Eynav Azaria Sells 7,816 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 7,816 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $1.51, for a total transaction of $11,802.16. Following the sale, the insider directly owned 2,060,383 shares in the company, valued at $3,111,178.33. The trade was a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• 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 shares were sold at an average price of $2.01, for a total value of $168,829.95.
• On Wednesday, July 22nd, Eynav Azaria sold 6,301 shares of Kaltura stock. The stock was 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 stock was 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 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 shares were sold at an average price of $1.43, for a total transaction of $6,360.64.
• On Tuesday, June 16th, Eynav Azaria sold 12,073 shares of Kaltura stock. The shares were sold at an average price of $1.48, for a total transaction 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 value of $28,794.88.
• On Friday, June 12th, Eynav Azaria sold 13,242 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $18,671.22.

Kaltura Stock Performance

KLTR stock opened at $1.51 on Friday. The company has a market cap of $230.35 million, a price-to-earnings ratio of -16.78 and a beta of 1.18. The business’s 50-day moving average is $1.47 and its two-hundred day moving average is $1.39. Kaltura, Inc. has a fifty-two week low of $1.05 and a fifty-two week high of $2.05.

Kaltura (NASDAQ:KLTR) last released its quarterly 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 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%.

Analyst Ratings Changes

KLTR has been the subject of a number of recent research reports. Needham & Company LLC reiterated a “buy” rating and set a $3.00 price objective on shares of Kaltura in a research note on Wednesday, May 13th. Wall Street Zen raised Kaltura from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $3.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC raised its holdings in shares of Kaltura by 69.6% in the 1st quarter. Cubist Systematic Strategies LLC now owns 61,772 shares of the company’s stock valued at $116,000 after purchasing an additional 25,352 shares in the last quarter. AQR Capital Management LLC increased its holdings in Kaltura by 99.7% during the first quarter. AQR Capital Management LLC now owns 50,234 shares of the company’s stock valued at $94,000 after buying an additional 25,083 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Kaltura in the first quarter worth approximately $128,000. Jane Street Group LLC purchased a new stake in Kaltura during the first quarter worth $90,000. Finally, Rhumbline Advisers lifted its holdings in Kaltura by 10.7% during the first quarter. Rhumbline Advisers now owns 80,304 shares of the company’s stock worth $151,000 after buying an additional 7,760 shares during the period. Hedge funds and other institutional investors 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.