Kaltura, Inc. (NASDAQ:KLTR – Get Free Report) insider Eynav Azaria sold 8,344 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $1.41, for a total value of $11,765.04. Following the transaction, the insider owned 2,232,735 shares in the company, valued at $3,148,156.35. This trade represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 Friday, June 12th, Eynav Azaria sold 13,242 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total transaction 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 transaction of $5,948.79.
- 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 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 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 value of $3,953.95.
- On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The shares were 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 value of $11,340.36.
- On Tuesday, May 5th, Eynav Azaria sold 869 shares of Kaltura stock. The stock was 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 shares were sold at an average price of $1.47, for a total transaction of $25,976.37.
Kaltura Stock Down 2.0%
NASDAQ KLTR opened at $1.45 on Wednesday. Kaltura, Inc. has a 52 week low of $1.06 and a 52 week high of $2.13. The firm has a 50 day moving average of $1.37 and a two-hundred day moving average of $1.44. The stock has a market capitalization of $218.05 million, a PE ratio of -14.50 and a beta of 1.14.
Analysts Set New Price Targets
A number of brokerages have recently commented on KLTR. Needham & Company LLC reaffirmed a “buy” rating and issued a $3.00 target price on shares of Kaltura in a report on Wednesday, May 13th. Wall Street Zen downgraded shares of Kaltura from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. 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 currently has an average rating of “Hold” and an average target price of $3.00.
Read Our Latest Report on Kaltura
Institutional Trading of Kaltura
Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of Kaltura by 1.6% in the third quarter. Vanguard Group Inc. now owns 5,010,605 shares of the company’s stock valued at $7,215,000 after purchasing an additional 79,633 shares during the period. Geode Capital Management LLC raised its position in Kaltura by 6.4% during the 4th quarter. Geode Capital Management LLC now owns 2,043,747 shares of the company’s stock worth $3,352,000 after buying an additional 122,548 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Kaltura by 5.2% in the 4th quarter. Russell Investments Group Ltd. now owns 1,704,197 shares of the company’s stock worth $2,796,000 after acquiring an additional 83,792 shares during the period. State Street Corp grew its holdings in 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 period. Finally, Tocqueville Asset Management L.P. lifted its holdings in Kaltura by 69.5% in the third quarter. Tocqueville Asset Management L.P. now owns 1,402,383 shares of the company’s stock valued at $2,019,000 after acquiring an additional 575,000 shares during the period. 30.79% of the stock is owned by institutional investors and hedge funds.
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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