The CEO's material open-market selling without a disclosed 10b5-1 plan is a bearish signal, especially given the cluster's timing. Monitor upcoming earnings or any material corporate events (e.g., guidance, M&A) that may have prompted the sales.
Price Chart
Executive Summary
OOMA insiders, including the President & CEO, executed a cluster of open-market sales totaling approximately $947K over a 7-day window. The CEO alone sold ~$845K worth of shares, representing the bulk of the cluster. Tax-withholding transactions (non-cash) also occurred but are not economically meaningful. The total open-market sales represent roughly 0.3% of OOMA's market cap, a modest but notable amount, and the CEO's concentrated selling outside a 10b5-1 plan warrants attention.
Key Financial Metrics
Key Facts
- President & CEO Eric Stang sold ~36,300 shares for ~$845K in open-market transactions over the cluster window.
- SVP & Chief Legal Officer Jenny Yeh sold ~1,900 shares for ~$45K; VP & Chief Accounting Officer Namrata Sabharwal sold ~2,500 shares for ~$58K.
- Tax-withholding transactions (non-cash) also occurred for the CEO, CFO, and CAO, totaling ~$340K in shares surrendered.
- Total open-market sales of ~$947K represent approximately 0.3% of OOMA's market cap.
- No 10b5-1 plan indication was noted for the CEO's sales, reducing the likelihood of routine liquidity-driven selling.
Financial Impact
Open-market insider sales of ~$947K, or ~0.3% of market cap, concentrated in the CEO.
Risk Factors
- CEO selling could indicate insider pessimism about near-term prospects or valuation.
- Cluster selling may pressure the stock if retail or institutional investors follow the signal.
- No disclosed 10b5-1 plan raises the risk of informed selling ahead of negative news.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OOMA-1789620182888 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G/A | $19.82 | awaiting T+20 | awaiting T+20 | $20.06 (+1.21%) |
Sep 28, 2026 4w ago | Insider Cluster | $21.29 $20.06 | ▼ −5.78% | ▼ −6.49% | $20.06 (−5.78%) |
Sep 24, 2026 4w ago | Insider Cluster | $21.77 $19.77 | ▼ −9.19% | ▼ −7.71% | $20.06 (−7.85%) |
Sep 21, 2026 5w ago | Insider Cluster | $22.22 $19.90 | ▲ +10.44% | ▲ +9.88% | $20.06 (+9.72%) |
Sep 21, 2026 5w ago | Insider Cluster | $22.22 $19.90 | ▲ +10.44% | ▲ +9.88% | $20.06 (+9.72%) |
Sep 16, 2026 6w ago | Insider Cluster | $22.35 $20.48 | ▲ +8.37% | ▲ +9.82% | $20.06 (+10.25%) |
Sep 16, 2026 6w ago | Insider Cluster | $22.35 $20.48 | ▲ +8.37% | ▲ +9.57% | $20.06 (+10.25%) |
Sep 14, 2026 6w ago | Insider Cluster | $22.66 $20.18 | ▲ +10.94% | ▲ +13.92% | $20.06 (+11.47%) |
Sep 14, 2026 6w ago | 144 | $22.81 $20.04 | ▲ +12.14% | ▲ +14.41% | $20.06 (+12.06%) |
Sep 3, 2026 7w ago | Insider Cluster | $23.20 $21.00 | ▼ −9.48% | ▼ −10.34% | $20.06 (−13.53%) |
US Market Status
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