Insider Trading July 13, 2026 04:09 PM

Ooma CEO Eric Stang Offloads $464,240 in Shares Amid Strong Fiscal Start

Executive sale coincides with surpassed quarterly earnings and raised guidance, as analysts maintain positive outlooks on the telecommunications provider.

By Nina Shah
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OOMA

Ooma Inc. CEO Eric Stang executed a direct sale of company stock in July, while the firm recently delivered fiscal 2027 first-quarter results that beat consensus estimates on earnings, revenue, and EBITDA. Following these financial beats, management raised its full-year outlook, and multiple investment firms adjusted their price targets upward or reaffirmed positive ratings based on the company’s operational performance.

Ooma CEO Eric Stang Offloads $464,240 in Shares Amid Strong Fiscal Start
OOMA
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Key Points

  • Ooma Inc. delivered first-quarter fiscal 2027 results that surpassed consensus estimates on earnings per share, revenue, and adjusted EBITDA, prompting management to raise its full-year outlook.
  • CEO Eric Stang executed a direct sale of 23,212 shares at $20.00 per share, while maintaining significant direct and indirect holdings through a family trust.
  • Investment firms responded positively to Ooma’s operational performance, with Freedom Broker and Benchmark raising price targets and maintaining Buy ratings, while Citizens reaffirmed a Market Perform rating.

Eric B. Stang, Chief Executive Officer and President of OOMA INC, completed the sale of 23,212 shares of OOMA stock on July 10, 2026. Executed at a transaction price of $20.00 per share, the disposition totaled $464,240. The sale occurs as OOMA shares trade near the $20.42 mark, a price point reflecting a 67% return over the trailing twelve months.

According to InvestingPro analysis, the stock appears undervalued with a PEG ratio of just 0.22, suggesting attractive value relative to its growth prospects. InvestingPro offers 12 additional exclusive tips for OOMA, including analyst earnings revisions and profitability insights.

Following this direct sale, Mr. Stang directly holds 795,506 shares of OOMA stock. Additionally, he indirectly holds 1,229,580 shares through the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust.

In other recent news, Ooma Inc. reported impressive first-quarter fiscal 2027 results, with earnings per share reaching $0.35, surpassing the consensus estimate of $0.32. The company’s revenue also exceeded expectations, coming in at $81.1 million compared to the projected $79.8 million. Ooma’s adjusted EBITDA was reported at $11.8 million, outpacing the anticipated $11 million. Following these strong financial results, management has raised its outlook for the remainder of the year.

Investment firms have responded positively to Ooma’s performance. Freedom Broker increased its price target for Ooma shares to $20, maintaining a Buy rating. The firm highlighted the company’s record performance in its business segment as a key factor. Similarly, Benchmark raised its price target to $24, also keeping a Buy rating, citing product growth as a significant contributor to the positive outlook.Ooma IncFollowAnalyze OOMAIncluded in our AI-picked strategies·Review strategies20.41▲+0.23(+1.14%)Closed·15:59:59·USD20.41▼-0.01(-0.05%)After Hours·16:10:041D1W1M6M1Y5YMaxCreated with Highcharts 11.4.813:3014:0014:3015:0015:3016:0016:3017:3018:0018:3019:0019:3019.752020.2520.5Analyze OOMAMeanwhile, Citizens reaffirmed its Market Perform rating on Ooma, emphasizing the company’s ability to exceed earnings and revenue expectations. These developments suggest a strong start to the fiscal year for Ooma, with positive reactions from analysts and investment firms alike.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is OOMA undervalued—or a trap?Gut instinct isn't enough. Our Fair Value calculator uses 17 proven valuation models to reveal what OOMA is really worth.Get instant clarity on OOMA—plus thousands of other stocks—before the opportunity disappears.July Sale - 60% Off InvestingPro

Risks

  • The article does not explicitly detail specific risks, but notes the stock's valuation metrics and analyst price targets, implying market sensitivity to Ooma's growth prospects and execution.
  • The divergence in analyst ratings, with Citizens maintaining a Market Perform rating alongside Buy ratings from other firms, suggests varying perspectives on the stock's near-term trajectory.
  • The sale by the CEO, despite the company's strong financial start, may be viewed by some market participants as a signal to monitor insider activity closely, though the article does not specify the motivation behind the transaction.

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