Traders Purchase Large Volume of Domo Call Options (NASDAQ:DOMO)

Domo, Inc. (NASDAQ:DOMO) saw some unusual options trading activity on Tuesday. Investors bought 15,236 call options on the stock. This represents an increase of approximately 2,115% compared to the average volume of 688 call options.

Domo Stock Down 2.4%

DOMO stock opened at $2.00 on Thursday. Domo has a 12-month low of $1.84 and a 12-month high of $18.49. The company has a market cap of $90.30 million, a price-to-earnings ratio of -1.50 and a beta of 1.78. The company has a 50 day moving average of $3.47 and a two-hundred day moving average of $5.19.

Domo (NASDAQ:DOMO) last released its earnings results on Monday, June 15th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). The company had revenue of $79.40 million during the quarter, compared to analysts’ expectations of $79.64 million. During the same quarter in the previous year, the company earned ($0.69) EPS. On average, research analysts anticipate that Domo will post -1.43 EPS for the current year.

Insider Activity at Domo

In other Domo news, insider Rpd Fund Management Llc sold 39,034 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $4.46, for a total value of $174,091.64. Following the sale, the insider owned 4,187,809 shares in the company, valued at approximately $18,677,628.14. This trade represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 1,350,626 shares of company stock valued at $3,785,484 in the last quarter. 13.25% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. RPD Fund Management LLC grew its position in Domo by 11,294.3% in the 4th quarter. RPD Fund Management LLC now owns 3,623,400 shares of the company’s stock worth $30,545,000 after purchasing an additional 3,591,600 shares during the last quarter. Capital Research Global Investors acquired a new stake in Domo in the 3rd quarter worth $43,560,000. Portolan Capital Management LLC grew its position in Domo by 142.3% in 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 during the last quarter. Captrust Financial Advisors acquired a new stake in Domo in the 4th quarter worth $8,108,000. Finally, First Trust Advisors LP acquired a new stake in Domo in the 3rd quarter worth $9,744,000. Institutional investors own 76.64% of the company’s stock.

Domo News Summary

Here are the key news stories impacting Domo this week:

• Positive Sentiment: Gross retention improved to 86.7%, suggesting Domo is keeping more existing customers even as growth remains challenged.
• Positive Sentiment: Management said strategic transaction talks are ongoing, and some reports noted a deal could be announced soon, which could provide a potential catalyst. Domo Issues Going Concern Warning, Says Deal Could Be Announced Soon
• Neutral Sentiment: DA Davidson reaffirmed a Neutral rating with a $3.50 target, while Stephens kept an Overweight rating and Cantor Fitzgerald maintained Overweight but cut its target to $5.00.
• Negative Sentiment: Domo missed Q1 revenue estimates, which reinforced investor concerns about slowing demand and weaker near-term growth. Domo (NASDAQ:DOMO) misses Q1 CY2026 revenue estimates, stock drops 10.5%
• Negative Sentiment: Several reports highlighted a going-concern warning, signaling the company may need to secure financing, a buyer, or another strategic solution to support operations. Domo Shares Plunge After Going Concern Warning
• Negative Sentiment: Analysts trimmed forecasts after the quarter, reflecting lower expectations for Domo’s near-term results.

Analyst Upgrades and Downgrades

DOMO has been the subject of a number of research reports. Cantor Fitzgerald reduced their target price on shares of Domo from $8.00 to $5.00 and set an “overweight” rating for the company in a report on Tuesday. Weiss Ratings cut shares of Domo from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday. Wall Street Zen cut shares of Domo from a “buy” rating to a “hold” rating in a report on Sunday, March 29th. Stephens restated an “overweight” rating on shares of Domo in a report on Tuesday. Finally, Lake Street Capital reduced their target price on shares of Domo from $13.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $4.83.

About Domo

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.