Key Points
- CFO insider sale: Ooma CFO Shigeyuki Hamamatsu sold 10,790 shares on March 6 at an average price of $14.22 for $153,433.80, trimming his holding by 4.46% to 231,128 shares valued at about $3.29M.
- Quarterly beat and guidance: Ooma reported $0.34 EPS (vs. $0.31 expected) and $74.58M revenue (vs. $72.55M), and issued FY2027 guidance of $1.260–1.310 EPS and Q1 2027 guidance of $0.310–0.330, while analysts still forecast -$0.06 EPS for the current fiscal year.
- Market and sentiment: The stock trades near its 52-week high (one-year range $9.79–$14.83) with a market cap of roughly $397M, about 80.4% institutional ownership, and a consensus "Moderate Buy" from analysts with a $19 average target.
Ooma, Inc. (NYSE:OOMA - Get Free Report) CFO Shigeyuki Hamamatsu sold 10,790 shares of Ooma stock in a transaction on Friday, March 6th. The stock was sold at an average price of $14.22, for a total transaction of $153,433.80. Following the sale, the chief financial officer owned 231,128 shares in the company, valued at $3,286,640.16. This represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Ooma Price Performance
Shares of OOMA opened at $14.40 on Tuesday. Ooma, Inc. has a 1-year low of $9.79 and a 1-year high of $14.83. The stock has a market cap of $397.30 million, a PE ratio of 65.43 and a beta of 1.32. The firm has a fifty day moving average price of $11.98 and a 200 day moving average price of $11.86.
Ooma (NYSE:OOMA - Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.03. Ooma had a return on equity of 15.79% and a net margin of 2.36%.The company had revenue of $74.58 million for the quarter, compared to analyst estimates of $72.55 million. Ooma has set its FY 2027 guidance at 1.260-1.310 EPS and its Q1 2027 guidance at 0.310-0.330 EPS. As a group, equities analysts expect that Ooma, Inc. will post -0.06 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Benchmark reaffirmed a "buy" rating on shares of Ooma in a research report on Thursday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $19.00.
Get Our Latest Research Report on Ooma
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Ooma by 2.4% in the third quarter. Vanguard Group Inc. now owns 1,501,963 shares of the technology company's stock valued at $18,009,000 after purchasing an additional 34,960 shares during the period. Acadian Asset Management LLC boosted its stake in shares of Ooma by 8.2% during the second quarter. Acadian Asset Management LLC now owns 1,021,104 shares of the technology company's stock worth $13,157,000 after buying an additional 77,133 shares during the period. Geode Capital Management LLC grew its holdings in shares of Ooma by 2.3% during the second quarter. Geode Capital Management LLC now owns 588,098 shares of the technology company's stock worth $7,588,000 after buying an additional 13,258 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Ooma by 4.0% during the fourth quarter. JPMorgan Chase & Co. now owns 576,041 shares of the technology company's stock worth $6,757,000 after buying an additional 22,125 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in Ooma by 17.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 513,820 shares of the technology company's stock valued at $6,161,000 after acquiring an additional 76,088 shares during the period. 80.42% of the stock is owned by hedge funds and other institutional investors.
About Ooma
(
Get Free Report)
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.
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