Mackenzie Financial Corp Has $225,000 Holdings in Domo, Inc. (NASDAQ:DOMO)

Mackenzie Financial Corp lifted its position in shares of Domo, Inc. (NASDAQ:DOMO) by 6.7% during the 4th quarter, HoldingsChannel reports. The fund owned 21,818 shares of the company’s stock after purchasing an additional 1,374 shares during the period. Mackenzie Financial Corp’s holdings in Domo were worth $225,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DOMO. Oak Thistle LLC acquired a new stake in shares of Domo during the fourth quarter valued at about $107,000. Crewe Advisors LLC raised its holdings in Domo by 67.2% in the 3rd quarter. Crewe Advisors LLC now owns 12,149 shares of the company’s stock valued at $119,000 after buying an additional 4,883 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in Domo during the 3rd quarter worth approximately $181,000. Barclays PLC raised its stake in shares of Domo by 51.9% during the third quarter. Barclays PLC now owns 34,049 shares of the company’s stock valued at $333,000 after acquiring an additional 11,637 shares during the last quarter. Finally, Legato Capital Management LLC lifted its holdings in shares of Domo by 40.2% during the fourth quarter. Legato Capital Management LLC now owns 60,531 shares of the company’s stock worth $623,000 after purchasing an additional 17,350 shares during the period. Institutional investors own 76.64% of the company’s stock.

Analysts Set New Price Targets

Separately, DA Davidson reaffirmed a “neutral” rating and set a $10.00 target price on shares of Domo in a research report on Thursday, March 28th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $15.60.

Insiders Place Their Bets

In related news, CFO David R. Jolley sold 12,000 shares of the business’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of $8.50, for a total transaction of $102,000.00. Following the transaction, the chief financial officer now owns 215,543 shares in the company, valued at approximately $1,832,115.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Domo news, CFO David R. Jolley sold 12,000 shares of Domo stock in a transaction on Thursday, April 11th. The shares were sold at an average price of $8.50, for a total value of $102,000.00. Following the completion of the sale, the chief financial officer now directly owns 215,543 shares of the company’s stock, valued at $1,832,115.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Joshua G. James sold 107,000 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $9.38, for a total transaction of $1,003,660.00. Following the transaction, the chief executive officer now directly owns 881,765 shares in the company, valued at approximately $8,270,955.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 206,056 shares of company stock worth $1,911,367. Corporate insiders own 12.77% of the company’s stock.

Domo Stock Down 0.4 %

Shares of NASDAQ DOMO opened at $7.59 on Monday. The company has a market capitalization of $288.65 million, a PE ratio of -3.61 and a beta of 2.32. The firm has a fifty day simple moving average of $9.43 and a 200 day simple moving average of $9.60. Domo, Inc. has a twelve month low of $7.24 and a twelve month high of $18.19.

Domo (NASDAQ:DOMO) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.05). The firm had revenue of $80.18 million during the quarter, compared to the consensus estimate of $79.46 million. As a group, equities analysts expect that Domo, Inc. will post -2 earnings per share for the current fiscal year.

Domo Company 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.