Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 8,176 Shares

Key Points

• Kaltura insider Eynav Azaria sold 8,176 shares at an average price of $1.51, generating $12,345.76. Azaria retained 2,042,341 shares, with ownership declining by 0.40%.
• Kaltura shares recently traded at $1.49, with a market capitalization of approximately $226.5 million. The stock remains below its one-year high of $2.05 but above its one-year low of $1.05.
• The company exceeded quarterly expectations, reporting $0.01 earnings per share and $46.89 million in revenue. Analyst opinion is mixed, resulting in a consensus “Hold” rating and an average price target of $3.00.

Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 8,176 shares of the firm's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $1.51, for a total value of $12,345.76. Following the sale, the insider directly owned 2,042,341 shares of the company's stock, valued at $3,083,934.91. This trade represents a 0.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Eynav Azaria also recently made the following trade(s):

• 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 stock was 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 value of $8,947.42.
• On Tuesday, July 21st, Eynav Azaria sold 3,480 shares of Kaltura stock. The stock was 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 stock was 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 shares were sold at an average price of $1.40, for a total value of $14,303.80.
• On Wednesday, June 17th, Eynav Azaria sold 4,448 shares of Kaltura stock. The stock was sold at an average price of $1.43, for a total value of $6,360.64.
• On Tuesday, June 16th, Eynav Azaria sold 12,073 shares of Kaltura stock. The stock was sold at an average price of $1.48, for a total value of $17,868.04.
• On Monday, June 15th, Eynav Azaria sold 19,456 shares of Kaltura stock. The shares were sold at an average price of $1.48, for a total transaction of $28,794.88.

Kaltura Price Performance

Shares of NASDAQ KLTR traded down $0.03 during trading hours on Tuesday, hitting $1.49. 88,337 shares of the stock were exchanged, compared to its average volume of 564,834. The company's 50 day moving average is $1.47 and its 200 day moving average is $1.39. The firm has a market capitalization of $226.54 million, a P/E ratio of -16.39 and a beta of 1.18. Kaltura, Inc. has a one year low of $1.05 and a one year high of $2.05.

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

Institutional Investors Weigh In On Kaltura

A number of hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets increased 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 in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Kaltura during the second quarter worth $28,000. Citadel Advisors LLC bought a new stake in shares of Kaltura during the third quarter worth $35,000. Acuitas Investments LLC acquired a new stake in shares of Kaltura in the first quarter valued at $37,000. Finally, EntryPoint Capital LLC acquired a new stake in shares of Kaltura in the fourth quarter valued at $38,000. Institutional investors and hedge funds own 30.79% of the company's stock.

Analyst Upgrades and Downgrades

KLTR has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Kaltura from a "hold" rating to a "buy" rating in a research note on Saturday, August 29th. Needham & Company LLC restated a "buy" rating and issued a $3.00 price target on shares of Kaltura in a research report on Wednesday, May 13th. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Kaltura in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus 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.

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