Insider Trading March 10, 2026

Ooma CEO Completes $369K Share Sale as Company Posts Better-Than-Expected Q4 Results

Eric Stang sold shares this month while Ooma reports revenue, EPS and adjusted EBITDA beats amid mixed analyst views

By Maya Rios OOMA
Ooma CEO Completes $369K Share Sale as Company Posts Better-Than-Expected Q4 Results
OOMA

Summary: Ooma Inc. CEO Eric Stang disposed of a block of company shares in early March, including a sale valued at $369,245 on March 6, 2026, and an additional transfer of shares on March 8, 2026 to cover withholding taxes on vested restricted stock units. The transactions occurred as Ooma stock traded near its 52-week high; the company also reported fiscal fourth-quarter 2026 results that exceeded analyst estimates across key metrics.

Key Points

  • Eric Stang sold 25,888 Ooma shares on March 6, 2026, for $369,245 at an average price of $14.2632; prices ranged from $14.09 to $14.38.
  • Stang also transferred 8,191 shares on March 8, 2026 to cover withholding taxes on vested restricted stock units; those shares were valued at $14.40 each for $117,950.
  • Ooma reported fiscal Q4 2026 non-GAAP EPS of $0.34, revenue of $74.6 million (up 15% year-over-year), and adjusted EBITDA of $11.5 million, all beating consensus estimates; analyst reactions were mixed with Benchmark keeping a Buy rating and Citizens holding a Market Perform rating.

Insider transactions

Ooma Inc. (NASDAQ: OOMA) Chief Executive Officer Eric Stang sold 25,888 shares of the company’s common stock on March 6, 2026, executing the trades at an average price of $14.2632 per share for an aggregate value of $369,245. The per-share prices for those shares ranged from $14.09 to $14.38.

In a separate filing with the Securities and Exchange Commission, Stang reported the disposition of 8,191 shares on March 8, 2026. That transaction was completed to satisfy withholding tax liabilities arising from the vesting of restricted stock units; those shares were recorded at $14.40 each for a total value of $117,950.


Post-transaction holdings

After these transactions, Stang’s direct ownership in Ooma stands at 899,959 shares. He also retains indirect ownership of 1,236,997 shares through the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust, as disclosed in the SEC filing.


Share price context and third-party valuation

The insider activity took place while Ooma shares were trading close to a 52-week high of $14.83, following an 11.5% advance over the prior week. An InvestingPro analysis cited in company materials indicates a Fair Value of $16.89 for the stock at current price levels; the analysis and the broader Pro Research Report are available for Ooma and more than 1,400 other U.S. equities.


Company financials and analyst reaction

Ooma released fiscal fourth-quarter 2026 results that outperformed analyst expectations on several measures. The company reported non-GAAP earnings per share of $0.34 versus the consensus estimate of $0.31. Revenue reached $74.6 million, a 15% year-over-year increase and above the estimated $71.9 million. Adjusted EBITDA came in at $11.5 million compared with analysts’ forecast of $10.2 million.

Following the results, Benchmark maintained a Buy rating on Ooma with a $20.00 price target, citing the company’s performance and market positioning. Citizens Financial reiterated a Market Perform rating, reflecting a more cautious view. The company’s emphasis on subscription services and high customer retention was specifically noted as a positive contributor to its recent financial strength.


Takeaway

The disclosed share sales by Ooma’s CEO occurred alongside strong quarterly operating results and differing analyst assessments. One portion of the March selling was explicitly tied to tax-withholding obligations from RSU vesting, while the larger block represented an open-market sale executed in early March as the stock traded near recent highs.

Risks

  • Analyst views remain split - Benchmark reaffirmed a Buy rating while Citizens maintained a Market Perform stance, indicating differing assessments of Ooma’s outlook and introducing analyst-driven uncertainty for investors in telecom and tech sectors.
  • The stock was trading near its 52-week high after an 11.5% one-week gain, which may reflect elevated price levels in the market for the company’s shares and could contribute to short-term volatility in the equities market.
  • Part of the March 8, 2026 transaction involved shares sold to cover withholding tax liabilities upon RSU vesting, highlighting that not all insider share movements are elective liquidity events and creating uncertainty about the motives behind the March 6 open-market sale.

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