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

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

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

• On Friday, September 4th, Eynav Azaria sold 8,176 shares of Kaltura stock. The shares were 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 shares were 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 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 stock was sold at an average price of $1.42, for a total value 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 value of $4,906.80.
• On Monday, July 20th, Eynav Azaria sold 2,777 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total value 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 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 shares were sold at an average price of $1.48, for a total value of $17,868.04.

Kaltura Stock Down 1.7%

Shares of NASDAQ KLTR traded down $0.03 during midday trading on Tuesday, hitting $1.49. The stock had a trading volume of 112,263 shares, compared to its average volume of 565,288. Kaltura, Inc. has a 1 year low of $1.05 and a 1 year high of $2.05. The company has a market capitalization of $226.54 million, a PE ratio of -16.50 and a beta of 1.18. The stock has a 50 day simple moving average of $1.47 and a 200-day simple moving average of $1.39.

Kaltura (NASDAQ:KLTR) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $45.60 million.

Institutional Trading of Kaltura

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

Wall Street Analyst Weigh In

KLTR has been the subject of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $3.00 target price on shares of Kaltura in a research report on Wednesday, May 13th. Wall Street Zen upgraded Kaltura from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus 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.