Eynav Azaria Sells 8,176 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 8,176 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $1.51, for a total value of $12,345.76. Following the sale, the insider owned 2,042,341 shares of the company’s stock, valued at approximately $3,083,934.91. The trade was a 0.40% decrease in their ownership of the stock. 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 3rd, Eynav Azaria sold 9,866 shares of Kaltura stock. The shares were sold at an average price of $1.53, for a total value of $15,094.98.
• 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.
• On Tuesday, September 1st, Eynav Azaria sold 4,328 shares of Kaltura stock. The stock was sold at an average price of $1.54, for a total value of $6,665.12.
• On Wednesday, August 5th, Eynav Azaria sold 83,995 shares of Kaltura stock. The stock was 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 shares were sold at an average price of $1.42, for a total value of $8,947.42.
• On Tuesday, July 21st, Eynav Azaria sold 3,480 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value 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 value of $3,887.80.
• On Thursday, June 18th, Eynav Azaria sold 10,217 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total transaction 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.

Kaltura Stock Down 1.4%

Kaltura stock opened at $1.46 on Thursday. The company has a market capitalization of $222.72 million, a PE ratio of -16.22 and a beta of 1.18. Kaltura, Inc. has a 12-month low of $1.05 and a 12-month high of $2.05. The firm’s fifty day moving average is $1.48 and its 200 day moving average is $1.39.

Kaltura (NASDAQ:KLTR) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. Kaltura had a negative net margin of 6.92% and a negative return on equity of 51.05%. The firm had revenue of $46.89 million during the quarter, compared to the consensus estimate of $45.60 million.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Kaltura

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Kaltura during the second quarter worth about $7,792,000. Vanguard Group Inc. lifted its position in Kaltura by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,010,605 shares of the company’s stock valued at $7,215,000 after acquiring an additional 79,633 shares in the last quarter. Geode Capital Management LLC boosted its stake in Kaltura by 6.4% during the 4th quarter. Geode Capital Management LLC now owns 2,043,747 shares of the company’s stock valued at $3,352,000 after purchasing an additional 122,548 shares during the last quarter. S Squared Technology LLC acquired a new position in Kaltura during the 2nd quarter valued at about $2,525,645. Finally, Russell Investments Group Ltd. increased its holdings in Kaltura by 5.2% during the 4th quarter. Russell Investments Group Ltd. now owns 1,704,197 shares of the company’s stock worth $2,796,000 after purchasing an additional 83,792 shares in the last quarter. 30.79% of the stock is owned by institutional investors.

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.