4 days Ago By ABMN Staff
Russell Investments Group Ltd. cut its holdings in Ooma, Inc. ( NYSE:OOMA – Free Report ) by 27.
5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 325,557 shares of the technology company’s stock after selling 123,363 shares during the period. Russell Investments Group Ltd.
’s holdings in Ooma were worth $4,577,000 at the end of the most recent reporting period. Several other institutional investors also recently bought and sold shares of OOMA. Quantbot Technologies LP purchased a new stake in Ooma in the fourth quarter valued at approximately $92,000.
EntryPoint Capital LLC purchased a new stake in shares of Ooma during the 4th quarter valued at $153,000. SG Americas Securities LLC increased its holdings in shares of Ooma by 26.4% during the 4th quarter.
SG Americas Securities LLC now owns 12,768 shares of the technology company’s stock worth $180,000 after buying an additional 2,663 shares during the last quarter. ExodusPoint Capital Management LP purchased a new position in shares of Ooma in the 4th quarter worth $189,000. Finally, Wells Fargo & Company MN boosted its holdings in Ooma by 29.
3% in the fourth quarter. Wells Fargo & Company MN now owns 15,295 shares of the technology company’s stock valued at $215,000 after acquiring an additional 3,466 shares during the last quarter. 80.
42% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes Several equities research analysts have commented on OOMA shares. Benchmark upped their price target on Ooma from $17.
00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Lake Street Capital decreased their target price on Ooma from $18.
00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock.
According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $17.63.
Ooma Stock Up 2.3 % Shares of Ooma stock opened at $12.46 on Wednesday.
The company has a fifty day moving average price of $13.69 and a 200 day moving average price of $13.62.
The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.
04. Ooma, Inc. has a twelve month low of $6.
50 and a twelve month high of $17.00. The stock has a market cap of $343.
76 million, a price-to-earnings ratio of -33.66 and a beta of 1.06.
Ooma Company Profile ( Free Report ) Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution. Further Reading Want to see what other hedge funds are holding OOMA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Ooma, Inc. ( NYSE:OOMA – Free Report ). Receive News & Ratings for Ooma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ooma and related companies with MarketBeat.
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