Kaltura, Inc. (NASDAQ:KLTR – Get Free Report) Director Eyal Manor sold 20,795 shares of Kaltura stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $1.58, for a total value of $32,856.10. Following the transaction, the director directly owned 249,965 shares of the company’s stock, valued at approximately $394,944.70. This represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Eyal Manor also recently made the following trade(s):
- On Friday, August 28th, Eyal Manor sold 993 shares of Kaltura stock. The shares were sold at an average price of $1.60, for a total transaction of $1,588.80.
- On Wednesday, August 26th, Eyal Manor sold 21,638 shares of Kaltura stock. The stock was sold at an average price of $1.53, for a total transaction of $33,106.14.
- On Wednesday, August 5th, Eyal Manor sold 138,143 shares of Kaltura stock. The shares were sold at an average price of $1.92, for a total transaction of $265,234.56.
- On Friday, June 26th, Eyal Manor sold 8,825 shares of Kaltura stock. The shares were sold at an average price of $1.29, for a total transaction of $11,384.25.
- On Thursday, June 25th, Eyal Manor sold 34,601 shares of Kaltura stock. The shares were sold at an average price of $1.30, for a total value of $44,981.30.
Kaltura Price Performance
NASDAQ:KLTR traded down $0.01 during trading hours on Monday, reaching $1.59. 54,231 shares of the company traded hands, compared to its average volume of 575,751. The firm’s 50-day moving average is $1.45 and its 200-day moving average is $1.39. The stock has a market cap of $242.55 million, a P/E ratio of -17.66 and a beta of 1.15. Kaltura, Inc. has a 1-year low of $1.05 and a 1-year high of $2.05.
Analyst Ratings Changes
KLTR has been the topic of several recent analyst reports. Wall Street Zen upgraded Kaltura from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $3.00 price objective on shares of Kaltura in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $3.00.
View Our Latest Report on Kaltura
Hedge Funds Weigh In On Kaltura
Large investors have recently modified their holdings of the company. BNP Paribas Financial Markets increased its holdings in Kaltura by 70.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock valued at $25,000 after purchasing an additional 7,184 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of Kaltura in the second quarter worth about $28,000. Citadel Advisors LLC purchased a new stake in shares of Kaltura in the third quarter worth about $35,000. Acuitas Investments LLC acquired a new stake in shares of Kaltura in the first quarter valued at about $37,000. Finally, EntryPoint Capital LLC acquired a new stake in shares of Kaltura in the fourth quarter valued at about $38,000. 30.79% of the stock is currently owned by hedge funds and other institutional investors.
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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