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American Fork Today
By the People, for the People
Capital Research Global Investors Buys New Stake in Domo, Inc. $DOMO
Institutional investor takes major position in data analytics firm
Mar. 13, 2026 at 8:20am
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Capital Research Global Investors, a prominent institutional investor, has acquired a new stake of 2.75 million shares in Domo, Inc. (NASDAQ:DOMO), the cloud-based business intelligence and data analytics company. The purchase, valued at approximately $43.56 million, represents a 6.67% ownership stake in Domo.
Why it matters
This investment by a major institutional player like Capital Research Global Investors is a significant vote of confidence in Domo's business model and growth potential within the competitive data analytics software market. It also signals that institutional investors see long-term value in Domo's cloud-based data integration and visualization platform.
The details
According to a recent SEC filing, Capital Research Global Investors acquired the 2.75 million shares of Domo during the third quarter. This new position makes the firm one of Domo's largest institutional shareholders. Other notable investors in Domo include Geode Capital Management, Marshall Wace LLP, and Bank of America Corp.
- Capital Research Global Investors acquired the Domo shares during the third quarter of the most recent fiscal year.
The players
Capital Research Global Investors
A prominent institutional investment management firm that has taken a major new stake in Domo, Inc.
Domo, Inc.
A cloud-based business intelligence and data analytics company headquartered in American Fork, Utah.
The takeaway
This investment by a respected institutional investor like Capital Research Global Investors underscores the market's confidence in Domo's cloud-based data analytics platform and its potential for long-term growth in the competitive business intelligence software space.
