Kaltura, Inc. (NASDAQ:KLTR – Get Free Report) insider Eynav Azaria sold 13,242 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $1.41, for a total value of $18,671.22. Following the completion of the transaction, the insider directly owned 2,215,274 shares of the company’s stock, valued at approximately $3,123,536.34. This trade represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Eynav Azaria also recently made the following trade(s):
- On Thursday, June 11th, Eynav Azaria sold 4,219 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $5,948.79.
- On Wednesday, June 10th, Eynav Azaria sold 8,344 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $11,765.04.
- On Tuesday, June 9th, Eynav Azaria sold 6,975 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total transaction of $9,834.75.
- On Monday, June 8th, Eynav Azaria sold 8,254 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total transaction of $11,638.14.
- On Thursday, June 4th, Eynav Azaria sold 16,218 shares of Kaltura stock. The stock was sold at an average price of $1.44, for a total transaction of $23,353.92.
- On Friday, June 5th, Eynav Azaria sold 2,765 shares of Kaltura stock. The stock was sold at an average price of $1.43, for a total value of $3,953.95.
- On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The stock was sold at an average price of $1.49, for a total value of $648.15.
- On Tuesday, June 2nd, Eynav Azaria sold 7,412 shares of Kaltura stock. The stock was sold at an average price of $1.53, for a total transaction of $11,340.36.
- On Tuesday, May 5th, Eynav Azaria sold 869 shares of Kaltura stock. The shares were sold at an average price of $1.46, for a total transaction of $1,268.74.
- On Monday, May 4th, Eynav Azaria sold 17,671 shares of Kaltura stock. The stock was sold at an average price of $1.47, for a total transaction of $25,976.37.
Kaltura Trading Down 1.7%
Shares of KLTR traded down $0.03 during midday trading on Tuesday, reaching $1.46. 238,529 shares of the company were exchanged, compared to its average volume of 544,639. Kaltura, Inc. has a 1-year low of $1.06 and a 1-year high of $2.13. The stock has a 50-day moving average price of $1.36 and a 200-day moving average price of $1.44. The company has a market cap of $218.80 million, a price-to-earnings ratio of -14.55 and a beta of 1.14.
Institutional Trading of Kaltura
Several hedge funds have recently made changes to their positions in KLTR. Vanguard Group Inc. grew its stake in Kaltura by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,010,605 shares of the company’s stock worth $7,215,000 after buying an additional 79,633 shares during the last quarter. Geode Capital Management LLC lifted its stake in Kaltura by 6.4% in the fourth quarter. Geode Capital Management LLC now owns 2,043,747 shares of the company’s stock valued at $3,352,000 after buying an additional 122,548 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Kaltura by 5.2% during the fourth quarter. Russell Investments Group Ltd. now owns 1,704,197 shares of the company’s stock valued at $2,796,000 after acquiring an additional 83,792 shares during the period. State Street Corp grew its position in shares of Kaltura by 9.2% during the fourth quarter. State Street Corp now owns 1,598,453 shares of the company’s stock worth $2,621,000 after acquiring an additional 135,092 shares during the last quarter. Finally, Tocqueville Asset Management L.P. grew its position in shares of Kaltura by 69.5% during the third quarter. Tocqueville Asset Management L.P. now owns 1,402,383 shares of the company’s stock worth $2,019,000 after acquiring an additional 575,000 shares during the last quarter. Institutional investors own 30.79% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently issued reports on the stock. Wall Street Zen lowered shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Needham & Company LLC reissued a “buy” rating and set a $3.00 price objective on shares of Kaltura in a report on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Kaltura presently has a consensus rating of “Hold” and a consensus target price of $3.00.
Check Out Our Latest Analysis on Kaltura
Kaltura Company Profile
Kaltura, Inc (NASDAQ: KLTR) is a leading provider of video technology solutions designed to empower organizations to create, manage, distribute and monetize video content at scale. The company’s cloud-native platform supports an array of use cases including enterprise communications, online learning, virtual events, media delivery and over-the-top (OTT) television services. By combining open-source roots with software-as-a-service (SaaS) flexibility, Kaltura offers organizations the ability to tailor their video workflows and integrate seamlessly with existing collaboration, learning management and content management systems.
Key offerings from Kaltura include a comprehensive video management system, live streaming and video conferencing capabilities, lecture capture for educational institutions, virtual events and webinars, and turnkey OTT solutions.
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