Kaltura (NASDAQ:KLTR) Insider Sells $11,638.14 in Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 8,254 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $1.41, for a total value of $11,638.14. Following the sale, the insider owned 2,248,054 shares of the company’s stock, valued at approximately $3,169,756.14. This trade represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 Thursday, June 4th, Eynav Azaria sold 16,218 shares of Kaltura stock. The stock was sold at an average price of $1.44, for a total value of $23,353.92.
• On Friday, June 5th, Eynav Azaria sold 2,765 shares of Kaltura stock. The shares were sold at an average price of $1.43, for a total transaction of $3,953.95.
• On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The shares were sold at an average price of $1.49, for a total transaction of $648.15.
• On Tuesday, June 2nd, Eynav Azaria sold 7,412 shares of Kaltura stock. The shares were sold at an average price of $1.53, for a total transaction of $11,340.36.
• On Tuesday, May 5th, Eynav Azaria sold 869 shares of Kaltura stock. The shares were sold at an average price of $1.46, for a total transaction of $1,268.74.
• On Monday, May 4th, Eynav Azaria sold 17,671 shares of Kaltura stock. The shares were sold at an average price of $1.47, for a total transaction of $25,976.37.
• On Thursday, April 30th, Eynav Azaria sold 2,672 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total transaction of $3,740.80.
• On Wednesday, April 29th, Eynav Azaria sold 11,086 shares of Kaltura stock. The shares were sold at an average price of $1.45, for a total transaction of $16,074.70.
• On Tuesday, April 28th, Eynav Azaria sold 32,003 shares of Kaltura stock. The shares were sold at an average price of $1.46, for a total transaction of $46,724.38.

Kaltura Trading Down 1.4%

KLTR stock opened at $1.40 on Friday. The company has a market cap of $210.53 million, a price-to-earnings ratio of -14.00 and a beta of 1.14. Kaltura, Inc. has a 12 month low of $1.06 and a 12 month high of $2.13. The firm has a 50-day moving average of $1.36 and a two-hundred day moving average of $1.44.

Kaltura (NASDAQ:KLTR) last released its quarterly earnings data on Monday, May 11th. The company reported $0.01 EPS for the quarter. The company 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%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KLTR. Wall Street Zen cut shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Needham & Company LLC reissued 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 data from MarketBeat.com, Kaltura presently has an average rating of “Hold” and an average target price of $3.00.

Institutional Trading of Kaltura

Several hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets grew its stake 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 valued at $25,000 after buying an additional 7,184 shares during the period. GSA Capital Partners LLP boosted its position in shares of Kaltura by 7.4% during the 3rd quarter. GSA Capital Partners LLP now owns 111,532 shares of the company’s stock worth $161,000 after purchasing an additional 7,695 shares during the period. Rhumbline Advisers boosted its position in shares of Kaltura by 10.7% during the 1st quarter. Rhumbline Advisers now owns 80,304 shares of the company’s stock worth $151,000 after purchasing an additional 7,760 shares during the period. Invesco Ltd. boosted its position in shares of Kaltura by 21.4% during the 2nd quarter. Invesco Ltd. now owns 46,288 shares of the company’s stock worth $93,000 after purchasing an additional 8,157 shares during the period. Finally, Hsbc Holdings PLC boosted its position in shares of Kaltura by 27.9% during the 4th quarter. Hsbc Holdings PLC now owns 40,763 shares of the company’s stock worth $67,000 after purchasing an additional 8,901 shares during the period. Hedge funds and other institutional investors own 30.79% of the company’s stock.

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.