1.17% year-over-year. Quarterly sales are estimated to shrink -2.58% in year-over-year returns.
Domo Inc (DOMO) Top Institutional Holders
The shares outstanding are 39.11M, and float is at 32.36M with Short Float at 4.99%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.01 million shares valued at $38.67 million. The investor’s holdings represent 13.3635% of the DOMO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.27 million shares valued at $25.27 million to account for 8.734 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 2.38 million shares representing 6.2004% and valued at over $18.38 million, while ACADIAN ASSET MANAGEMENT LLC holds 3.3903 of the shares totaling 1.3 million with a market value of $10.04 million.
Domo Inc (DOMO) Insider Activity
The most recent transaction is an insider purchase by Jolley David R, the company’s Chief Financial Officer. SEC filings show that Jolley David R bought 10,000 shares of the company’s common stock on Sep 06 ’24 at a price of $6.99 per share for a total of $69875.0. Following the purchase, the insider now owns 0.29 million shares.
Domo Inc disclosed in a document filed with the SEC on Jun 21 ’24 that Thayne Daren (CTO & EVP of Product) sold a total of 7,095 shares of the company’s common stock. The trade occurred on Jun 21 ’24 and was made at $6.85 per share for $48601.0. Following the transaction, the insider now directly holds 0.41 million shares of the DOMO stock.
Still, SEC filings show that on Jun 20 ’24, Daniel Daniel David III (Director) acquired 150,000 shares at an average price of $6.87 for $1.03 million. The insider now directly holds 561,400 shares of Domo Inc (DOMO).
