Kaleyra, Inc. (NYSEAMERICAN:KLR) CFO Sells $51,279.87 in Stock

Kaleyra, Inc. (NYSEAMERICAN:KLR) CFO Giacomo Dall’aglio sold 4,463 shares of the business’s stock in a transaction that occurred on Wednesday, June 9th. The stock was sold at an average price of $11.49, for a total value of $51,279.87. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Giacomo Dall’aglio also recently made the following trade(s):

  • On Monday, June 7th, Giacomo Dall’aglio sold 11,585 shares of Kaleyra stock. The stock was sold at an average price of $11.49, for a total value of $133,111.65.

NYSEAMERICAN KLR opened at $12.59 on Friday. The business’s fifty day simple moving average is $8.25. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 2.63. Kaleyra, Inc. has a fifty-two week low of $3.80 and a fifty-two week high of $20.75. The company has a market capitalization of $394.16 million, a PE ratio of -11.77 and a beta of 0.49.

Kaleyra (NYSEAMERICAN:KLR) last released its earnings results on Monday, May 10th. The company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.18). On average, equities research analysts expect that Kaleyra, Inc. will post -0.91 earnings per share for the current year.

A number of large investors have recently made changes to their positions in the stock. Advisory Services Network LLC bought a new position in Kaleyra during the 1st quarter worth $637,000. Morgan Stanley lifted its position in Kaleyra by 828.1% in the 1st quarter. Morgan Stanley now owns 138,252 shares of the company’s stock valued at $1,950,000 after acquiring an additional 123,356 shares in the last quarter. Global Wealth Management Investment Advisory Inc. bought a new position in shares of Kaleyra during the 1st quarter worth approximately $66,000. Venator Capital Management Ltd. bought a new position in shares of Kaleyra during the 1st quarter worth approximately $1,635,000. Finally, Cheyne Capital Management UK LLP bought a new position in shares of Kaleyra during the 1st quarter worth approximately $2,883,000. 27.63% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research downgraded Kaleyra from a “hold” rating to a “sell” rating in a research report on Wednesday, May 5th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Kaleyra has a consensus rating of “Buy” and an average price target of $16.00.

Kaleyra Company Profile

Kaleyra, Inc is a global group providing mobile communication services for financial institutions and enterprises of all sizes worldwide. Its proprietary platform manages multi-channel integrated communication services on a global scale, comprising of messages, push notifications, e-mail, instant messaging, voice services and chatbots.

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