Natan Israeli Sells 13,965 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Natan Israeli sold 13,965 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $1.52, for a total value of $21,226.80. Following the sale, the insider owned 2,167,959 shares in the company, valued at approximately $3,295,297.68. This trade represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, May 19th, Natan Israeli sold 13,229 shares of Kaltura stock. The stock was sold at an average price of $1.52, for a total value of $20,108.08.
• 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 value of $14,743.50.
• On Friday, May 15th, Natan Israeli sold 2,933 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total value of $4,399.50.
• On Thursday, May 14th, Natan Israeli sold 6,334 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value 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 value of $43,611.82.
• On Monday, May 4th, Natan Israeli sold 5,130 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total value of $7,695.00.
• On Tuesday, April 28th, Natan Israeli sold 1,100 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value of $1,661.00.

Kaltura Stock Performance

NASDAQ:KLTR opened at $1.45 on Friday. The stock’s fifty day moving average price is $1.29 and its two-hundred day moving average price is $1.45. Kaltura, Inc. has a 52-week low of $1.06 and a 52-week high of $2.28. The company has a market cap of $218.04 million, a price-to-earnings ratio of -14.50 and a beta of 1.11.

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

Analyst Upgrades and Downgrades

KLTR has been the topic of several research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 price objective on shares of Kaltura in a report on Wednesday, May 13th. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $3.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in KLTR. SG Americas Securities LLC acquired a new position in shares of Kaltura in the 3rd quarter valued at $25,000. BNP Paribas Financial Markets lifted its stake 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 purchasing 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. Finally, Acuitas Investments LLC acquired a new position in shares of Kaltura in the 1st quarter valued at $37,000. Institutional investors and hedge funds own 30.79% of the company’s stock.

About Kaltura

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.