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

Kaltura, Inc. (NASDAQ:KLTR) insider Natan Israeli sold 13,965 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $1.52, for a total transaction 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $1,661.00.

Kaltura Trading Down 3.3%

Shares of KLTR stock opened at $1.45 on Friday. The company has a market capitalization of $218.05 million, a PE ratio of -14.50 and a beta of 1.11. The firm has a fifty day simple moving average of $1.29 and a 200-day simple moving average of $1.45. Kaltura, Inc. has a twelve month low of $1.06 and a twelve month high of $2.28.

Kaltura (NASDAQ:KLTR) last announced its earnings results on Monday, May 11th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $44.63 million during the quarter, compared to the consensus estimate of $43.00 million. Kaltura had a negative net margin of 8.25% and a negative return on equity of 35.91%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new position in shares of Kaltura in the 3rd quarter worth about $25,000. BNP Paribas Financial Markets lifted its position in shares of Kaltura by 70.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock worth $25,000 after buying an additional 7,184 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Kaltura in the 2nd quarter worth about $28,000. Citadel Advisors LLC bought a new position in shares of Kaltura in the 3rd quarter worth about $35,000. Finally, Acuitas Investments LLC bought a new position in shares of Kaltura in the 1st quarter worth about $37,000. 30.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Needham & Company LLC reiterated a “buy” rating and set a $3.00 price objective on shares of Kaltura in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Kaltura presently has an average rating of “Hold” and an average target price 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.