Insider Sell: Shigeyuki Hamamatsu Sells 35,313 Shares of Ooma Inc (OOMA)

Author's Avatar
Dec 13, 2024
Article's Main Image

On December 10, 2024, Shigeyuki Hamamatsu, the Chief Financial Officer of Ooma Inc, executed a sale of 35,313 shares of the company, as reported in the SEC Filing. Following this transaction, the insider now holds 165,301 shares of Ooma Inc. Ooma Inc (OOMA, Financial) is a company that provides innovative communication solutions and services to both residential and business customers. The company's offerings include cloud-based telephony services, which are designed to deliver high-quality voice communication and advanced features. 1867360078294839296.png The insider transaction history for Ooma Inc indicates that there have been two insider buys and five insider sells over the past year. This recent sale by Shigeyuki Hamamatsu contributes to the trend of insider selling within the company. On the day of the transaction, shares of Ooma Inc were trading at $15.51, giving the stock a market cap of $405.752 million. The stock's GF Value was estimated at $14.03, resulting in a price-to-GF-Value ratio of 1.11, indicating that the stock is fairly valued according to its GF Value. 1867360117972955136.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.