Ooma SVP & chief legal officer Jenny Yeh sells $40,181 in shares

Jenny C. Yeh, Senior Vice President & Chief Legal Officer at Ooma Inc., sold 1,747 shares of the company's common stock on September 17, 2026, at a price of $23.00 per share, totaling $40,181. This transaction reduced her ownership to 222,540 shares. The sale was executed according to a 10b5-1 trading plan adopted by Yeh on April 1, 2026.

Analysts at InvestingPro note that Ooma's stock is currently trading near its Fair Value, with 6 analysts revising their earnings estimates upwards for the upcoming period. Ooma Inc. recently reported fiscal second-quarter results that exceeded Wall Street expectations, with adjusted earnings of 35 cents per share and revenue of $83.2 million, surpassing analyst estimates of 33 cents per share and $81.72 million in revenue.

This growth was attributed to the expansion of AirDial and the contributions of recent acquisitions FluentStream and Phone.com. Freedom Broker raised its price target for Ooma shares to $24.00 from $20.00, maintaining a Buy rating, citing strong performance in the business segment and the replacement of copper POTS lines as key factors. The company also provided an improved full-year outlook, further bolstering investor optimism.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.