Domo's CTO Daren Thayne Sells Shares

Daren Thayne, the Chief Technology Officer and Executive Vice President of Product at Domo, Inc., sold 52,365 shares of the company on June 24, 2026. The shares were sold at an average price of $2.38, bringing the total transaction value to approximately $124,628. This sale was not part of a pre-planned trading program.

Insider Buying and Selling at Domo, Inc.

The recent insider activity at Domo, Inc. included multiple transactions on June 24, 2026. Alongside Daren Thayne, Founder and CEO Joshua James sold 96,088 shares, and Chief Financial Officer Tod Crane sold 68,483 shares, all at the same average price of $2.38. These transactions were also not planned in advance.

Other Institutional Activity in Domo, Inc.

Several institutional investors have recently adjusted their holdings in Domo, Inc. RPD Fund Management LLC increased its stake by 990,326 shares, bringing its total to 4,613,726 shares valued at about $14.1 million, marking a 27.3% increase. BlackRock, Inc. added 338,558 shares, ending with 3,512,062 shares worth approximately $10.7 million, a 10.7% increase. Vanguard Portfolio Management LLC initiated a new position with 3,222,739 shares, valued at around $9.9 million. Veradace Capital Management LLC grew its holdings by 420,601 shares to a total of 1,979,666 shares, valued at about $6.1 million, a 27% increase. Goldman Sachs Group Inc. significantly boosted its stake by 887,770 shares, reaching 1,572,135 shares worth $4.8 million, a 129.7% increase.

Domo, Inc. Stock Down 28.8%

Shares of NasdaqGM:DOMO traded near $2.24 on Thursday. Domo, Inc. has a market capitalization of approximately $103.8 million. The company is not currently profitable, so it has no meaningful P/E ratio, but it has a forward P/E of 21.3. The stock's beta is 1.77, indicating higher volatility compared to the market. Over the past year, the stock has ranged from a low of $1.84 to a high of $18.49. It has a 50-day moving average of $3.49 and a 200-day moving average of $7.89. The company's current ratio stands at 0.314, with a quick ratio of 0.24.

Recent Earnings

In its most recent earnings report, Domo, Inc. posted revenue of $318.1 million, reflecting a slight decrease of 0.9% year-over-year. The company reported a negative net margin of 17.4% and a negative EPS of $1.33, indicating ongoing challenges in profitability. The next earnings release is scheduled for August 26, 2026.

Analysts Set New Price Targets

On June 16, 2026, TD Cowen downgraded Domo, Inc. to a 'hold' rating with a price target of $3.25. DA Davidson maintained its 'hold' rating with a target of $3.50, while Stephens & Co. reiterated a 'buy' rating with an $8.00 target. Cantor Fitzgerald also maintained a 'buy' rating, setting a target of $5.00. Meanwhile, Citizens maintained a 'sell' rating with a target of $2.25. The consensus among analysts is a 'buy' rating, with a mean target price of $4.33 based on six analyst opinions.

About Domo, Inc.

Domo, Inc. is a technology company that offers a cloud-based platform for AI and data solutions. Headquartered in American Fork, Utah, the company connects executives and employees with real-time data and insights, aiming to improve business impact. Founded in 2010 and led by CEO Joshua G. James, Domo serves industries like financial services, healthcare, and technology. The company employs around 876 people and operates in regions including North America, Western Europe, and Asia.

Bottom Line

Daren Thayne's recent sale of shares in Domo, Inc. is part of a broader pattern of insider transactions at the company. Investors often watch insider sales for potential signals, though they can occur for many reasons. Domo's stock has experienced volatility, with analysts offering mixed ratings and price targets. As always, it's important to remember that insider sales and institutional reports reflect past actions and may not indicate future performance.