Published on 23 Mar 2024 on GuruFocus.com via Yahoo Finance
Insider Sell: CFO David Jolley Sells 23,338 Shares of Domo Inc (DOMO)
Domo Inc (NASDAQ:DOMO), a company specializing in business intelligence tools and data visualization, has reported an insider sell according to a recent SEC filing. CFO David Jolley sold 23,338 shares of the company on March 21, 2024.David Jolley has been active in the market over the past year, selling a total of 23,338 shares and purchasing 5,000 shares. The latest transaction was executed at a price of $9.33 per share, resulting in a total sale amount of $217,812.14.The insider transaction history for Domo Inc (NASDAQ:DOMO) indicates a balanced level of activity from insiders, with 7 insider buys and 7 insider sells over the past year.
On the valuation front, Domo Inc (NASDAQ:DOMO) shares were trading at $9.33 on the day of the transaction, giving the company a market cap of $346.77 million. The stock's price-to-GF-Value ratio stands at 0.25, with a GF Value of $37.25, suggesting that the stock is currently categorized as a Possible Value Trap, Think Twice according to GuruFocus' valuation model.