Eric B Stang

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.

CEO Stang sold 110,231 shares (8.0% of holdings) across 3 trades for $1.7M at blended avg $15.14

STANG ERIC B, CEO and Pres., executed 3 separate sales totaling 110,231 shares for $1,668,914.23 between December 6–10, 2024, reducing his post-transaction holdings to 1,265,990 shares from 1,376,221 shares. The sales occurred during a period of strong price momentum (30-day +17.9%, 90-day +40.5%) and near the 52-week high of $16.04, with the stock now at $15.57 and still up significantly from longer-term lows of $6.71. His prior two purchases at OOMA (December 2023) both showed negative 90-day returns (-15.4% and -11.0%), establishing a pattern in which his prior timing at this ticker has not been favorable. The company remains unprofitable (net income $-2.4M on revenue $65.1M) despite 9.5% annual growth, creating an environment where execution and fundamentals matter considerably. The timing of this liquidation during a momentum surge warrants attention to whether the insider views the recent rally as unsustainable relative to underlying performance.