Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 8,176 Shares of Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 8,176 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $1.51, for a total value of $12,345.76. Following the completion of the transaction, the insider owned 2,042,341 shares in the company, valued at $3,083,934.91. This represents a 0.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, September 3rd, Eynav Azaria sold 9,866 shares of Kaltura stock. The shares were sold at an average price of $1.53, for a total transaction of $15,094.98.
• On Wednesday, September 2nd, Eynav Azaria sold 7,816 shares of Kaltura stock. The shares were sold at an average price of $1.51, for a total transaction of $11,802.16.
• On Tuesday, September 1st, Eynav Azaria sold 4,328 shares of Kaltura stock. The stock was sold at an average price of $1.54, for a total transaction 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 shares were 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 stock was 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 shares were sold at an average price of $1.40, for a total value of $14,303.80.
• On Wednesday, June 17th, Eynav Azaria sold 4,448 shares of Kaltura stock. The stock was sold at an average price of $1.43, for a total value 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 NASDAQ KLTR opened at $1.48 on Wednesday. The business’s 50-day simple moving average is $1.48 and its 200-day simple moving average is $1.39. Kaltura, Inc. has a 52 week low of $1.05 and a 52 week high of $2.05. The firm has a market cap of $225.78 million, a price-to-earnings ratio of -16.44 and a beta of 1.18.

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

Institutional Investors Weigh In On Kaltura

Hedge funds and other institutional investors have recently modified their holdings of the stock. Qube Research & Technologies Ltd bought a new position in Kaltura during the second quarter worth $28,000. BNP Paribas Financial Markets boosted its holdings in Kaltura by 70.3% in the 3rd 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 period. Tower Research Capital LLC TRC grew its position in Kaltura by 276.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 20,487 shares of the company’s stock worth $41,000 after purchasing an additional 15,052 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in Kaltura in the 4th quarter worth $38,000. Finally, NewEdge Advisors LLC bought a new position in shares of Kaltura during the 2nd quarter worth about $48,000. Institutional investors and hedge funds own 30.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on KLTR. Needham & Company LLC reiterated 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 upgraded shares of Kaltura from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kaltura in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Kaltura presently has an average rating of “Hold” and an average target price of $3.00.

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.