Ooma Inc (OOMA) Files Form 4 Insider Selling : James A. Gustke Sells 6,000 Shares

Ooma Inc (OOMA): James A. Gustke , Vice President of Marketing of Ooma Inc sold 6,000 shares on Jul 20, 2016. The Insider selling transaction was reported by the company on Jul 21, 2016 to the Securities and Exchange Commission. The shares were sold at $8.46 per share for a total value of $50,773.20 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 6, 2016, Spencer D. Jackson (VP, General Counsel & Sec.) sold 6,500 shares at $7.96 per share price.On Jun 21, 2016, James A. Gustke (Vice President of Marketing) sold 6,000 shares at $7.94 per share price.Also, On Sep 29, 2015, Eric B Stang (CEO) purchased 7,000 shares at $6.65 per share price.On Sep 29, 2015, Ravi Narula (CFO) purchased 3,000 shares at $7.10 per share price.

Shares of Ooma Inc (OOMA) ended Wednesday, Jul 20, 2016 session in red amid volatile trading. The shares closed down -0.22 points or -2.55% at $8.4 with 53,935 shares getting traded. Post opening the session at $8.61, the shares hit an intraday low of $8.311 and an intraday high of $8.63 and the price vacillated in this range throughout the day. The company has a market cap of $145 M and the number of outstanding shares has been calculated to be 1,72,15,797 shares. The 52-week high of Ooma Inc is $11.45 and the 52-week low is $5.43.

Ooma Inc Money Flow Index Chart

Ooma Inc. is a provider of communications solutions and other connected services to small business home and mobile users. The Company’s hybrid software as a service (SaaS) platform consisting of its cloud on-premise appliances mobile applications and end-point devices provides the connectivity and functionality that powers its solutions. The Company’s products include Ooma Office for small businesses Business Promoter Ooma Telo for home Ooma end-point devices Ooma Premier Service for Telo and Talkatone Application. Business Promoter is a service that helps businesses generate new customer leads. The Company offers an international calling plan that allows users to make unlimited calls to 61 countries around the world. Calls can be made from the Ooma Telo or from the Ooma Mobile HD application. Users can have their voicemail messages converted into text and have it sent to the user via e-mail so they can read the content of the voicemail.

Leave a Reply

Ooma Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Ooma Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.