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

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 10,078 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $1.48, for a total value of $14,915.44. Following the completion of the sale, the insider owned 2,019,922 shares in the company, valued at approximately $2,989,484.56. This represents a 0.50% decrease in their ownership of the stock. 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 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 value 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 stock was 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $14,303.80.

Kaltura Price Performance

Kaltura stock opened at $1.41 on Friday. The firm has a 50 day simple moving average of $1.49 and a 200-day simple moving average of $1.39. The stock has a market capitalization of $215.10 million, a PE ratio of -15.66 and a beta of 1.18. Kaltura, Inc. has a 12-month low of $1.05 and a 12-month 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, topping the consensus estimate of ($0.01) by $0.02. The firm had revenue of $46.89 million for the quarter, compared to analysts’ expectations of $45.60 million. Kaltura had a negative return on equity of 51.05% and a negative net margin of 6.92%.

Institutional Investors Weigh In On Kaltura

Hedge funds have recently modified their holdings of the stock. S Squared Technology LLC acquired a new stake in Kaltura during the 2nd quarter worth about $2,525,645. BlackRock Inc. acquired a new position in shares of Kaltura in the second quarter worth about $7,792,000. Globeflex Capital L P purchased a new position in shares of Kaltura in the second quarter worth approximately $676,000. Hsbc Holdings PLC purchased a new position in shares of Kaltura in the second quarter worth approximately $46,000. Finally, Ieq Capital LLC acquired a new stake in shares of Kaltura during the second quarter valued at approximately $126,000. 30.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on KLTR. Wall Street Zen cut shares of Kaltura from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Kaltura currently has an average rating of “Hold” and an average target price of $3.00.

Kaltura Company Profile

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.