Kaltura (NASDAQ:KLTR) Insider Sells 7,116 Shares

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 7,116 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $1.42, for a total transaction of $10,104.72. Following the sale, the insider owned 1,992,125 shares in the company, valued at $2,828,817.50. This represents a 0.36% decrease in their position. The transaction 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 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 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 value of $8,031.52.
• On Thursday, September 10th, Eynav Azaria sold 3,763 shares of Kaltura stock. The shares were sold at an average price of $1.45, for a total value of $5,456.35.
• On Wednesday, September 9th, Eynav Azaria sold 10,078 shares of Kaltura stock. The stock was sold at an average price of $1.48, for a total value of $14,915.44.
• 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 shares were 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 transaction 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 transaction of $11,802.16.

Kaltura Stock Performance

Shares of Kaltura stock traded down $0.04 during trading on Friday, reaching $1.39. The company’s stock had a trading volume of 93,214 shares, compared to its average volume of 549,127. Kaltura, Inc. has a one year low of $1.05 and a one year high of $2.05. The firm has a market cap of $211.28 million, a price-to-earnings ratio of -15.39 and a beta of 1.18. The business’s fifty day moving average price is $1.50 and its 200-day moving average price is $1.40.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on KLTR. Weiss Ratings reissued a “sell (e+)” rating on shares of Kaltura in a report on Friday, September 11th. Wall Street Zen cut shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, September 12th. One 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, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.00.

Institutional Inflows and Outflows

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

About Kaltura

Kaltura, Inc provides cloud-based video technology and software services for businesses, educational institutions, media companies, telecommunications providers and government organizations. Its platform is designed to help customers create, manage, distribute and analyze live and on-demand video content across digital channels.

The company’s product offerings include video management and hosting, virtual classrooms, webinar and virtual event tools, video portals, live streaming and audience engagement solutions.