Woodson Capital Management LP lowered its position in Ooma, Inc. (NYSE:OOMA – Get Rating) by 1.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,400,000 shares of the technology company's stock after selling 14,708 shares during the quarter. Ooma accounts for about 2.3% of Woodson Capital Management LP's investment portfolio, making the stock its 15th biggest position. Woodson Capital Management LP owned about 0.06% of Ooma worth $16,576,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in OOMA. Bank of America Corp DE boosted its holdings in shares of Ooma by 3.2% in the first quarter. Bank of America Corp DE now owns 42,837 shares of the technology company's stock valued at $641,000 after acquiring an additional 1,325 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Ooma by 5.7% in the second quarter. Rhumbline Advisers now owns 26,396 shares of the technology company's stock valued at $313,000 after acquiring an additional 1,428 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in shares of Ooma by 43.6% in the second quarter. Lazard Asset Management LLC now owns 6,375 shares of the technology company's stock valued at $75,000 after acquiring an additional 1,936 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Ooma by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 112,250 shares of the technology company's stock valued at $1,682,000 after acquiring an additional 2,625 shares in the last quarter. Finally, Amalgamated Bank bought a new position in shares of Ooma in the first quarter valued at approximately $48,000. Institutional investors and hedge funds own 80.68% of the company's stock.
Get Ooma alerts:Analyst Ratings Changes
Several research analysts have recently issued reports on the stock. Benchmark increased their price objective on shares of Ooma to $24.00 in a report on Friday, December 2nd. StockNews.com assumed coverage on shares of Ooma in a report on Wednesday, October 12th. They issued a "buy" rating for the company.
Ooma Trading Down 0.8 %
NYSE:OOMA traded down $0.12 during trading hours on Friday, reaching $14.43. 67,366 shares of the company's stock were exchanged, compared to its average volume of 51,143. Ooma, Inc. has a 12 month low of $10.82 and a 12 month high of $21.89. The business's 50-day simple moving average is $15.07 and its two-hundred day simple moving average is $13.41.About Ooma
(Get Rating)
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 Office Pro, which offers various services, including HD video meetings, call recording, enhanced call blocking, and voicemail transcription; Ooma Connect, which delivers fixed wireless internet connectivity; Ooma Managed Wi-Fi, a plug-and-play enterprise-grade Wi-Fi solution; and Ooma Enterprise, a unified-communications-as-a-service solution.
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