5 Best Micro Cap Stocks To Invest In

4. Domo, Inc. (NASDAQ:DOMO)

Number of Hedge Fund Investors In Q2 2023: 19

Domo, Inc. (NASDAQ:DOMO) is a software company that provides a cloud platform to help businesses with their decision making. Despite a slowdown in the cloud sector due to high interest rates, the firm has beaten or met analyst EPS estimates in three of its four quarters.

Insider Monkey scoured through 910 hedge fund portfolios for this year’s June quarter and discovered that 19 were the firm’s shareholders. D. E. Shaw’s D E Shaw owns the largest stake among these, which is worth $8.8 million.

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