Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 8,037 Shares of Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 8,037 shares of the stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $1.43, for a total value of $11,492.91. Following the transaction, the insider owned 1,964,343 shares of the company’s stock, valued at approximately $2,809,010.49. The trade was a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

• On Wednesday, October 14th, Eynav Azaria sold 2,665 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total value of $3,731.00.
• On Tuesday, October 13th, Eynav Azaria sold 5,156 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total value of $7,218.40.
• On Monday, October 12th, Eynav Azaria sold 1,336 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total value of $1,870.40.
• On Friday, September 18th, Eynav Azaria sold 4,100 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $5,781.00.
• On Thursday, September 17th, Eynav Azaria sold 6,488 shares of Kaltura stock. The stock was sold at an average price of $1.42, for a total transaction of $9,212.96.
• On Wednesday, September 16th, Eynav Azaria sold 7,116 shares of Kaltura stock. The stock was sold at an average price of $1.42, for a total transaction of $10,104.72.
• On Monday, September 14th, Eynav Azaria sold 5,149 shares of Kaltura stock. The shares were sold at an average price of $1.43, for a total transaction of $7,363.07.
• On Tuesday, September 15th, Eynav Azaria sold 6,113 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total transaction of $8,619.33.
• On Friday, September 11th, Eynav Azaria sold 5,656 shares of Kaltura stock. The stock was sold at an average price of $1.42, for a total transaction of $8,031.52.
• On Thursday, September 10th, Eynav Azaria sold 3,763 shares of Kaltura stock. The stock was sold at an average price of $1.45, for a total transaction of $5,456.35.

Kaltura Stock Performance

Kaltura stock traded down $0.07 during mid-day trading on Friday, reaching $1.38. The company’s stock had a trading volume of 208,554 shares, compared to its average volume of 240,902. The company has a market capitalization of $210.52 million, a price-to-earnings ratio of -15.33 and a beta of 1.20. Kaltura, Inc. has a 12 month low of $1.05 and a 12 month high of $2.05. The business’s 50 day simple moving average is $1.46 and its 200 day simple moving average is $1.40.

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. Weiss Ratings reissued a “sell (e+)” rating on shares of Kaltura in a research report on Friday, September 11th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $3.00.

Hedge Funds Weigh In On Kaltura

A number of institutional investors have recently added to or reduced their stakes in the company. Acuitas Investments LLC acquired a new position in Kaltura during the first quarter worth $37,000. Hsbc Holdings PLC acquired a new stake in Kaltura in the second quarter valued at $46,000. Deutsche Bank AG bought a new position in shares of Kaltura in the 2nd quarter valued at about $94,000. State of Wyoming bought a new position in shares of Kaltura in the 2nd quarter valued at about $109,000. Finally, Teton Advisors LLC bought a new position in shares of Kaltura in the 1st quarter valued at about $122,000. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Kaltura Company Profile

Kaltura, Inc (NASDAQ: KLTR) is a cloud-based video technology company that provides tools for creating, managing, distributing and analyzing video content. Its platform is designed for organizations that use video for communications, learning, collaboration, marketing, customer engagement and digital media operations.

The company’s products include video management and hosting, live streaming, webinars and virtual events, virtual classrooms, video portals, town halls, video-based collaboration and analytics.