DOMO CTO & EVP of Product Daren Thayne Sells $125K of Stock

Daren Thayne's Recent Sale

On June 24, 2026, Daren Thayne, the CTO and EVP of Product at Domo, Inc. (NasdaqGM: DOMO), sold 52,365 shares at a price of $2.38 each. The total value of this transaction was approximately $124,628. This sale adds to a series of recent insider trades at Domo, reflecting ongoing activity among top executives.

Insider Buying and Selling at Domo, Inc.

Thayne's sale is part of a broader trend of insider trading at Domo. On the same day, Domo's CFO, Tod Crane, sold 68,483 shares worth about $162,990, while the CEO, Joshua James, sold 96,088 shares valued at approximately $228,689. Both Crane and James executed their trades at the same price of $2.38 per share. In contrast, just days earlier on June 19, Crane and James had purchased significant amounts of stock, with Crane acquiring 122,634 shares and James buying 245,269 shares. This pattern of selling after buying indicates a potential shift in their positions at the company.

How Domo, Inc. Stock Has Traded

As of June 24, 2026, Domo's stock was trading at $2.75, which is below its 52-week high of $18.35 and near its low of $1.84. The stock has experienced considerable volatility, reflecting broader market trends and company performance. The recent insider sales may draw attention as investors analyze the sentiment of company executives regarding future prospects.

Analysts Set New Price Targets

Analysts have mixed views on Domo's stock. On August 17, 2026, Citizens reiterated a "Market Underperform" rating with a target price of $2.25. However, Lake Street upgraded the stock to a "Buy" rating with a target of $5.00 on July 23, 2026, while Stephens & Co. downgraded it to an "Equal-Weight" rating with a target of $4.00 on the same day. These differing opinions highlight the uncertainty surrounding Domo's future performance.

What Domo, Inc. Does

Domo, Inc. is a technology company that provides a cloud-based platform for data and AI products. It helps organizations connect various data sources and gain real-time insights to improve business decisions. The recent insider trades may reflect executives' confidence or concerns about the company's direction as it navigates a challenging market environment.

What's Ahead for Domo, Inc.

Domo's next earnings report is scheduled for December 3, 2026. Investors will be watching closely to see how the company's financial performance aligns with recent insider trading activity. The recent 13F filings and insider transactions provide a glimpse into the perspectives of those who know the company best, though they may not necessarily indicate future performance. As always, investors should consider all available information before making decisions.