Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 9,866 Shares

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 9,866 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $1.53, for a total transaction of $15,094.98. Following the completion of the transaction, the insider directly owned 2,050,517 shares in the company, valued at approximately $3,137,291.01. The trade was a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Eynav Azaria also recently made the following trade(s):

• On Friday, September 4th, Eynav Azaria sold 8,176 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value of $12,345.76.
• On Wednesday, September 2nd, Eynav Azaria sold 7,816 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value of $11,802.16.
• On Tuesday, September 1st, Eynav Azaria sold 4,328 shares of Kaltura stock. The shares were sold at an average price of $1.54, for a total value of $6,665.12.
• On Wednesday, August 5th, Eynav Azaria sold 83,995 shares of Kaltura stock. The stock was sold at an average price of $2.01, for a total transaction of $168,829.95.
• On Wednesday, July 22nd, Eynav Azaria sold 6,301 shares of Kaltura stock. The stock was sold at an average price of $1.42, for a total transaction of $8,947.42.
• On Tuesday, July 21st, Eynav Azaria sold 3,480 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total transaction of $4,906.80.
• On Monday, July 20th, Eynav Azaria sold 2,777 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total transaction of $3,887.80.
• On Thursday, June 18th, Eynav Azaria sold 10,217 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total transaction of $14,303.80.
• On Wednesday, June 17th, Eynav Azaria sold 4,448 shares of Kaltura stock. The shares were sold at an average price of $1.43, for a total transaction of $6,360.64.
• On Tuesday, June 16th, Eynav Azaria sold 12,073 shares of Kaltura stock. The stock was sold at an average price of $1.48, for a total value of $17,868.04.

Kaltura Stock Performance

Shares of Kaltura stock opened at $1.48 on Wednesday. The stock has a market capitalization of $225.78 million, a price-to-earnings ratio of -16.44 and a beta of 1.18. The company has a fifty day moving average of $1.48 and a 200-day moving average of $1.39. Kaltura, Inc. has a 52-week low of $1.05 and a 52-week high of $2.05.

Kaltura (NASDAQ:KLTR) last released its earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The company had revenue of $46.89 million during the quarter, compared to analyst estimates of $45.60 million. Kaltura had a negative return on equity of 51.05% and a negative net margin of 6.92%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wall Street Zen raised shares of Kaltura from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Weiss Ratings reissued a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. Finally, Needham & Company LLC restated a “buy” rating and set a $3.00 price target 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $3.00.

Hedge Funds Weigh In On Kaltura

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. S Squared Technology LLC bought a new stake in shares of Kaltura in the 2nd quarter worth $2,525,645. BlackRock Inc. purchased a new stake in shares of Kaltura during the second quarter valued at $7,792,000. Globeflex Capital L P purchased a new stake in shares of Kaltura during the second quarter valued at $676,000. First Eagle Investment Management LLC bought a new stake in Kaltura in the 4th quarter worth about $364,000. Finally, Ieq Capital LLC purchased a new position in Kaltura in the 2nd quarter worth about $126,000. 30.79% of the stock is owned by institutional investors.

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.