Eynav Azaria Sells 19,456 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 19,456 shares of Kaltura stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $1.48, for a total transaction of $28,794.88. Following the transaction, the insider directly owned 2,195,818 shares in the company, valued at approximately $3,249,810.64. The trade was a 0.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, June 12th, Eynav Azaria sold 13,242 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $18,671.22.
• On Thursday, June 11th, Eynav Azaria sold 4,219 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $5,948.79.
• On Wednesday, June 10th, Eynav Azaria sold 8,344 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $11,765.04.
• On Tuesday, June 9th, Eynav Azaria sold 6,975 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $9,834.75.
• On Monday, June 8th, Eynav Azaria sold 8,254 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $11,638.14.
• On Thursday, June 4th, Eynav Azaria sold 16,218 shares of Kaltura stock. The stock was sold at an average price of $1.44, for a total value of $23,353.92.
• On Friday, June 5th, Eynav Azaria sold 2,765 shares of Kaltura stock. The shares were sold at an average price of $1.43, for a total value of $3,953.95.
• On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The shares were sold at an average price of $1.49, for a total value of $648.15.
• On Tuesday, June 2nd, Eynav Azaria sold 7,412 shares of Kaltura stock. The stock was sold at an average price of $1.53, for a total transaction of $11,340.36.
• On Tuesday, May 5th, Eynav Azaria sold 869 shares of Kaltura stock. The shares were sold at an average price of $1.46, for a total transaction of $1,268.74.

Kaltura Stock Performance

NASDAQ:KLTR opened at $1.45 on Wednesday. The company’s 50-day simple moving average is $1.37 and its 200-day simple moving average is $1.44. Kaltura, Inc. has a fifty-two week low of $1.06 and a fifty-two week high of $2.13. The stock has a market capitalization of $218.05 million, a P/E ratio of -14.50 and a beta of 1.14.

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

Wall Street Analyst Weigh In

Several analysts have recently commented on KLTR shares. Wall Street Zen lowered Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Needham & Company LLC restated a “buy” rating and set a $3.00 target price on shares of Kaltura in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $3.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. S Squared Technology LLC raised its holdings in shares of Kaltura by 39.6% in the fourth quarter. S Squared Technology LLC now owns 1,316,323 shares of the company’s stock worth $2,159,000 after buying an additional 373,149 shares during the last quarter. First Eagle Investment Management LLC purchased a new stake in shares of Kaltura during the fourth quarter valued at $364,000. SG Americas Securities LLC increased its position in shares of Kaltura by 107.0% in the 4th quarter. SG Americas Securities LLC now owns 35,817 shares of the company’s stock valued at $59,000 after acquiring an additional 18,512 shares during the period. GSA Capital Partners LLP increased its position in shares of Kaltura by 7.4% in the 3rd quarter. GSA Capital Partners LLP now owns 111,532 shares of the company’s stock valued at $161,000 after acquiring an additional 7,695 shares during the period. Finally, Barclays PLC raised its stake in Kaltura by 5.6% in the 4th quarter. Barclays PLC now owns 245,294 shares of the company’s stock worth $402,000 after acquiring an additional 13,034 shares during the last quarter. Institutional investors and hedge funds 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.