Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 16,218 Shares

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 16,218 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $1.44, for a total transaction of $23,353.92. Following the transaction, the insider owned 2,259,073 shares in the company, valued at $3,253,065.12. This trade represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 5th, Eynav Azaria sold 2,765 shares of Kaltura stock. The stock was sold at an average price of $1.43, for a total transaction of $3,953.95.
• On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The stock was sold at an average price of $1.49, for a total transaction of $648.15.
• On Tuesday, June 2nd, Eynav Azaria sold 7,412 shares of Kaltura stock. The shares were 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 shares were sold at an average price of $1.46, for a total value 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.
• On Thursday, April 30th, Eynav Azaria sold 2,672 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total value of $3,740.80.
• On Wednesday, April 29th, Eynav Azaria sold 11,086 shares of Kaltura stock. The shares were sold at an average price of $1.45, for a total value of $16,074.70.
• On Tuesday, April 28th, Eynav Azaria sold 32,003 shares of Kaltura stock. The shares were sold at an average price of $1.46, for a total value of $46,724.38.

Kaltura Stock Performance

Shares of NASDAQ KLTR traded up $0.03 during mid-day trading on Monday, reaching $1.42. The company had a trading volume of 213,317 shares, compared to its average volume of 554,864. The company has a market capitalization of $212.79 million, a price-to-earnings ratio of -14.15 and a beta of 1.14. The stock has a fifty day moving average of $1.34 and a two-hundred day moving average of $1.44. Kaltura, Inc. has a 12-month low of $1.06 and a 12-month high of $2.25.

Kaltura (NASDAQ:KLTR) last released its quarterly earnings data on Monday, May 11th. The company reported $0.01 earnings per share 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 net margin of 8.25% and a negative return on equity of 35.91%.

Institutional Trading of Kaltura

Hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC raised its stake in Kaltura by 69.6% during the 1st quarter. Cubist Systematic Strategies LLC now owns 61,772 shares of the company’s stock valued at $116,000 after purchasing an additional 25,352 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Kaltura by 99.7% during the first quarter. AQR Capital Management LLC now owns 50,234 shares of the company’s stock valued at $94,000 after buying an additional 25,083 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Kaltura in the first quarter valued at about $128,000. Jane Street Group LLC bought a new stake in shares of Kaltura in the first quarter valued at about $90,000. Finally, Rhumbline Advisers grew its position in Kaltura by 10.7% during the first quarter. Rhumbline Advisers now owns 80,304 shares of the company’s stock worth $151,000 after buying an additional 7,760 shares in the last quarter. Institutional investors own 30.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KLTR. Needham & Company LLC restated a “buy” rating and issued a $3.00 target price on shares of Kaltura in a research note on Wednesday, May 13th. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Kaltura currently has a consensus rating of “Hold” and an average price target of $3.00.

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.