Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 13,242 Shares of Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 13,242 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $1.41, for a total value of $18,671.22. Following the completion of the sale, the insider owned 2,215,274 shares of the company’s stock, valued at $3,123,536.34. This trade represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 11th, Eynav Azaria sold 4,219 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total transaction of $5,948.79.
• On Wednesday, June 10th, Eynav Azaria sold 8,344 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total transaction of $11,765.04.
• On Tuesday, June 9th, Eynav Azaria sold 6,975 shares of Kaltura stock. The stock was 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 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 value of $3,953.95.
• On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The stock was sold at an average price of $1.49, for a total value of $648.15.
• On Tuesday, June 2nd, Eynav Azaria sold 7,412 shares of Kaltura stock. The stock was 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.

Kaltura Trading Down 2.0%

Shares of NASDAQ:KLTR opened at $1.45 on Wednesday. The firm has a market cap of $218.05 million, a price-to-earnings ratio of -14.50 and a beta of 1.14. Kaltura, Inc. has a 1 year low of $1.06 and a 1 year high of $2.13. The business has a fifty day simple moving average of $1.37 and a 200 day simple moving average of $1.44.

Kaltura (NASDAQ:KLTR) last posted its quarterly earnings results 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 the consensus estimate of $43.00 million. Kaltura had a negative return on equity of 35.91% and a negative net margin of 8.25%.

Institutional Trading of Kaltura

Institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets raised its stake in Kaltura by 70.3% during the third quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock worth $25,000 after acquiring an additional 7,184 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Kaltura in the 2nd quarter worth about $28,000. Citadel Advisors LLC acquired a new stake in shares of Kaltura during the 3rd quarter worth about $35,000. Acuitas Investments LLC acquired a new stake in shares of Kaltura during the 1st quarter worth about $37,000. Finally, EntryPoint Capital LLC bought a new position in Kaltura during the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 30.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on KLTR shares. Wall Street Zen downgraded shares of Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 target price on shares of Kaltura in a research report 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target 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.