Ooma SVP Jenny Yeh sells $28,198 in company shares

On September 3, 2026, Jenny C. Yeh, Senior Vice President and Chief Legal Officer of Ooma Inc. (NASDAQ:OOMA), sold 1,226 shares of the company's common stock. The transaction, executed under a Rule 10b5-1 trading plan adopted on April 1, 2026, saw Yeh sell the shares at $23.00 per share, yielding a total of $28,198. The sale occurred as Ooma's stock price has surged by 99% year-to-date, currently trading at $23.38.

Moreover, on September 1, 2026, Yeh disposed of an additional 3,822 shares at $21.88 per share, valued at $83,625, to fulfill tax obligations related to the vesting of restricted stock units. This sale reduced Yeh's beneficial ownership of Ooma common stock to 232,601 shares. Despite these transactions, Ooma reported stronger-than-expected fiscal second-quarter results on September 3, 2026, posting adjusted earnings of 35 cents per share on $83.2 million in revenue.

The company's growth in AirDial and acquisitions such as FluentStream and Phone.com were key contributors to this performance. This positive momentum was further bolstered by Freedom Broker raising its price target for Ooma shares from $20.00 to $24.00, citing strong revenue, adjusted EBITDA, and earnings per share. Ooma has also extended its full-year outlook, underscoring investor confidence in the company's continued growth in its business services sector.