Ooma CFO Shigeyuki Hamamatsu Sells Shares
Ooma's CFO sold 2,971 shares recently, totaling $50,952.65.
Key Points
- Shigeyuki Hamamatsu, CFO of Ooma, Inc., sold 2,971 shares on June 15, 2026, at $17.15 each, totaling $50,952.65.
- Ooma's stock trades near $17.36, with a market cap of $482.2 million, a P/E ratio of 53.18, and a 52-week range between $9.79 and $21.96.
- Analysts from Lake Street and Benchmark maintain a 'buy' rating with price targets of $23 and $24, respectively.
Shigeyuki Hamamatsu, the Chief Financial Officer of Ooma, Inc. (NYSE:OOMA), sold 2,971 shares of the company on June 15, 2026. The shares were sold at an average price of $17.15 each, totaling $50,952.65. This transaction was not part of a pre-planned trading program.
Ooma Stock Snapshot
Shares of Ooma, Inc. are trading near $17.36. The company has a market capitalization of approximately $482.2 million. Ooma's price-to-earnings ratio stands at 53.18, with a forward P/E of 11.74. The stock has experienced a 52-week low of $9.79 and a high of $21.96. Its 50-day moving average is $16.97, while the 200-day moving average is $13.31. The company has a beta of 1.223, indicating moderate volatility.
Recent Earnings
Ooma reported revenue of $289.7 million, reflecting a growth of 24.8%. The company's net margin is 3.17%, and its return on equity is 10%. Ooma's earnings per share is $0.33. The next earnings report is scheduled for May 26, 2026.
Insider Buying and Selling at Ooma, Inc.
In addition to Shigeyuki Hamamatsu's sale, several other insiders also sold shares on June 15, 2026. Namrata Sabharwal, Chief Accounting Officer, sold 415 shares, and Jenny Yeh, SVP & Chief Legal Officer, sold 1,647 shares. CEO Eric Stang sold 8,317 shares, all at the same price of $17.15. These transactions were not planned in advance.
Analysts Set New Price Targets
On May 27, 2026, Lake Street maintained its 'buy' rating on Ooma with a price target of $23. Benchmark also maintained a 'buy' rating, setting a target of $24. The consensus among analysts is a 'buy', with a mean price target of $23 based on five analyst opinions.
About Ooma, Inc.
Ooma, Inc. is a technology company based in Sunnyvale, California. It provides communications services and technologies for businesses and consumers in the U.S. and Canada. The company offers solutions like Ooma Office for small businesses and Ooma Enterprise for larger organizations. It also provides residential services such as Ooma Telo and mobile apps. Ooma was founded in 2003 and is led by CEO Eric B. Stang.
Bottom Line
Insider transactions, such as the recent sales by Ooma's executives, are closely watched by investors for potential insights. While these sales are notable, they don't necessarily indicate future stock performance. Ooma's stock remains a subject of interest, trading near its 50-day average with positive analyst support. As always, it's important to consider the broader financial context and company fundamentals when evaluating stock activity.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
