Kaltura (NASDAQ:KLTR) Insider Sells $14,303.80 in Stock

Kaltura, Inc. (NASDAQ:KLTRGet Free Report) insider Eynav Azaria sold 10,217 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $1.40, for a total value of $14,303.80. Following the completion of the transaction, the insider owned 2,169,080 shares of the company’s stock, valued at $3,036,712. The trade was a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Eynav Azaria also recently made the following trade(s):

  • On Wednesday, June 17th, Eynav Azaria sold 4,448 shares of Kaltura stock. The shares were sold at an average price of $1.43, for a total value of $6,360.64.
  • On Tuesday, June 16th, Eynav Azaria sold 12,073 shares of Kaltura stock. The stock was sold at an average price of $1.48, for a total value of $17,868.04.
  • On Monday, June 15th, Eynav Azaria sold 19,456 shares of Kaltura stock. The stock was sold at an average price of $1.48, for a total value of $28,794.88.
  • On Friday, June 12th, Eynav Azaria sold 13,242 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $18,671.22.
  • 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 shares were 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 stock was sold at an average price of $1.41, for a total value 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 value of $11,638.14.
  • On Thursday, June 4th, Eynav Azaria sold 16,218 shares of Kaltura stock. The shares were sold at an average price of $1.44, for a total value of $23,353.92.
  • On Friday, June 5th, Eynav Azaria sold 2,765 shares of Kaltura stock. The shares were sold at an average price of $1.43, for a total transaction of $3,953.95.

Kaltura Price Performance

NASDAQ:KLTR opened at $1.35 on Thursday. Kaltura, Inc. has a one year low of $1.05 and a one year high of $2.06. The company has a market cap of $203.01 million, a PE ratio of -13.50 and a beta of 1.14. The firm’s 50 day simple moving average is $1.40 and its 200 day simple moving average is $1.43.

Kaltura (NASDAQ:KLTRGet Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $44.63 million during the quarter, compared to analysts’ expectations of $43.00 million. Kaltura had a negative net margin of 8.25% and a negative return on equity of 35.91%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on KLTR shares. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 target price on shares of Kaltura in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Kaltura in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Kaltura presently has a consensus rating of “Hold” and a consensus price target of $3.00.

Get Our Latest Research Report on KLTR

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets increased its position in shares of Kaltura by 70.3% during the third quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock worth $25,000 after buying an additional 7,184 shares during the period. GSA Capital Partners LLP raised its stake in Kaltura by 7.4% during the third quarter. GSA Capital Partners LLP now owns 111,532 shares of the company’s stock worth $161,000 after buying an additional 7,695 shares during the last quarter. Rhumbline Advisers lifted its holdings in Kaltura by 10.7% in the first quarter. Rhumbline Advisers now owns 80,304 shares of the company’s stock valued at $151,000 after buying an additional 7,760 shares during the period. Invesco Ltd. lifted its holdings in Kaltura by 21.4% in the second quarter. Invesco Ltd. now owns 46,288 shares of the company’s stock valued at $93,000 after buying an additional 8,157 shares during the period. Finally, Hsbc Holdings PLC boosted its position in Kaltura by 27.9% during the fourth quarter. Hsbc Holdings PLC now owns 40,763 shares of the company’s stock valued at $67,000 after acquiring an additional 8,901 shares during the last quarter. Institutional investors and hedge funds own 30.79% of the company’s stock.

Kaltura Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Kaltura (NASDAQ:KLTR)

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