Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 7,116 Shares

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 7,116 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $1.42, for a total transaction of $10,104.72. Following the completion of the sale, the insider owned 1,992,125 shares in the company, valued at approximately $2,828,817.50. This trade represents a 0.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Thursday, September 17th, Eynav Azaria sold 6,488 shares of Kaltura stock. The shares were sold at an average price of $1.42, for a total value of $9,212.96.
• On Monday, September 14th, Eynav Azaria sold 5,149 shares of Kaltura stock. The stock was sold at an average price of $1.43, for a total value of $7,363.07.
• On Tuesday, September 15th, Eynav Azaria sold 6,113 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total transaction of $8,619.33.
• On Friday, September 11th, Eynav Azaria sold 5,656 shares of Kaltura stock. The shares were sold at an average price of $1.42, for a total transaction of $8,031.52.
• On Thursday, September 10th, Eynav Azaria sold 3,763 shares of Kaltura stock. The stock was sold at an average price of $1.45, for a total transaction of $5,456.35.
• On Wednesday, September 9th, Eynav Azaria sold 10,078 shares of Kaltura stock. The shares were sold at an average price of $1.48, for a total transaction of $14,915.44.
• On Tuesday, September 8th, Eynav Azaria sold 12,341 shares of Kaltura stock. The shares were sold at an average price of $1.49, for a total transaction 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 transaction 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 value of $11,802.16.

Kaltura Stock Down 5.6%

Kaltura stock opened at $1.34 on Friday. The business has a 50-day simple moving average of $1.50 and a two-hundred day simple moving average of $1.40. The company has a market cap of $204.42 million, a P/E ratio of -14.89 and a beta of 1.18. Kaltura, Inc. has a 52-week low of $1.05 and a 52-week high of $2.05.

Kaltura (NASDAQ:KLTR) last announced its earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company 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

Several institutional investors have recently modified their holdings of the stock. S Squared Technology LLC acquired a new position in Kaltura during the 2nd quarter valued at approximately $2,525,645. BlackRock Inc. acquired a new position in shares of Kaltura in the 2nd quarter valued at about $7,792,000. Globeflex Capital L P purchased a new stake in shares of Kaltura in the second quarter worth about $676,000. Ieq Capital LLC acquired a new stake in Kaltura during the second quarter worth about $126,000. Finally, Deutsche Bank AG purchased a new position in Kaltura during the second quarter valued at approximately $94,000. 30.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, September 12th. Weiss Ratings restated a “sell (e+)” rating on shares of Kaltura in a research report on Friday, September 11th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $3.00.

Kaltura Company Profile

Kaltura, Inc provides cloud-based video technology and software services for businesses, educational institutions, media companies, telecommunications providers and government organizations. Its platform is designed to help customers create, manage, distribute and analyze live and on-demand video content across digital channels.

The company’s product offerings include video management and hosting, virtual classrooms, webinar and virtual event tools, video portals, live streaming and audience engagement solutions.