OOMA stock icon

Ooma
OOMA

$9.07
1.68%
 

About: Ooma Inc is a communications services company. It is a smart software-as-a-service ("SaaS") and unified communications platform that deliver voice and collaboration features including messaging, intelligent virtual attendants and video conferencing, and residential phone service provides PureVoice high-definition voice quality, advanced functionality and integration with mobile devices. Its services rely upon the following main elements: multi-tenant cloud service, on-premise devices, desktop and mobile applications, and calling platforms. Ooma generates revenues from the sale of subscriptions and other services.

Employees: 1,221

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0.19% more ownership

Funds ownership: 74.52% [Q4 2023] → 74.71% (+0.19%) [Q1 2024]

6% less funds holding

Funds holding: 101 [Q4 2023] → 95 (-6) [Q1 2024]

20% less capital invested

Capital invested by funds: $206M [Q4 2023] → $164M (-$41.8M) [Q1 2024]

37% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 41

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

98% less call options, than puts

Call options by funds: $6K | Put options by funds: $321K

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$14
54%
upside
Avg. target
$14.50
60%
upside
High target
$15
65%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Lake Street
54%upside
$14
Buy
Initiated
17 Jun 2024
Benchmark
Matthew Harrigan
65%upside
$15
Buy
Maintained
13 Mar 2024
B. Riley Securities
Josh Nichols
60%upside
$14.5
Buy
Reiterated
6 Mar 2024
Alliance Global Partners
Brian Kinstlinger
60%upside
$14.5
Buy
Maintained
6 Mar 2024

Financial journalist opinion

Based on 9 articles about OOMA published over the past 30 days