Kaltura (NASDAQ:KLTR) Insider Sells $11,638.14 in Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 8,254 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $1.41, for a total transaction of $11,638.14. Following the sale, the insider owned 2,248,054 shares of the company’s stock, valued at approximately $3,169,756.14. This trade represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, June 4th, Eynav Azaria sold 16,218 shares of Kaltura stock. The stock was sold at an average price of $1.44, for a total transaction of $23,353.92.
• 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 stock was sold at an average price of $1.53, for a total transaction 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 stock was 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 stock was sold at an average price of $1.40, for a total transaction of $3,740.80.
• On Wednesday, April 29th, Eynav Azaria sold 11,086 shares of Kaltura stock. The stock was sold at an average price of $1.45, for a total transaction of $16,074.70.
• On Tuesday, April 28th, Eynav Azaria sold 32,003 shares of Kaltura stock. The stock was sold at an average price of $1.46, for a total transaction of $46,724.38.

Kaltura Trading Up 1.1%

NASDAQ KLTR traded up $0.02 on Wednesday, hitting $1.42. 143,036 shares of the company were exchanged, compared to its average volume of 549,534. The company has a market cap of $212.79 million, a PE ratio of -14.15 and a beta of 1.14. Kaltura, Inc. has a 12 month low of $1.06 and a 12 month high of $2.18. The stock has a fifty day moving average of $1.34 and a 200-day moving average of $1.44.

Kaltura (NASDAQ:KLTR) last issued its earnings results on Monday, May 11th. The company reported $0.01 earnings per share (EPS) for the quarter. The business 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%.

Analyst Upgrades and Downgrades

KLTR has been the topic of several research reports. Wall Street Zen downgraded shares of Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Needham & Company LLC restated a “buy” rating and set a $3.00 price objective 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $3.00.

Institutional Trading of Kaltura

Institutional investors and hedge funds have recently made changes to their positions in the company. Qube Research & Technologies Ltd purchased a new stake in shares of Kaltura in the second quarter valued at about $28,000. BNP Paribas Financial Markets raised its holdings in shares of Kaltura by 70.3% in the third quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock valued at $25,000 after purchasing an additional 7,184 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Kaltura by 276.9% in the second quarter. Tower Research Capital LLC TRC now owns 20,487 shares of the company’s stock valued at $41,000 after purchasing an additional 15,052 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in shares of Kaltura in the fourth quarter valued at about $38,000. Finally, NewEdge Advisors LLC purchased a new stake in shares of Kaltura in the second quarter valued at about $48,000. Hedge funds and other institutional investors own 30.79% of the company’s stock.

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.