Eynav Azaria Sells 10,078 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 10,078 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $1.48, for a total transaction of $14,915.44. Following the completion of the sale, the insider owned 2,019,922 shares of the company’s stock, valued at approximately $2,989,484.56. The trade was a 0.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Tuesday, September 8th, Eynav Azaria sold 12,341 shares of Kaltura stock. The stock was sold at an average price of $1.49, for a total transaction of $18,388.09.
• 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 shares were 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 stock was 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 shares were sold at an average price of $1.42, for a total value of $8,947.42.
• On Tuesday, July 21st, Eynav Azaria sold 3,480 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $4,906.80.
• On Monday, July 20th, Eynav Azaria sold 2,777 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total value of $3,887.80.
• On Thursday, June 18th, Eynav Azaria sold 10,217 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total transaction of $14,303.80.

Kaltura Trading Down 1.4%

Shares of KLTR opened at $1.46 on Thursday. Kaltura, Inc. has a 12-month low of $1.05 and a 12-month high of $2.05. The firm has a 50-day moving average price of $1.48 and a 200 day moving average price of $1.39. The firm has a market capitalization of $222.72 million, a P/E ratio of -16.22 and a beta of 1.18.

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

Institutional Trading of Kaltura

Several institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets raised its position in Kaltura by 70.3% in the third quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock valued at $25,000 after purchasing an additional 7,184 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of Kaltura during the second quarter worth $28,000. Citadel Advisors LLC acquired a new stake in shares of Kaltura in the third quarter valued at $35,000. Acuitas Investments LLC purchased a new stake in shares of Kaltura in the 1st quarter valued at $37,000. Finally, EntryPoint Capital LLC purchased a new stake in shares of Kaltura in the 4th quarter valued at $38,000. Institutional investors and hedge funds own 30.79% of the company’s stock.

Analyst Upgrades and Downgrades

KLTR has been the topic of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and issued a $3.00 target price on shares of Kaltura in a research report on Wednesday, May 13th. Wall Street Zen upgraded Kaltura from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Kaltura in a research report on Tuesday, June 16th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Kaltura has an average rating of “Hold” and a consensus price target of $3.00.

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.