Natan Israeli Sells 22,877 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTRGet Free Report) insider Natan Israeli sold 22,877 shares of Kaltura stock in a transaction on Monday, June 1st. The stock was sold at an average price of $1.57, for a total transaction of $35,916.89. Following the transaction, the insider directly owned 2,094,397 shares of the company’s stock, valued at approximately $3,288,203.29. This trade represents a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Wednesday, May 27th, Natan Israeli sold 200 shares of Kaltura stock. The shares were sold at an average price of $1.50, for a total transaction of $300.00.
  • On Friday, May 22nd, Natan Israeli sold 1,836 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total transaction of $2,772.36.
  • On Tuesday, May 19th, Natan Israeli sold 13,229 shares of Kaltura stock. The stock was sold at an average price of $1.52, for a total transaction of $20,108.08.
  • On Wednesday, May 20th, Natan Israeli sold 13,965 shares of Kaltura stock. The shares were sold at an average price of $1.52, for a total transaction of $21,226.80.
  • On Monday, May 18th, Natan Israeli sold 9,829 shares of Kaltura stock. The shares were sold at an average price of $1.50, for a total transaction of $14,743.50.
  • On Friday, May 15th, Natan Israeli sold 2,933 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total transaction of $4,399.50.
  • On Thursday, May 14th, Natan Israeli sold 6,334 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total transaction of $9,564.34.
  • On Wednesday, May 13th, Natan Israeli sold 28,882 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value of $43,611.82.
  • On Monday, May 4th, Natan Israeli sold 5,130 shares of Kaltura stock. The shares were 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 traded down $0.06 during mid-day trading on Wednesday, hitting $1.46. 73,966 shares of the stock were exchanged, compared to its average volume of 560,723. The firm’s 50-day simple moving average is $1.32 and its 200 day simple moving average is $1.45. The stock has a market capitalization of $219.55 million, a price-to-earnings ratio of -14.60 and a beta of 1.14. Kaltura, Inc. has a fifty-two week low of $1.06 and a fifty-two week high of $2.28.

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

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Wall Street Zen lowered shares of Kaltura from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Needham & Company LLC restated a “buy” rating and set a $3.00 target price on shares of Kaltura in a research 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 data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $3.00.

Check Out Our Latest Research Report on Kaltura

Institutional Trading of Kaltura

A number of institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets grew its holdings in shares of Kaltura by 70.3% during the 3rd 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 in the last quarter. GSA Capital Partners LLP raised its stake in Kaltura by 7.4% in the third quarter. GSA Capital Partners LLP now owns 111,532 shares of the company’s stock valued at $161,000 after purchasing an additional 7,695 shares in the last quarter. Rhumbline Advisers raised its stake 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 purchasing an additional 7,760 shares in the last quarter. Invesco Ltd. lifted its position in Kaltura by 21.4% during the second quarter. Invesco Ltd. now owns 46,288 shares of the company’s stock worth $93,000 after purchasing an additional 8,157 shares during the period. Finally, Hsbc Holdings PLC grew its stake in Kaltura by 27.9% during the fourth quarter. Hsbc Holdings PLC now owns 40,763 shares of the company’s stock worth $67,000 after buying an additional 8,901 shares in the last quarter. 30.79% of the stock is currently owned by institutional investors.

About Kaltura

(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.

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