CEO Eric B Stang sold 27.7K shares of OOMA at $18.50 on 2026-06-24 ($511.8K); stock down -16.0% from 52-week high.
Eric B Stang's sale of 27,666 shares at $18.50 reduces his stake by -3.3% to 818,718 shares, occurring when OOMA trades 16.0% below its 52-week high of $21.96. His prior OOMA sales—conducted on 2024-12-10, 2024-12-09, and 2024-12-06—each preceded near-term declines, with 90-day returns of -8.3%, -7.8%, and -9.1% respectively. His broader cross-ticker track record shows 3 prior sells with a 100.00% well-timed rate at the 90-day mark, indicating a consistent pattern of selling before downturns. Against the stock's recent 30-day gain of +5.8% and 90-day gain of +31.8%, this sale occurs as sentiment cools from the rally and at a valuation (P/E 55.91) elevated relative to fundamentals: $81.1M quarterly revenue with $2.6M net income and +6.5% annual growth.