Open-market sales are small relative to market cap and lack a non-routine catalyst, making a material bearish read unlikely. Monitor for any quarterly filing (next 10-Q or 8-K 2.02) that could clarify whether the sales are opportunistic ahead of soft results or purely liquidity-driven. No immediate trade signal.
Price Chart
Executive Summary
Two OOMA insiders, the CFO and Chief Legal Officer, sold a combined $319K in open-market shares over a five-day window. The CFO's sale of $107K follows a prior open-market sale and tax-withholding event on the same date, while the CLO's $212K sale was her first open-market disposal of the period. Non-cash tax-withholding transactions from the CEO, CFO, and CLO on September 1 also surrendered shares worth $221K, $67K, and $84K respectively. While the cluster is a modest 0.05% of market cap and below the materiality threshold, the CFO's sequential cash sales and the CLO's large open-market sale warrant monitoring for any operational update.
Key Financial Metrics
Key Facts
- CFO Hamamatsu sold 4,807 shares open-market @ $22.33 for $107,340 on Sep 1, same day as tax-withholding surrender of 3,081 shares
- CLO Yeh sold 9,100 shares open-market @ ~$23.18 across Aug 27–Sep 3, totaling ~$212K
- CEO Stang surrendered 10,113 shares for tax withholding on Sep 1 at $21.88 ($221K)
- Total open-market sales: $319K = 0.05% of $620M market cap, well below the 0.1% materiality floor
- 60% win rate on prior OOMA reports (n=10) with avg T+20 alpha +4.62%
- No non-routine cross-filing context (earnings, M&A, offering, restatement) to amplify signal
Financial Impact
$319K in open-market sales, 0.05% of market cap
Risk Factors
- CFO has now sold open-market shares in consecutive months, which could foreshadow a negative surprise if preceding a quarterly release
- CLO's large open-market sale is a single insider event and may be standalone diversification, not a signal
- Tax-withholding surrenders reflect equity vesting, not discretionary selling, and are non-informative
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OOMA-1788505805106 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | Insider Cluster | $22.66 $22.73 | ▼ −0.31% | ▲ +0.51% | $20.80 (+8.21%) |
Sep 14, 2026 18d ago | 144 | $22.81 $22.96 | ▼ −0.66% | ▼ −0.55% | $20.80 (+8.81%) |
Sep 3, 2026 29d ago | Insider Cluster | $23.38 $22.77 | ▼ −2.61% | ▼ −1.46% | $20.80 (−11.04%) |
Sep 3, 2026 29d ago | Insider Cluster | $23.38 $22.77 | ▼ −2.61% | ▼ −1.46% | $20.80 (−11.04%) |
Jul 20, 2026 10w ago | Insider Cluster | $20.91 $20.78 | ▼ −0.62% | ▲ +0.61% | $20.80 (−0.53%) |
Jul 13, 2026 11w ago | Insider Cluster | $20.41 $20.67 | ▲ +1.27% | ▲ +2.06% | $20.80 (+1.91%) |
Jul 7, 2026 12w ago | Insider Cluster | $20.20 $20.54 | ▼ −1.68% | ▼ −1.13% | $20.80 (−2.97%) |
Jun 26, 2026 14w ago | Insider Cluster | $19.44 $19.80 | ▼ −1.85% | ▼ −0.46% | $20.80 (−7.00%) |
Jun 24, 2026 14w ago | 144 | $17.55 $19.60 | ▲ +11.68% | ▲ +10.12% | $20.80 (+18.52%) |
May 26, 2026 18w ago | 8-K | $17.43 $17.65 | ▲ +1.26% | ▲ +0.05% | $20.80 (+19.33%) |
US Market Status
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