Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ooma Inc shares valued at $215,837 were sold by Galligan Andrew H on Dec 17 ’24. At $14.56 per share, Galligan Andrew H sold 14,824 shares. The insider’s holdings dropped to 241,932 shares worth approximately $3.36 million following the completion of this transaction.
Also, Gustke James A. purchased 5,487 shares, netting a total of over 79,466 in proceeds.
Before that, Galligan Andrew H had added 14,824 shares to its account. In a trade valued at $216,875, the Director bought Ooma Inc shares for $14.63 each.
As published in their initiating research note from Lake Street on June 17, 2024, Ooma Inc [OOMA] has been a Buy and the price target has been revised to $14. As of February 02, 2022, Colliers Securities has initiated its “Buy” rating for OOMA. Earlier on July 22, 2020, The Benchmark Company initiated its rating. Their recommendation was “a Buy” for OOMA stock.
Analyzing OOMA Stock Performance
During the last five days, there has been a drop of approximately -1.14%. Over the course of the year, Ooma Inc shares have dropped approximately -1.14%. Shares of the company reached a 52-week high of $14.51 on 01/02/25 and a 52-week low of $13.44 on 01/08/25. A 50-day SMA is recorded $14.02, while a 200-day SMA reached $10.46. Nevertheless, trading volume fell to 0.13 million shares from 0.12 million shares the previous day.
Support And Resistance Levels for Ooma Inc (OOMA)
According to the 24-hour chart, there is a support level at 13.56, which, if violated, would cause prices to drop to 13.23. In the upper region, resistance lies at 14.11. The next price resistance is at 14.33. RSI (Relative Strength Index) is 44.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.30, which suggests the price will decrease in the coming days. Percent R is at 71.07%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
