Yesterday, the VP, General Counsel & Sec. of Ooma (NYSE: OOMA), Jackson Spencer, sold shares of OOMA for $68.7K.
Following Jackson Spencer D.’s last OOMA Sell transaction on June 19, 2018, the stock climbed by 1.6%. In addition to Jackson Spencer, one other OOMA executive reported Sell trades in the last month.
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Based on Ooma’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $30.22 million and GAAP net loss of $3.69 million. In comparison, last year the company earned revenue of $27.58 million and had a GAAP net loss of $3.39 million. Currently, Ooma has an average volume of 90.43K. The Company has a Price to Book ratio of 7.6138.
The insider sentiment on Ooma has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Ooma, Inc. is a holding company, which provides communications solutions and other connected services to small business, home and mobile users. It hybrid SaaS platform, consisting of their proprietary cloud, on-premise appliances, mobile applications, and end-point devices, provides the connectivity and functionality that power its solutions.
