Natan Israeli Sells 13,965 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Natan Israeli sold 13,965 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $1.52, for a total value of $21,226.80. Following the completion of the sale, the insider directly owned 2,167,959 shares of the company’s stock, valued at $3,295,297.68. The trade was a 0.64% decrease in their ownership of the stock. The sale 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.

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

• On Tuesday, May 19th, Natan Israeli sold 13,229 shares of Kaltura stock. The shares were sold at an average price of $1.52, for a total value of $20,108.08.
• 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 value of $14,743.50.
• On Friday, May 15th, Natan Israeli sold 2,933 shares of Kaltura stock. The shares were sold at an average price of $1.50, for a total value of $4,399.50.
• On Thursday, May 14th, Natan Israeli sold 6,334 shares of Kaltura stock. The shares were sold at an average price of $1.51, for a total value of $9,564.34.
• On Wednesday, May 13th, Natan Israeli sold 28,882 shares of Kaltura stock. The shares were 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 shares were sold at an average price of $1.51, for a total value of $1,661.00.

Kaltura Trading Down 1.0%

Kaltura stock traded down $0.02 during midday trading on Friday, reaching $1.49. The stock had a trading volume of 61,591 shares, compared to its average volume of 571,170. Kaltura, Inc. has a 12 month low of $1.06 and a 12 month high of $2.28. The company has a market capitalization of $223.31 million, a P/E ratio of -14.94 and a beta of 1.11. The company has a fifty day moving average price of $1.29 and a two-hundred day moving average price of $1.45.

Kaltura (NASDAQ:KLTR) last issued its earnings results 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 business had revenue of $44.63 million during the quarter, compared to analyst estimates of $43.00 million.

Wall Street Analysts Forecast Growth

KLTR has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $3.00 target price on shares of Kaltura in a research report on Wednesday, May 13th. Wall Street Zen lowered Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $3.00.

Institutional Trading of Kaltura

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KLTR. Gagnon Securities LLC increased its holdings in Kaltura by 32.6% during the 3rd quarter. Gagnon Securities LLC now owns 2,885,976 shares of the company’s stock worth $4,156,000 after purchasing an additional 709,598 shares in the last quarter. Tocqueville Asset Management L.P. grew its holdings in shares of 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 in the last quarter. S Squared Technology LLC grew its holdings in shares of Kaltura by 39.6% in the fourth quarter. S Squared Technology LLC now owns 1,316,323 shares of the company’s stock valued at $2,159,000 after acquiring an additional 373,149 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Kaltura by 63.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 917,078 shares of the company’s stock valued at $1,843,000 after acquiring an additional 355,358 shares in the last quarter. Finally, First Eagle Investment Management LLC bought a new position in shares of Kaltura in the fourth quarter valued at approximately $364,000. 30.79% of the stock is owned by institutional investors.

About Kaltura

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.