Insider Selling: Kaltura (NASDAQ:KLTR) Director Sells $11,384.25 in Stock

Kaltura, Inc. (NASDAQ:KLTRGet Free Report) Director Eyal Manor sold 8,825 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $1.29, for a total value of $11,384.25. Following the transaction, the director owned 430,541 shares in the company, valued at $555,397.89. The trade was a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Eyal Manor also recently made the following trade(s):

  • On Thursday, June 25th, Eyal Manor sold 34,601 shares of Kaltura stock. The stock was sold at an average price of $1.30, for a total value of $44,981.30.

Kaltura Trading Up 2.8%

Shares of KLTR traded up $0.04 during midday trading on Tuesday, reaching $1.29. 73,209 shares of the stock were exchanged, compared to its average volume of 541,011. The company has a market capitalization of $194.74 million, a P/E ratio of -12.98 and a beta of 1.14. Kaltura, Inc. has a 52 week low of $1.05 and a 52 week high of $2.06. The company’s 50 day moving average is $1.41 and its two-hundred day moving average is $1.42.

Kaltura (NASDAQ:KLTRGet Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.01 earnings per share 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 during the quarter, compared to the consensus estimate of $43.00 million.

Institutional Investors Weigh In On Kaltura

Institutional investors have recently bought and sold shares of the company. Qube Research & Technologies Ltd acquired a new position in shares of Kaltura during the second quarter worth $28,000. BNP Paribas Financial Markets boosted its position in shares of Kaltura by 70.3% in 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. Tower Research Capital LLC TRC grew its stake in Kaltura by 276.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 20,487 shares of the company’s stock worth $41,000 after buying an additional 15,052 shares during the last quarter. EntryPoint Capital LLC purchased a new position in Kaltura during the 4th quarter worth $38,000. Finally, NewEdge Advisors LLC acquired a new position in Kaltura during the 2nd quarter valued at about $48,000. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

KLTR has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. Needham & Company LLC reissued a “buy” rating and issued a $3.00 price target on shares of Kaltura in a research report on Wednesday, May 13th. Finally, Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Kaltura presently has a consensus rating of “Hold” and an average price target of $3.00.

View Our Latest Research Report 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.

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