Natan Israeli Sells 22,877 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Natan Israeli sold 22,877 shares of Kaltura stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $1.57, for a total transaction of $35,916.89. Following the sale, the insider directly owned 2,094,397 shares of the company’s stock, valued at $3,288,203.29. This represents a 1.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Natan Israeli also recently made the following trade(s):

• On Tuesday, June 2nd, Natan Israeli sold 16,631 shares of Kaltura stock. The shares were sold at an average price of $1.52, for a total transaction of $25,279.12.
• On Wednesday, June 3rd, Natan Israeli sold 200 shares of Kaltura stock. The shares were sold at an average price of $1.50, for a total transaction of $300.00.
• On Wednesday, May 27th, Natan Israeli sold 200 shares of Kaltura stock. The shares were sold at an average price of $1.50, for a total transaction of $300.00.
• On Friday, May 22nd, Natan Israeli sold 1,836 shares of Kaltura stock. The shares were sold at an average price of $1.51, for a total value of $2,772.36.
• On Tuesday, May 19th, Natan Israeli sold 13,229 shares of Kaltura stock. The shares were sold at an average price of $1.52, for a total value of $20,108.08.
• On Wednesday, May 20th, Natan Israeli sold 13,965 shares of Kaltura stock. The shares were sold at an average price of $1.52, for a total value of $21,226.80.
• On Monday, May 18th, Natan Israeli sold 9,829 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total transaction of $14,743.50.
• On Friday, May 15th, Natan Israeli sold 2,933 shares of Kaltura stock. The shares were sold at an average price of $1.50, for a total transaction of $4,399.50.
• On Thursday, May 14th, Natan Israeli sold 6,334 shares of Kaltura stock. The shares were sold at an average price of $1.51, for a total transaction of $9,564.34.
• On Wednesday, May 13th, Natan Israeli sold 28,882 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total transaction of $43,611.82.

Kaltura Stock Up 2.1%

Shares of NASDAQ:KLTR opened at $1.45 on Friday. The company has a market capitalization of $218.05 million, a price-to-earnings ratio of -14.50 and a beta of 1.14. Kaltura, Inc. has a 52 week low of $1.06 and a 52 week high of $2.26. The firm has a 50 day moving average of $1.34 and a 200 day moving average of $1.44.

Kaltura (NASDAQ:KLTR) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.01 EPS for the quarter. The company had revenue of $44.63 million during the quarter, compared to the consensus estimate of $43.00 million. Kaltura had a negative net margin of 8.25% and a negative return on equity of 35.91%.

Hedge Funds Weigh In On Kaltura

Hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets increased its position in shares of Kaltura by 70.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock valued at $25,000 after acquiring an additional 7,184 shares during the period. Qube Research & Technologies Ltd acquired a new position in shares of Kaltura in the 2nd quarter valued at $28,000. Citadel Advisors LLC acquired a new position in shares of Kaltura in the 3rd quarter valued at $35,000. Acuitas Investments LLC acquired a new position in shares of Kaltura in the 1st quarter valued at $37,000. Finally, EntryPoint Capital LLC acquired a new position in shares of Kaltura in the 4th quarter valued at $38,000. 30.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on KLTR. Needham & Company LLC reissued a “buy” rating and issued a $3.00 price objective on shares of Kaltura in a research note on Wednesday, May 13th. Wall Street Zen downgraded shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company 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.