Insider Sellers Might Regret Selling Domo Shares at a Lower Price Than Current Market Value
Domo, Inc.’s (NASDAQ:DOMO) stock price has dropped 16% in the previous week, but insiders who sold US$2.1m in stock over the past year have had less luck. Insiders might have been better off holding onto their shares, given that the average selling price of US$9.22 is still below the current share price.
Although we don’t think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for Domo
The Last 12 Months Of Insider Transactions At Domo
Over the last year, we can see that the biggest insider sale was by the Founder, Joshua James, for US$1.0m worth of shares, at about US$9.38 per share. We generally don’t like to…
