Insider Selling: Kaltura (NASDAQ:KLTR) Insider Sells $14,915.44 in Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 10,078 shares of the stock in a transaction on 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 directly owned 2,019,922 shares of the company’s stock, valued at approximately $2,989,484.56. This trade represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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 shares were sold at an average price of $1.53, for a total transaction 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 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 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 value 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 value 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 value 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 value of $14,303.80.

Kaltura Price Performance

Shares of KLTR stock opened at $1.41 on Friday. Kaltura, Inc. has a one year low of $1.05 and a one year high of $2.05. The stock has a fifty day moving average price of $1.49 and a 200 day moving average price of $1.39. The stock has a market cap of $215.10 million, a P/E ratio of -15.66 and a beta of 1.18.

Kaltura (NASDAQ:KLTR) last announced 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.

Wall Street Analyst Weigh In

KLTR has been the subject of several recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Kaltura in a research report on Tuesday, June 16th. Wall Street Zen lowered Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.00.

Institutional Investors Weigh In On Kaltura

Several large investors have recently made changes to their positions in KLTR. Qube Research & Technologies Ltd bought a new stake in shares of Kaltura in the 2nd quarter worth about $28,000. BNP Paribas Financial Markets lifted its holdings in Kaltura by 70.3% during the 3rd 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 last quarter. Tower Research Capital LLC TRC lifted its holdings in Kaltura by 276.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 20,487 shares of the company’s stock valued at $41,000 after purchasing an additional 15,052 shares during the last quarter. EntryPoint Capital LLC acquired a new position in Kaltura in the fourth quarter valued at about $38,000. Finally, NewEdge Advisors LLC acquired a new position in Kaltura in the second quarter valued at about $48,000. 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.