Ooma SVP Jenny Yeh sells $504,320 in company stock

Jenny Yeh, Senior Vice President and Chief Legal Officer at Ooma Inc., sold a total of 20,966 shares of the company's stock on August 27, 2026. The transactions totaled $504,320 and occurred at prices between $23.18 and $25.00 per share. The timing of the sales came as Ooma's stock experienced an 84% increase over the past six months and a 75% surge in the last year.

The current stock price trades slightly above its Fair Value, placing Ooma on the Most Overvalued watchlist according to InvestingPro analysis. Yeh executed three separate sales of Ooma common stock: 9,141 shares at an average price of $23.18, 3,225 shares at $24.01, and the final 8,600 shares at $25.00 per share. Following the sales, Yeh still holds 237,649 shares of Ooma common stock.

Despite the insider sale, analysts maintain a positive outlook on the stock, with price targets reaching $30 per share. Ooma Inc. recently reported fiscal second-quarter results that exceeded expectations, with adjusted earnings of 35 cents per share on $83.2 million in revenue. This success has led to increased confidence among investors, as reflected in Freedom Broker's updated price target of $24.00, maintaining a Buy rating.

The growth is attributed to Ooma Business, driven by AirDial expansion and acquisitions FluentStream and Phone.com. Ooma's performance has been further supported by the replacement of copper POTS lines and a raised full-year outlook.