Natan Israeli Sells 28,882 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTRGet Free Report) insider Natan Israeli sold 28,882 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $1.51, for a total value of $43,611.82. Following the completion of the transaction, the insider owned 2,214,249 shares in the company, valued at $3,343,515.99. This represents a 1.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Natan Israeli also recently made the following trade(s):

  • On Monday, May 4th, Natan Israeli sold 5,130 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total value of $7,695.00.
  • On Tuesday, April 28th, Natan Israeli sold 1,100 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value of $1,661.00.

Kaltura Stock Performance

NASDAQ:KLTR opened at $1.46 on Monday. The stock’s 50 day moving average price is $1.29 and its 200 day moving average price is $1.45. Kaltura, Inc. has a 52 week low of $1.06 and a 52 week high of $2.28. The company has a market capitalization of $219.55 million, a P/E ratio of -14.60 and a beta of 1.11.

Kaltura (NASDAQ:KLTRGet Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.01 EPS for the quarter. Kaltura had a negative return on equity of 35.91% and a negative net margin of 8.25%.The firm had revenue of $44.63 million for the quarter, compared to the consensus estimate of $43.00 million.

Institutional Investors Weigh In On Kaltura

A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its position in 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 purchasing an additional 7,184 shares during the period. GSA Capital Partners LLP boosted its position 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 purchasing an additional 7,695 shares during the period. Rhumbline Advisers boosted its position in Kaltura by 10.7% during the first quarter. Rhumbline Advisers now owns 80,304 shares of the company’s stock worth $151,000 after purchasing an additional 7,760 shares during the period. Invesco Ltd. boosted its position in shares of 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 acquiring an additional 8,157 shares during the period. Finally, Hsbc Holdings PLC boosted its position in shares of Kaltura by 27.9% in 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 period. Institutional investors own 30.79% of the company’s stock.

Analyst Upgrades and Downgrades

KLTR has been the topic of a number of research reports. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Needham & Company LLC restated a “buy” rating and issued 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Kaltura has a consensus rating of “Hold” and an average price target of $3.00.

View Our Latest Analysis on Kaltura

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.

Read More

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

Receive News & Ratings for Kaltura Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kaltura and related companies with MarketBeat.com's FREE daily email newsletter.