Kaltura (NASDAQ:KLTR) Insider Natan Israeli Sells 9,829 Shares

Kaltura, Inc. (NASDAQ:KLTR) insider Natan Israeli sold 9,829 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1.50, for a total transaction of $14,743.50. Following the transaction, the insider directly owned 2,195,153 shares of the company’s stock, valued at $3,292,729.50. The trade was a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Natan Israeli also recently made the following trade(s):

• 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 Stock Up 1.3%

Kaltura stock opened at $1.53 on Thursday. The firm has a 50-day moving average price of $1.29 and a two-hundred day moving average price of $1.45. The firm has a market capitalization of $230.07 million, a price-to-earnings ratio of -15.30 and a beta of 1.11. Kaltura, Inc. has a 52-week low of $1.06 and a 52-week high of $2.28.

Kaltura (NASDAQ:KLTR) last posted its earnings results on Monday, May 11th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $44.63 million during 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%.

Institutional Investors Weigh In On Kaltura

A number of large investors have recently made changes to their positions in KLTR. Gagnon Securities LLC increased its stake in Kaltura by 32.6% in the 3rd quarter. Gagnon Securities LLC now owns 2,885,976 shares of the company’s stock valued at $4,156,000 after buying an additional 709,598 shares during the period. Gagnon Advisors LLC increased its stake in shares of Kaltura by 1.9% during the 3rd quarter. Gagnon Advisors LLC now owns 1,413,010 shares of the company’s stock worth $2,035,000 after purchasing an additional 26,966 shares during the last quarter. Teton Advisors LLC acquired a new position in shares of Kaltura during the 1st quarter worth $122,000. Hsbc Holdings PLC increased its stake in shares of Kaltura by 69.2% during the 1st quarter. Hsbc Holdings PLC now owns 68,957 shares of the company’s stock worth $85,000 after purchasing an additional 28,194 shares during the last quarter. Finally, Acuitas Investments LLC acquired a new position in shares of Kaltura during the 1st quarter worth $37,000. Institutional investors and hedge funds own 30.79% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on KLTR. Wall Street Zen lowered shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $3.00 price target on shares of Kaltura in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus 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.