KD Logo

DOMO (Domo Inc) may reap gains as insiders became active recently

Domo Inc’s filing revealed that its Director Daniel Daniel David III acquired Company’s shares for reported $0.77 million on Apr 04 ’25. In the deal valued at $6.44 per share,120,000 shares were bought. As a result of this transaction, Daniel Daniel David III now holds 781,400 shares worth roughly $5.19 million.

Then, James Joshua G bought 77,300 shares, generating $502,172 in total proceeds. Upon buying the shares at $6.50, the Founder and CEO now owns 116,600 shares.

Before that, Jolley David R sold 25,000 shares. Domo Inc shares valued at $207,855 were divested by the Director at a price of $8.31 per share. As a result of the transaction, Jolley David R now holds 255,743 shares, worth roughly $1.7 million.

A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid February with a ‘”an Overweight”‘ rating. Lake Street also remained covering DOMO and has decreased its forecast on May 24, 2024 with a “Hold” recommendation from previously “Buy” rating. DA Davidson started covering the stock on September 22, 2023. It rated DOMO as “a Neutral”.

Price Performance Review of DOMO

On Friday, Domo Inc [NASDAQ:DOMO] saw its stock fall -7.26% to $6.64. Over the last five days, the stock has lost -16.58%. Domo Inc shares have fallen nearly -6.21% since the year began. Nevertheless, the stocks have fallen -25.73% over the past one year. While a 52-week high of $10.15 was reached on 02/04/25, a 52-week low of $6.11 was recorded on 04/04/25. SMA at 50 days reached $8.22, while 200 days put it at $7.87.

Levels Of Support And Resistance For DOMO Stock

The 24-hour chart illustrates a support level at 6.10, which if violated will result in even more drops to 5.56. On the upside, there is a resistance level at 7.09. A further resistance level may holdings at 7.54. The Relative Strength Index (RSI) on the 14-day chart is 32.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.03%. Stochastics %K at 20.05% indicates the stock is a holding.

How much short interest is there in Domo Inc?

A steep rise in short interest was recorded in Domo Inc stocks on 2025-03-14, dropping by -0.21 million shares to a total of 1.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.62 million shares. There was a decline of -15.23%, which implies that there is a negative sentiment for the stock.

Most Popular