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In a recent filing with the Securities and Exchange Commission, Namrata Sabharwal, the Chief Accounting Officer of Ooma Inc . (NYSE:OOMA), disclosed the sale of common stock amounting to $64,425. The transactions occurred on June 4, 2025, with shares sold at prices ranging from $13.27 to $13.2903 per share. According to InvestingPro data, OOMA currently trades near $13.24, showing a remarkable 50% gain over the past year, with analysts maintaining a strong buy consensus.
According to the filing, Sabharwal sold a total of 4,852 shares, which reduced her direct ownership to 76,079 shares following the transactions. These sales were part of routine trading activity and did not involve any equity swaps. InvestingPro analysis indicates the company maintains a "GOOD" overall financial health score, with seven analysts recently revising earnings estimates upward. Get access to additional ProTips and comprehensive analysis through InvestingPro’s detailed research reports.
In other recent news, Ooma Inc. reported its first-quarter fiscal 2026 results, showcasing a strong performance in earnings and adjusted EBITDA. The company achieved non-GAAP earnings per share of $0.20, surpassing the consensus estimate of $0.18, and reported revenue of $65 million, slightly missing the forecast of $65.6 million. Despite the revenue miss, Ooma’s adjusted EBITDA reached $6.7 million, exceeding expectations. Benchmark analyst Matthew Harrigan reiterated a Buy rating with a $20 price target for Ooma, highlighting the growing adoption of the company’s AirDial product, now being resold by Comcast (NASDAQ:CMCSA). Meanwhile, Citizens JMP maintained a Market Perform rating on Ooma, reflecting a neutral outlook despite the company’s consistent growth indicators. Ooma’s annualized exit recurring revenue reached $234 million, with a net dollar subscription retention rate improving to 99%. The company’s strategic partnerships and product innovations, especially in the cloud communications and POTS replacement services, appear to position it for future growth.
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