Ooma Inc (OOMA) Files Form 4 Insider Selling : James A. Gustke Sells 11,836 Shares

Ooma Inc (OOMA): James A. Gustke , Vice President of Marketing of Ooma Inc sold 11,836 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $9.06 per share for a total value of $107,244.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 19, 2016, Spencer D. Jackson (VP, General Counsel & Sec.) sold 12,720 shares at $9.18 per share price.On Sep 19, 2016, James A. Gustke (Vice President of Marketing) sold 4,000 shares at $9.02 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 Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.04 points or -0.44% at $9.06 with 1,43,002 shares getting traded. Post opening the session at $9.05, the shares hit an intraday low of $8.99 and an intraday high of $9.08 and the price vacillated in this range throughout the day. The company has a market cap of $158 M and the number of outstanding shares has been calculated to be 1,74,03,580 shares. The 52-week high of Ooma Inc is $9.92 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.

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