Ooma (OOMA) Expected to Announce Earnings on Tuesday

Key Points

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Ooma (NYSE:OOMA - Get Free Report) is expected to announce its Q2 2026 earnings results after the market closes on Tuesday, August 26th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $65.77 million for the quarter.

Ooma Stock Up 0.9%

OOMA opened at $11.68 on Tuesday. The firm has a 50-day moving average price of $12.14 and a 200-day moving average price of $12.96. Ooma has a twelve month low of $8.23 and a twelve month high of $17.00. The company has a market capitalization of $322.37 million, a price-to-earnings ratio of -61.47 and a beta of 1.21.

Insider Buying and Selling at Ooma

In other Ooma news, Director Andrew H. Galligan sold 12,407 shares of the firm's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $12.43, for a total value of $154,219.01. Following the completion of the transaction, the director owned 241,081 shares in the company, valued at $2,996,636.83. This trade represents a 4.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Eric B. Stang sold 10,727 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $12.98, for a total transaction of $139,236.46. Following the completion of the transaction, the chief executive officer owned 1,236,997 shares of the company's stock, valued at $16,056,221.06. This trade represents a 0.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 51,609 shares of company stock valued at $666,657 over the last 90 days. 9.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC boosted its holdings in shares of Ooma by 57.5% in the 2nd quarter. Hsbc Holdings PLC now owns 37,288 shares of the technology company's stock worth $479,000 after purchasing an additional 13,619 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Ooma in the first quarter worth approximately $478,000. Jane Street Group LLC grew its position in Ooma by 162.6% during the first quarter. Jane Street Group LLC now owns 34,227 shares of the technology company's stock valued at $448,000 after acquiring an additional 21,192 shares during the last quarter. Amundi bought a new position in Ooma during the first quarter valued at approximately $387,000. Finally, Jump Financial LLC raised its stake in shares of Ooma by 48.1% during the second quarter. Jump Financial LLC now owns 27,217 shares of the technology company's stock worth $351,000 after acquiring an additional 8,838 shares in the last quarter. 80.42% of the stock is currently owned by institutional investors.

About Ooma

Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.

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