Ooma's SVP Jenny Yeh Sells Shares as Insider Activity Continues
Jenny Yeh, Ooma's SVP & Chief Legal Officer, sold 1,647 shares for $28,246.
Key Points
- Jenny Yeh, SVP & Chief Legal Officer of Ooma, sold 1,647 shares at $17.15 each, valued at $28,246 on June 15, 2026.
- Ooma, Inc. trades on the NYSE under the ticker OOMA, with a market cap of approximately $482.2 million and a P/E ratio of 53.18.
- Analysts from Lake Street and Benchmark maintain 'buy' ratings with price targets up to $24.00.
Jenny Yeh, Senior Vice President and Chief Legal Officer at Ooma, Inc. (NYSE: OOMA), sold 1,647 shares of the company on June 15, 2026. The shares were sold at an average price of $17.15, totaling $28,246. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Ooma, Inc.
Jenny Yeh's recent sale is part of ongoing insider activity at Ooma, Inc. On the same day, several other executives also sold shares. Namrata Sabharwal, the Chief Accounting Officer, sold 415 shares, while CEO Eric Stang sold 8,317 shares. These sales were not conducted under Rule 10b5-1 plans, indicating they were not pre-scheduled.
Other Institutional Activity in Ooma, Inc.
Several institutional investors have also made recent moves in Ooma, Inc. BlackRock, Inc. reduced its holdings slightly by 3,444 shares, maintaining a stake of 3,747,622 shares worth about $54.5 million. Vanguard Capital Management LLC added significantly to its position with a purchase of 1,090,539 shares, bringing its total to the same number, valued at $15.9 million. Renaissance Technologies LLC increased its holdings by 99,100 shares, ending with 912,203 shares valued at $13.3 million.
Ooma, Inc. Stock Snapshot
Ooma, Inc. shares recently traded near $17.36. The company has a market capitalization of approximately $482.2 million and a P/E ratio of 53.18. Its forward P/E is more attractive at 11.74. Ooma’s stock has fluctuated between a 52-week low of $9.79 and a high of $21.96. The stock's 50-day moving average is $16.97, while the 200-day moving average stands at $13.31.
Recent Earnings
Ooma reported revenue of $289.7 million, reflecting growth of 24.8%. The company posted a net margin of 3.17% and a return on equity of 10%. Earnings per share stood at $0.33. The next earnings report is scheduled for May 26, 2026.
Analysts Set New Price Targets
On May 27, 2026, Lake Street maintained its 'buy' rating on Ooma, Inc., setting a price target of $23.00. Similarly, Benchmark reiterated its 'buy' rating with a target price of $24.00. Overall, the consensus among five analysts is a 'buy' rating, with a mean target price of $23.00.
About Ooma, Inc.
Ooma, Inc. is a technology company based in Sunnyvale, California, providing communications services and technologies for both businesses and consumers in the U.S. and Canada. Their offerings include cloud-based communications systems like Ooma Office for small businesses and Ooma Enterprise for larger organizations. The company also provides residential phone services through Ooma Telo and other related products. Founded in 2003, Ooma is led by CEO Eric B. Stang and employs around 1,420 people.
Bottom Line
Jenny Yeh’s recent sale of Ooma shares highlights ongoing insider activity within the company. Investors often watch insider transactions to gauge management’s confidence in the business. While these transactions provide insight, they are not indicative of future performance. Ooma remains a company of interest with its innovative communication solutions and stable analyst ratings.
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.
