DOMO Founder and CEO Joshua James Sells $229K of Stock

Joshua James, the Founder and CEO of Domo, Inc. (NasdaqGM: DOMO), sold 96,088 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 about $228,689.44. This sale was not part of a pre-arranged trading plan.

Insider Buying and Selling at Domo, Inc.

On June 24, 2026, alongside Joshua James, other key insiders at Domo, Inc. made sales. Tod Crane, the Chief Financial Officer, sold 68,483 shares, and Daren Thayne, the CTO & EVP of Product, sold 52,365 shares, both at the same average price of $2.38. Earlier, on June 19, 2026, these insiders had acquired shares at no cost, with James purchasing 245,269 shares, Crane 122,634 shares, and Thayne 140,121 shares.

Other Institutional Activity in Domo, Inc.

Institutional investors have been active in Domo, Inc. RPD Fund Management LLC increased its holdings by 990,326 shares, now owning 4,613,726 shares valued at approximately $14.1 million, a 27.3% increase. BlackRock, Inc. added 338,558 shares, boosting its total to 3,512,062 shares worth about $10.7 million, reflecting a 10.7% increase. Vanguard Portfolio Management LLC opened a new position with 3,222,739 shares, valued at about $9.86 million. Veradace Capital Management LLC grew its stake by 420,601 shares, bringing its total to 1,979,666 shares, a 27.0% increase. Goldman Sachs Group Inc. significantly increased its holdings by 887,770 shares to 1,572,135 shares, marking a 129.7% rise.

Domo, Inc. Stock Down 26.9%

Shares of Domo, Inc. traded near $2.24 on Thursday. The company has a market capitalization of approximately $103.8 million and a forward P/E ratio of 21.3. With a beta of 1.77, the stock has experienced a 52-week low of $1.84 and a high of $18.49. Its 50-day moving average is $3.49, and the 200-day moving average is $7.89. Domo's current ratio is 0.31, and its quick ratio is 0.24, highlighting liquidity challenges.

Analysts Set New Price Targets

On June 16, 2026, TD Cowen downgraded Domo to a 'hold' with a price target of $3.25. 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 also maintained a 'buy' rating, setting a target of $5.00. In contrast, Citizens maintained a 'sell' rating with a $2.25 target. Overall, the consensus recommendation is 'buy', with an average target price of $4.33 based on six analyst opinions.

About Domo, Inc.

Domo, Inc. is a technology company headquartered in American Fork, Utah. It operates a cloud-based AI and data platform that connects all levels of an organization with real-time data and insights, enabling smarter business decisions. The company serves various industries, including financial services, healthcare, pharmaceuticals, energy, and technology. Founded in 2010, Domo employs 876 people and is led by CEO Joshua G. James.

Bottom Line

Joshua James's recent share sale is a notable event for Domo, Inc., especially as it comes on the heels of insider purchases. Investors often track insider transactions for potential insights into a company's prospects. However, it's important to remember that insider sales can occur for many reasons unrelated to the company's performance. As always, the information from 13F filings and insider trades is historical and may not reflect current positions.