Media headlines about Ooma (NYSE:OOMA) have trended positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ooma earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.1559731699 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- PCMag Readers Name Ooma Office the Best Business VoIP Phone Service for the Fifth Year in a Row (consumerelectronicsnet.com)
- PCMag Readers Name Ooma Office the Best Business VoIP Phone Service for the Fifth Year in a Row (finance.yahoo.com)
- Equities Analysts Set Expectations for Ooma Inc’s FY2020 Earnings (OOMA) (americanbankingnews.com)
- Ooma (OOMA) Lifted to Neutral at Bank of America (americanbankingnews.com)
- Ravi Narula Sells 4,976 Shares of Ooma Inc (OOMA) Stock (americanbankingnews.com)
Several analysts recently commented on OOMA shares. ValuEngine cut shares of Ooma from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. Northland Securities restated a “buy” rating and set a $13.00 target price on shares of Ooma in a research report on Friday, December 1st. Bank of America upgraded shares of Ooma from an “underperform” rating to a “neutral” rating and set a $14.00 target price for the company in a research report on Wednesday, March 7th. B. Riley restated a “buy” rating and set a $13.00 target price on shares of Ooma in a research report on Wednesday, November 29th. Finally, Credit Suisse Group restated a “neutral” rating and set a $13.00 target price (up previously from $12.00) on shares of Ooma in a research report on Wednesday, March 7th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $14.00.
In other news, VP James A. Gustke sold 7,200 shares of Ooma stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $11.73, for a total transaction of $84,456.00. Following the completion of the sale, the vice president now directly owns 162,900 shares in the company, valued at $1,910,817. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Ravi Narula sold 4,976 shares of Ooma stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $12.00, for a total transaction of $59,712.00. Following the sale, the chief financial officer now owns 169,480 shares of the company’s stock, valued at $2,033,760. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,896 shares of company stock valued at $573,993. 11.42% of the stock is currently owned by company insiders.
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Ooma Company Profile
Ooma, Inc is a United States-based company, which offers Ooma, a communications platform for small businesses and consumers. Ooma serves as a communications hub, which offers cloud-based telephony, Internet security, home monitoring and other connected services. Ooma combines PureVoice high definition (HD) call quality features with mobile applications anytime, anywhere calling.
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