Ooma CEO Eric Stang Sells $920K of Stock in Open Market
OOMA has more than doubled off its 52-week low of $9.793.
Summary
Ooma CEO Eric Stang sold $920K of stock in open market transactions on September 10-11, 2026, continuing a pattern of insider selling.
Key Events · Ownership and Investor Activity · OOMA
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CEO Sells $920K in Open Market
Eric Stang sold 40,000 shares at $22.75-$23.08 for $919,710 on September 10-11, 2026.
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Tax Withholding on RSU Vesting
Stang delivered 9,431 shares at $22.67 to cover tax withholding on vested restricted stock units.
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Continuing Insider Selling Pattern
This follows a $511,821 sale by Stang in June 2026 and a $504K sale by the Chief Legal Officer in September 2026.
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Post-Transaction Holdings
Stang retains 1,199,941 shares directly and indirectly through the Stang Family Trust.
Analysis · OOMA · Technology
CEO Eric Stang sold 40,000 shares for $919,710 across two days, adding to a pattern of insider selling at Ooma. The sale represents 0.18% of the company's market cap and follows a $511,821 sale in June 2026. While the CEO retains over 1.19 million shares, the continued distribution by the top executive is a notable negative signal for investors.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OOMA was trading at $22.81 on NYSE in the Technology sector, with a market capitalization of approximately $629.6M. The 52-week trading range was $9.79 to $26.19. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.