Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 10,217 Shares of Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 10,217 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $1.40, for a total value of $14,303.80. Following the completion of the sale, the insider owned 2,169,080 shares in the company, valued at approximately $3,036,712. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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.
• On Monday, June 15th, Eynav Azaria sold 19,456 shares of Kaltura stock. The stock was sold at an average price of $1.48, for a total value of $28,794.88.
• On Friday, June 12th, Eynav Azaria sold 13,242 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $18,671.22.
• On Thursday, June 11th, Eynav Azaria sold 4,219 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $5,948.79.
• On Wednesday, June 10th, Eynav Azaria sold 8,344 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $11,765.04.
• On Tuesday, June 9th, Eynav Azaria sold 6,975 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total transaction of $9,834.75.
• On Monday, June 8th, Eynav Azaria sold 8,254 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total transaction of $11,638.14.
• On Thursday, June 4th, Eynav Azaria sold 16,218 shares of Kaltura stock. The shares were 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 value of $3,953.95.

Kaltura Stock Down 5.0%

NASDAQ:KLTR opened at $1.33 on Tuesday. The stock’s 50 day moving average price is $1.39 and its 200 day moving average price is $1.43. The company has a market capitalization of $200.01 million, a PE ratio of -13.30 and a beta of 1.14. Kaltura, Inc. has a 52-week low of $1.05 and a 52-week high of $2.07.

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on KLTR shares. Wall Street Zen downgraded shares of Kaltura from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $3.00 target price on shares of Kaltura in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Kaltura presently has an average rating of “Hold” and an average target price of $3.00.

Institutional Investors Weigh In On Kaltura

Hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets increased its stake 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 buying an additional 7,184 shares during the period. GSA Capital Partners LLP boosted its holdings in shares of Kaltura by 7.4% in the third quarter. GSA Capital Partners LLP now owns 111,532 shares of the company’s stock valued at $161,000 after acquiring an additional 7,695 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Kaltura by 10.7% in the first quarter. Rhumbline Advisers now owns 80,304 shares of the company’s stock valued at $151,000 after acquiring an additional 7,760 shares in the last quarter. Invesco Ltd. increased its stake in shares of Kaltura by 21.4% during the second quarter. Invesco Ltd. now owns 46,288 shares of the company’s stock worth $93,000 after acquiring an additional 8,157 shares during the period. Finally, Hsbc Holdings PLC raised its holdings in Kaltura by 27.9% during the fourth quarter. Hsbc Holdings PLC now owns 40,763 shares of the company’s stock worth $67,000 after purchasing an additional 8,901 shares in the last quarter. 30.79% of the stock is owned by institutional investors and hedge funds.

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.