Ooma SVP & chief legal officer Jenny Yeh sells $504,320 in Ooma stock

Jenny Yeh, Senior Vice President and Chief Legal Officer at Ooma, Inc., transferred shares of the company's common stock worth $504,320 on August 27, 2026. The transactions occurred at prices between $23.18 and $25.00 per share, encompassing 20,966 shares across three separate transactions. Yeh sold 9,141 shares at a weighted average price of $23.18, 3,225 shares at $24.01, and 8,600 shares at $25.00 each.

This sale follows Ooma's impressive performance, with shares up 75% over the past year and 83% in the last six months. The stock is currently valued at $22.64, resulting in a market cap of $622 million. Analysts project price targets between $24 and $30 per share. After the reported sale, Yeh retains 237,649 shares of Ooma common stock.

Ooma recently reported fiscal second-quarter earnings that exceeded expectations, posting adjusted earnings of 35 cents per share on $83.2 million in revenue. This growth was fueled by strong performance in Ooma Business, particularly AirDial, FluentStream, and Phone.com acquisitions. Freedom Broker upgraded its price target for Ooma shares to $24.00 from $20.00, citing the significant revenue growth from Ooma Business as the driving factor.

Overall, Ooma's accelerating growth in business services and improved profitability are boosting investor confidence.