Domo CEO Joshua James Buys More Shares
Domo's CEO, Joshua James, purchased 245,269 shares of the company.
Key Points
- On June 19, 2026, Domo's CEO Joshua James bought 245,269 shares of the company, reflecting his confidence in its prospects.
- Domo, Inc. has a market cap of approximately $103.8 million and trades with a forward P/E ratio of 21.3.
- Institutional investors like RPD Fund Management and BlackRock have also increased their stakes in Domo recently.
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Joshua James, the Founder and CEO of Domo, Inc. (NASDAQ:DOMO), made a significant purchase of 245,269 shares on June 19, 2026. This move demonstrates his ongoing commitment to the company, as he continues to hold a substantial stake in the business.
What Changed in Joshua James's Domo Position
James's transaction on June 19, 2026, added 245,269 shares to his holdings in Domo. This insider buy aligns with his role as a key leader at the company, reinforcing his belief in Domo's potential.
Other Institutional Activity in Domo
Several institutional investors have also adjusted their positions in Domo. RPD Fund Management LLC increased its holdings by 990,326 shares, ending with 4,613,726 shares valued at about $14.1 million, marking a 27.3% increase. BlackRock, Inc. added 338,558 shares, bringing its total to 3,512,062 shares worth approximately $10.7 million, reflecting a 10.7% increase. Vanguard Portfolio Management LLC opened a new position with 3,222,739 shares valued at around $9.9 million. Meanwhile, Goldman Sachs Group Inc. significantly increased its stake by 887,770 shares, totaling 1,572,135 shares valued at $4.8 million, a 129.7% increase.
Domo, Inc. Stock Down 42.0%
Shares of Domo, Inc. traded near $2.30 on Wednesday. The company has a market capitalization of about $103.8 million and a forward P/E ratio of 21.3. Domo's stock has seen a 52-week low of $1.84 and a high of $18.49. The 50-day moving average is $3.49, while the 200-day moving average is $7.89. The company's beta is 1.77, indicating higher volatility compared to the market.
$DOMO stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Domo reported revenue of approximately $318.1 million, with a slight revenue decline of 0.9%. The company is not currently profitable, with a net margin of -17.4%. Domo's next earnings report is scheduled for August 26, 2026.
Insider Buying and Selling at Domo, Inc.
In addition to Joshua James, other insiders were active on June 19, 2026. CTO & EVP of Product Thayne Daren purchased 140,121 shares, and CFO Tod Crane bought 122,634 shares. These transactions were not part of any pre-arranged trading plan, suggesting a strong belief in the company's future.
Analysts Set New Price Targets
On June 16, 2026, TD Cowen downgraded Domo to a hold rating with a $3.25 price target. DA Davidson maintained a hold rating with a $3.50 target, while Stephens & Co. reiterated a buy rating with an $8.00 target. Cantor Fitzgerald maintained its buy rating with a $5.00 target, and Citizens maintained a sell rating with a $2.25 target. The consensus among analysts is a buy recommendation, with an average price target of $4.33.
About Domo, Inc.
Domo, Inc. operates a cloud-based platform that connects people and data within an organization, enabling real-time insights and data-driven decision-making. Headquartered in American Fork, Utah, Domo serves various industries, including financial services, healthcare, and technology. Founded in 2010, the company is led by CEO Joshua G. James and employs approximately 876 people.
Bottom Line
Joshua James's recent purchase of Domo shares underscores his confidence in the company's future. With several institutional investors also increasing their stakes, there's notable interest in Domo's potential. However, investors should remember that insider activity and institutional filings are backward-looking and may not reflect current positions.
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