Ooma Inc. CFO Sabharwal Namrata sells 4,852 shares at $13.29/share on June 4.

Ooma Inc. (OOMA) announced that Chief Accounting Officer Namrata Sabharwal has executed two transactions on June 4, 2025. Firstly, she sold 1,962 shares at a price of $13.29 per share, and secondly, she sold 2,890 shares at a price of $13.27 per share.

Ooma Inc. (OOMA) closed the last trading session at $13.65, gaining 8.8% over the past four weeks. Wall Street analysts believe the stock could rally further, with a mean price target of $18.30, indicating a 34.1% upside potential [1]. The consensus price target is bolstered by analysts' agreement on the company reporting better earnings than previously estimated. The Zacks Consensus Estimate for the current year has increased 6.2% over the past month, with three estimates going higher and none being revised downward [1].

On June 4, 2025, Chief Accounting Officer Namrata Sabharwal executed two transactions. She sold 1,962 shares at $13.29 per share and 2,890 shares at $13.27 per share. These transactions, totaling 4,852 shares, suggest a potential insider sentiment that aligns with the positive analyst outlook. The average price per share from these transactions is $13.28, slightly below the current market price of $13.65.

While the consensus price target and insider transactions suggest potential upside, investors should approach these indicators with caution. Analyst price targets are often influenced by business relationships and may not accurately reflect future stock performance [1]. The Zacks Rank #2 (Buy) further supports OOMA's potential, given its impressive track record and earnings growth prospects.

References:
[1] https://www.nasdaq.com/articles/wall-street-analysts-believe-ooma-ooma-could-rally-3407-heres-how-trade