Shigeyuki Hamamatsu Sells 4,807 Shares of Ooma (NYSE:OOMA) Stock

Ooma, Inc. (NYSE:OOMA) CFO Shigeyuki Hamamatsu sold 4,807 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $22.33, for a total transaction of $107,340.31. Following the sale, the chief financial officer directly owned 179,420 shares of the company’s stock, valued at $4,006,448.60. This represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Ooma Trading Down 0.7%

OOMA stock opened at $23.21 on Friday. Ooma, Inc. has a 12 month low of $9.79 and a 12 month high of $26.19. The firm’s 50-day moving average is $20.92 and its 200 day moving average is $17.56. The company has a market capitalization of $638.27 million, a PE ratio of 61.08 and a beta of 1.20. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.94 and a quick ratio of 0.69.

Ooma (NYSE:OOMA) last issued its earnings results on Wednesday, August 26th. The technology company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. Ooma had a net margin of 3.57% and a return on equity of 23.89%. The business had revenue of $83.23 million for the quarter, compared to the consensus estimate 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. On average, research analysts anticipate that Ooma, Inc. will post 0.87 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Quantinno Capital Management LP lifted its position in shares of Ooma by 247.3% during the first quarter. Quantinno Capital Management LP now owns 70,703 shares of the technology company’s stock valued at $1,029,000 after buying an additional 50,347 shares during the last quarter. Lazard Asset Management LLC purchased a new position in shares of Ooma in the 1st quarter worth approximately $1,415,000. Hsbc Holdings PLC raised its stake in shares of Ooma by 107.3% during the 4th quarter. Hsbc Holdings PLC now owns 96,830 shares of the technology company’s stock worth $1,132,000 after acquiring an additional 50,114 shares in the last quarter. North Star Investment Management Corp. bought a new position in shares of Ooma during the 1st quarter worth approximately $873,000. Finally, Bard Associates Inc. purchased a new stake in Ooma during the second quarter valued at approximately $558,000. 80.42% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Ooma

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.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. UBS Group reiterated a “buy” rating on shares of Ooma in a report on Thursday, August 27th. Alliance Global Partners restated a “buy” rating on shares of Ooma in a report on Thursday, August 27th. William Blair set a $24.00 price objective on shares of Ooma in a research note on Monday, August 17th. B. Riley Financial increased their target price on shares of Ooma from $24.00 to $27.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Finally, Citigroup reissued a “market perform” rating on shares of Ooma in a research report on Wednesday, May 27th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $25.00.

Ooma Company Profile

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.