Domo, Inc. (NASDAQ:DOMO) Holdings Raised by Barclays PLC

Barclays PLC boosted its stake in Domo, Inc. (NASDAQ:DOMO) by 56.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 79,611 shares of the company’s stock after buying an additional 28,838 shares during the period. Barclays PLC owned 0.21% of Domo worth $598,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Y Intercept Hong Kong Ltd acquired a new stake in shares of Domo in the 3rd quarter worth approximately $181,000. XTX Topco Ltd bought a new stake in Domo during the third quarter worth approximately $97,000. State Street Corp lifted its position in Domo by 2.6% in the third quarter. State Street Corp now owns 750,371 shares of the company’s stock worth $5,635,000 after purchasing an additional 19,361 shares during the period. Parallax Volatility Advisers L.P. boosted its stake in Domo by 113.9% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 29,990 shares of the company’s stock valued at $225,000 after purchasing an additional 246,016 shares in the last quarter. Finally, Centiva Capital LP boosted its stake in Domo by 38.1% during the third quarter. Centiva Capital LP now owns 24,749 shares of the company’s stock valued at $186,000 after buying an additional 6,828 shares in the last quarter. Institutional investors and hedge funds own 76.64% of the company’s stock.

Domo Trading Down 1.9 %

DOMO stock opened at $7.08 on Thursday. Domo, Inc. has a one year low of $6.11 and a one year high of $12.23. The firm has a 50-day moving average of $8.29 and a two-hundred day moving average of $7.81. The firm has a market capitalization of $276.88 million, a PE ratio of -3.23 and a beta of 2.44.

Domo (NASDAQ:DOMO) last released its quarterly earnings results on Thursday, December 5th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.27). The firm had revenue of $79.68 million for the quarter, compared to analyst estimates of $77.56 million. The company’s revenue for the quarter was down .1% on a year-over-year basis. On average, equities research analysts anticipate that Domo, Inc. will post -2.1 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on DOMO shares. JMP Securities reiterated a “market outperform” rating and issued a $16.00 price target on shares of Domo in a research report on Friday, December 6th. Lake Street Capital increased their target price on shares of Domo from $8.00 to $9.50 and gave the company a “hold” rating in a research note on Friday, December 6th. Finally, TD Cowen lifted their price target on shares of Domo from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Friday, November 29th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Domo has a consensus rating of “Hold” and an average price target of $10.10.

Domo Profile

Domo, Inc, together with its subsidiaries, operates a cloud-based business intelligence platform in North America, Western Europe, Canada, Australia, and Japan. Its platform digitally connects from the chief executive officer to the frontline employee with the various people, data, and systems in an organization, as well as giving them access to real-time data and insights, and allowing them to manage business via various browsers and visualization engines accessible across laptops, TV screens, monitors, tablets, and smartphones.