RPD Fund Management LLC (OKUMUS AHMET H) purchased $2.4M of DOMO (indirect holdings)
RPD Fund Management LLC purchased 924,709 indirectly-held shares of DOMO, INC. (DOMO) at $2.57 ($2.38M total) on 2026-04-13. Filed jointly with RPD Opportunity Fund LP and OKUMUS AHMET H.
How this was made
The 30-second read
Why it matters
The insider purchase adds a positive data point for DOMO, potentially nudging the stock higher in the short term.
Market read
The filing is a primary source of new information for DOMO, offering a modest bullish cue for traders.
What to watch
Potential upcoming product announcements or earnings could amplify the effect of the insider buy.
Background
Form 4 filings provide the first public disclosure of insider transactions, offering fresh data for traders.
Ticker impact
SEC Form 4 disclosed a $2.4M open‑market purchase of 924,709 shares, increasing holdings to 4.44M shares.
likely modest upward pressure as the market prices the insider purchase.
The purchase size is material for a mid‑cap stock but not large enough to trigger a sharp move; investors often view insider buys as a bullish signal.
Market effects
Minimal impact on the broader software sector; the filing is company‑specific.
No discernible regional effect; the transaction is confined to U.S. investors.
Limited global relevance; only relevant to DOMO shareholders.
Counterpoint
The purchase could be a routine portfolio rebalancing rather than a strong conviction signal.
Key entities
- InvestorRPD Fund Management LLC
Entity filing the Form 4 indicating a $2.4M purchase of DOMO shares.


