Ooma Inc (NYSE:OOMA) CFO Ravi Narula sold 4,976 shares of Ooma stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $12.00, for a total transaction of $59,712.00. Following the transaction, the chief financial officer now directly owns 169,480 shares in the company, valued at $2,033,760. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Ravi Narula also recently made the following trade(s):
- On Thursday, January 11th, Ravi Narula sold 3,490 shares of Ooma stock. The stock was sold at an average price of $12.02, for a total transaction of $41,949.80.
- On Tuesday, January 16th, Ravi Narula sold 4,090 shares of Ooma stock. The stock was sold at an average price of $12.01, for a total transaction of $49,120.90.
- On Friday, December 15th, Ravi Narula sold 3,143 shares of Ooma stock. The stock was sold at an average price of $12.00, for a total transaction of $37,716.00.
- On Monday, December 18th, Ravi Narula sold 3,535 shares of Ooma stock. The stock was sold at an average price of $12.00, for a total transaction of $42,420.00.
Shares of Ooma Inc (OOMA) traded up $0.45 on Friday, hitting $11.85. 96,910 shares of the company’s stock were exchanged, compared to its average volume of 64,135. Ooma Inc has a 1-year low of $7.30 and a 1-year high of $12.75. The firm has a market capitalization of $225.00, a PE ratio of -16.69 and a beta of 0.86.
Institutional investors and hedge funds have recently made changes to their positions in the business. Wolverine Trading LLC acquired a new stake in shares of Ooma during the third quarter valued at about $115,000. New York State Common Retirement Fund acquired a new position in shares of Ooma in the second quarter valued at approximately $144,000. Parametric Portfolio Associates LLC grew its holdings in shares of Ooma by 94.2% in the second quarter. Parametric Portfolio Associates LLC now owns 24,092 shares of the technology company’s stock valued at $193,000 after purchasing an additional 11,686 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Ooma by 6,480.6% in the third quarter. Wells Fargo & Company MN now owns 28,165 shares of the technology company’s stock valued at $297,000 after purchasing an additional 27,737 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. acquired a new position in shares of Ooma in the second quarter valued at approximately $230,000. Institutional investors and hedge funds own 73.26% of the company’s stock.
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Ooma Company Profile
Ooma, Inc is a United States-based company, which offers Ooma, a communications platform for small businesses and consumers. Ooma serves as a communications hub, which offers cloud-based telephony, Internet security, home monitoring and other connected services. Ooma combines PureVoice high definition (HD) call quality features with mobile applications anytime, anywhere calling.
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