Jenny Yeh Sells 1,226 Shares of Ooma (NYSE:OOMA) Stock

Ooma, Inc. (NYSE:OOMA) SVP Jenny Yeh sold 1,226 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $23.00, for a total transaction of $28,198.00. Following the sale, the senior vice president directly owned 232,601 shares of the company’s stock, valued at $5,349,823. This represents a 0.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Ooma Stock Down 0.7%

Ooma stock opened at $23.21 on Friday. The firm has a market cap of $638.27 million, a price-to-earnings ratio of 61.08 and a beta of 1.20. Ooma, Inc. has a 52-week low of $9.79 and a 52-week high of $26.19. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.94. The firm has a 50 day moving average price of $20.92 and a two-hundred day moving average price of $17.56.

Ooma (NYSE:OOMA) last posted its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.02. Ooma had a net margin of 3.57% and a return on equity of 23.89%. The company had revenue of $83.23 million during the quarter, compared to analysts’ expectations of $81.72 million. Ooma has set its FY 2027 guidance at 1.350-1.380 EPS and its Q3 2027 guidance at 0.340-0.350 EPS. Equities analysts predict that Ooma, Inc. will post 0.87 EPS for the current year.

Institutional Investors Weigh In On Ooma

Several hedge funds and other institutional investors have recently modified their holdings of the company. IFC & Insurance Marketing Inc. acquired a new stake in Ooma in the 4th quarter valued at $34,000. Tower Research Capital LLC TRC increased its stake in Ooma by 225.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company’s stock valued at $47,000 after purchasing an additional 2,507 shares in the last quarter. Meeder Asset Management Inc. raised its holdings in Ooma by 28.3% during the first quarter. Meeder Asset Management Inc. now owns 3,359 shares of the technology company’s stock worth $49,000 after buying an additional 740 shares during the last quarter. Legal & General Group Plc acquired a new position in Ooma during the second quarter worth $50,000. Finally, CWM LLC lifted its stake in shares of Ooma by 45.6% in the fourth quarter. CWM LLC now owns 4,400 shares of the technology company’s stock valued at $52,000 after buying an additional 1,378 shares in the last quarter. Institutional investors own 80.42% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on OOMA shares. UBS Group reissued a “buy” rating on shares of Ooma in a research note on Thursday, August 27th. Citigroup reaffirmed a “market perform” rating on shares of Ooma in a research note on Wednesday, May 27th. Benchmark reiterated a “buy” rating on shares of Ooma in a report on Monday, August 17th. B. Riley Financial boosted their price target on Ooma from $24.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Finally, Alliance Global Partners restated a “buy” rating on shares of Ooma in a report on Thursday, August 27th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $25.00.

Key Ooma News

Here are the key news stories impacting Ooma this week:

• Positive Sentiment: Ooma’s fiscal second-quarter results provided the strongest bullish catalyst. Revenue increased 25% year over year to $83.2 million, business subscription and services revenue grew 38%, and adjusted EBITDA rose 74% to $12.4 million. Earnings of $0.35 per share also exceeded the $0.33 analyst consensus, helped by demand created by the ongoing retirement of copper phone networks. Ooma Rides a Phone Line Extinction Into Faster Growth
• Positive Sentiment: Analyst revisions following the earnings report were broadly favorable. Lake Street Capital raised its fiscal 2027 EPS forecast to $0.86 from $0.79 and kept a Buy rating with a $25 price target. Benchmark increased its fiscal 2027 and 2028 estimates to $0.89 and $1.03, respectively, while Citizens JMP lifted its fiscal 2028 forecast to $0.96. These revisions support expectations for continued earnings growth.
• Neutral Sentiment: Analyst estimates were not uniformly positive: Citizens JMP made several small quarterly and long-term reductions while increasing other forecasts. The changes suggest improving but uneven expectations rather than a decisive shift in consensus.
• Neutral Sentiment: Commentary on artificial intelligence features in VoIP and unified communications produced mixed ratings, leaving the potential effect on Ooma’s competitive position unclear. AI Capabilities in VoIP and UC Offerings
• Negative Sentiment: CFO Shigeyuki Hamamatsu sold approximately $107,000 of shares, while SVP Jenny Yeh sold about $28,000. Both executives retained substantial positions, so the transactions are relatively small, but insider selling can weigh on sentiment.
• Negative Sentiment: Valuation remains a risk after the stock’s strong run: Ooma trades at roughly 61 times earnings and near its 12-month high. That premium leaves the shares sensitive to any slowdown in growth or disappointment in future guidance.

About Ooma

Ooma, Inc, headquartered in Sunnyvale, California, is a leading provider of communication services for residential and business customers. Since its founding in 2004, Ooma has built a cloud-based platform that leverages Voice over Internet Protocol (VoIP) technology to deliver voice, video and data services over broadband networks. The company went public on the New York Stock Exchange in 2015 under the ticker OOMA and has continued to expand its service portfolio to meet evolving customer demands.

For residential users, Ooma offers an all-in-one home phone service that includes its flagship Telo device, mobile and web applications, and optional smart home security features.