Insider Selling: Kaltura (NASDAQ:KLTR) Insider Sells $11,492.91 in Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 8,037 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $1.43, for a total transaction of $11,492.91. Following the completion of the sale, the insider owned 1,964,343 shares of the company’s stock, valued at $2,809,010.49. The trade was a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $1.40, for a total transaction of $3,731.00.
• On Tuesday, October 13th, Eynav Azaria sold 5,156 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total transaction of $7,218.40.
• On Monday, October 12th, Eynav Azaria sold 1,336 shares of Kaltura stock. The shares were 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 shares were 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 shares were 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 value of $7,363.07.
• On Tuesday, September 15th, Eynav Azaria sold 6,113 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $8,619.33.
• On Friday, September 11th, Eynav Azaria sold 5,656 shares of Kaltura stock. The shares were 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 stock was sold at an average price of $1.45, for a total transaction of $5,456.35.

Kaltura Stock Performance

KLTR traded down $0.04 during mid-day trading on Friday, reaching $1.41. 144,108 shares of the stock were exchanged, compared to its average volume of 518,394. The stock has a market capitalization of $214.33 million, a PE ratio of -15.61 and a beta of 1.20. The company has a 50 day moving average price of $1.47 and a two-hundred day moving average price of $1.40. Kaltura, Inc. has a 1 year low of $1.05 and a 1 year high of $2.05.

Kaltura (NASDAQ:KLTR) last announced its earnings results on Wednesday, August 5th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company had revenue of $46.89 million during 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%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of 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 investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Kaltura has an average rating of “Hold” and an average target price of $3.00.

Institutional Investors Weigh In On Kaltura

Several hedge funds and other institutional investors have recently modified their holdings of KLTR. BlackRock Inc. bought a new position in shares of Kaltura in the second quarter worth $7,792,000. S Squared Technology LLC purchased a new stake in Kaltura during the second quarter valued at about $2,525,645. Renaissance Technologies LLC lifted its position in Kaltura by 2.2% in the 1st quarter. Renaissance Technologies LLC now owns 654,300 shares of the company’s stock worth $798,000 after buying an additional 14,300 shares during the last quarter. Globeflex Capital L P bought a new position in shares of Kaltura during the 2nd quarter valued at $676,000. Finally, Tocqueville Asset Management L.P. purchased a new position in shares of Kaltura in the second quarter worth about $363,000. 30.79% of the stock is currently owned by institutional investors.

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.