State of Wyoming Makes New Investment in Ooma, Inc. $OOMA

Posted by Brian Himes on Aug 18th, 2026

State of Wyoming bought a new stake in shares of Ooma, Inc. (NYSE:OOMA – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 26,944 shares of the technology company’s stock, valued at approximately $518,000.

A number of other large investors also recently made changes to their positions in the business. Hillsdale Investment Management Inc. purchased a new stake in shares of Ooma in the first quarter worth approximately $5,847,000. Nano Cap New Millennium Growth Fund L P purchased a new position in Ooma during the fourth quarter valued at approximately $1,877,000. Two Sigma Investments LP increased its stake in Ooma by 419.6% in the 3rd quarter. Two Sigma Investments LP now owns 188,635 shares of the technology company’s stock valued at $2,262,000 after buying an additional 152,328 shares during the period. Jacobs Levy Equity Management Inc. acquired a new position in Ooma in the 4th quarter valued at approximately $1,774,000. Finally, Millennium Management LLC increased its stake in Ooma by 81.6% in the 1st quarter. Millennium Management LLC now owns 316,564 shares of the technology company’s stock valued at $4,144,000 after buying an additional 142,220 shares during the period. Institutional investors and hedge funds own 80.42% of the company’s stock.

Ooma Price Performance

Shares of Ooma stock opened at $20.04 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The firm has a fifty day simple moving average of $19.73 and a 200-day simple moving average of $16.60. The stock has a market capitalization of $551.10 million, a price-to-earnings ratio of 62.63 and a beta of 1.19. Ooma, Inc. has a 1-year low of $9.79 and a 1-year high of $22.72.

Ooma (NYSE:OOMA – Get Free Report) last posted its earnings results on Tuesday, May 26th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. The business had revenue of $81.15 million for the quarter, compared to analyst estimates of $79.84 million. Ooma had a net margin of 3.17% and a return on equity of 20.21%. Ooma has set its FY 2027 guidance at 1.290-1.340 EPS and its Q2 2027 guidance at 0.330-0.340 EPS. On average, sell-side analysts expect that Ooma, Inc. will post 0.8 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on OOMA. B. Riley Financial reissued a “buy” rating on shares of Ooma in a research note on Monday, May 18th. William Blair set a $24.00 price target on shares of Ooma in a research note on Monday. Citigroup reaffirmed a “market perform” rating on shares of Ooma in a research note on Wednesday, May 27th. UBS Group set a $24.00 price objective on Ooma in a report on Wednesday, May 27th. Finally, Lake Street Capital lifted their price objective on Ooma from $18.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.75.

Read Our Latest Report on OOMA

Insider Activity at Ooma

In related news, CFO Shigeyuki Hamamatsu sold 27,696 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $17.64, for a total transaction of $488,557.44. Following the completion of the transaction, the chief financial officer owned 193,283 shares of the company’s stock, valued at approximately $3,409,512.12. The trade was a 12.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Eric B. Stang sold 23,212 shares of the business’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $20.00, for a total value of $464,240.00. Following the transaction, the chief executive officer directly owned 795,506 shares of the company’s stock, valued at $15,910,120. This represents a 2.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 118,652 shares of company stock valued at $2,225,186. 9.90% of the stock is owned by corporate insiders.

Ooma Company Profile

(Free Report)

Ooma, Inc, headquartered in Sunnyvale, California, is a leading provider of communication services for residential and business customers. Since its founding in 2004, Ooma has built a cloud-based platform that leverages Voice over Internet Protocol (VoIP) technology to deliver voice, video and data services over broadband networks. The company went public on the New York Stock Exchange in 2015 under the ticker OOMA and has continued to expand its service portfolio to meet evolving customer demands.

For residential users, Ooma offers an all-in-one home phone service that includes its flagship Telo device, mobile and web applications, and optional smart home security features.