Kaltura (NASDAQ:KLTR) Insider Sells $25,976.37 in Stock

Key Points

• Eynav Azaria sold 17,671 Kaltura shares on May 4 at an average price of $1.47 for $25,976.37, executing the trade under a pre‑arranged Rule 10b5‑1 plan; Azaria also sold additional tranches in late April, totaling about 63,432 shares (~$92,516) and now holds 2,305,891 shares (a 0.76% stake reduction).
• Kaltura shares fell 5.1% to $1.41 with a market cap of roughly $209 million; the company reported $45.54M in quarterly revenue (and $0.03 EPS) but remains unprofitable with negative net margin and ROE.
• Analyst sentiment is mixed—Needham reaffirmed a buy with a $3.00 target while others have downgraded, leaving a MarketBeat consensus rating of Hold and a $3.00 consensus price target.

Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 17,671 shares of the firm's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $1.47, for a total transaction of $25,976.37. Following the completion of the transaction, the insider directly owned 2,305,891 shares in the company, valued at $3,389,659.77. This trade represents a 0.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, April 30th, Eynav Azaria sold 2,672 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total transaction of $3,740.80.
• On Wednesday, April 29th, Eynav Azaria sold 11,086 shares of Kaltura stock. The stock was sold at an average price of $1.45, for a total transaction of $16,074.70.
• On Tuesday, April 28th, Eynav Azaria sold 32,003 shares of Kaltura stock. The stock was sold at an average price of $1.46, for a total transaction of $46,724.38.

Kaltura Stock Down 5.1%

KLTR traded down $0.08 during trading on Wednesday, reaching $1.41. The company's stock had a trading volume of 216,114 shares, compared to its average volume of 581,529. The firm has a fifty day simple moving average of $1.28 and a two-hundred day simple moving average of $1.46. Kaltura, Inc. has a 1 year low of $1.06 and a 1 year high of $2.33. The company has a market cap of $208.97 million, a price-to-earnings ratio of -17.56 and a beta of 1.11.

Kaltura (NASDAQ:KLTR - Get Free Report) last released its quarterly earnings results on Monday, March 16th. The company reported $0.03 EPS for the quarter. The firm had revenue of $45.54 million for the quarter, compared to analyst estimates of $45.35 million. Kaltura had a negative net margin of 6.68% and a negative return on equity of 21.39%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $3.00 price target on shares of Kaltura in a research report on Tuesday, March 17th. Wall Street Zen lowered shares of Kaltura from a "buy" rating to a "hold" rating in a research report 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, the stock presently has a consensus rating of "Hold" and a consensus price target of $3.00.

Hedge Funds Weigh In On Kaltura

Institutional investors have recently modified their holdings of the business. Qube Research & Technologies Ltd acquired a new position in shares of Kaltura in the second quarter worth $28,000. SG Americas Securities LLC acquired a new position in shares of Kaltura in the third quarter worth $25,000. BNP Paribas Financial Markets grew its stake in shares of Kaltura by 70.3% in the third quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company's stock worth $25,000 after acquiring an additional 7,184 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Kaltura by 276.9% in the second quarter. Tower Research Capital LLC TRC now owns 20,487 shares of the company's stock worth $41,000 after acquiring an additional 15,052 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new position in shares of Kaltura in the fourth quarter worth $38,000. Institutional investors and hedge funds own 30.79% of the company's stock.

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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