Eynav Azaria Sells 12,341 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 12,341 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $1.49, for a total transaction of $18,388.09. Following the completion of the transaction, the insider directly owned 2,030,000 shares of the company’s stock, valued at $3,024,700. This trade represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, September 9th, Eynav Azaria sold 10,078 shares of Kaltura stock. The shares were sold at an average price of $1.48, for a total value of $14,915.44.
• On Thursday, September 3rd, Eynav Azaria sold 9,866 shares of Kaltura stock. The stock was sold at an average price of $1.53, for a total value of $15,094.98.
• On Friday, September 4th, Eynav Azaria sold 8,176 shares of Kaltura stock. The stock was 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 value 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 value 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 transaction of $8,947.42.
• On Tuesday, July 21st, Eynav Azaria sold 3,480 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total transaction 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 transaction 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 transaction of $14,303.80.

Kaltura Stock Down 1.4%

Shares of KLTR stock opened at $1.41 on Friday. The company has a market capitalization of $215.10 million, a price-to-earnings ratio of -15.66 and a beta of 1.18. The firm has a fifty day moving average of $1.49 and a 200-day moving average of $1.39. Kaltura, Inc. has a 12-month low of $1.05 and a 12-month high of $2.05.

Kaltura (NASDAQ:KLTR) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The company had revenue of $46.89 million during the quarter, compared to analysts’ expectations of $45.60 million. Kaltura had a negative net margin of 6.92% and a negative return on equity of 51.05%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. One equities 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.com, Kaltura has an average rating of “Hold” and a consensus target price of $3.00.

Institutional Trading of Kaltura

Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets raised its holdings 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 acquiring an additional 7,184 shares during the period. Qube Research & Technologies Ltd acquired a new stake in Kaltura during the 2nd quarter worth approximately $28,000. Citadel Advisors LLC acquired a new stake in Kaltura during the 3rd quarter worth approximately $35,000. Acuitas Investments LLC acquired a new position in Kaltura in the 1st quarter valued at $37,000. Finally, EntryPoint Capital LLC bought a new position in Kaltura during the 4th quarter worth $38,000. Institutional investors own 30.79% of the company’s stock.

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.