Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 12,073 Shares of Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 12,073 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $1.48, for a total value of $17,868.04. Following the completion of the transaction, the insider directly owned 2,183,745 shares of the company’s stock, valued at approximately $3,231,942.60. The trade was a 0.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, June 15th, Eynav Azaria sold 19,456 shares of Kaltura stock. The shares were sold at an average price of $1.48, for a total value of $28,794.88.
• On Friday, June 12th, Eynav Azaria sold 13,242 shares of Kaltura stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $1.53, for a total value of $11,340.36.

Kaltura Price Performance

Shares of Kaltura stock opened at $1.41 on Thursday. The stock’s 50-day moving average is $1.37 and its 200 day moving average is $1.44. Kaltura, Inc. has a one year low of $1.06 and a one year high of $2.12. The firm has a market cap of $212.04 million, a price-to-earnings ratio of -14.10 and a beta of 1.14.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Kaltura by 1.6% in the third quarter. Vanguard Group Inc. now owns 5,010,605 shares of the company’s stock valued at $7,215,000 after purchasing an additional 79,633 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kaltura by 6.4% in the fourth 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 in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Kaltura by 5.2% in the fourth quarter. Russell Investments Group Ltd. now owns 1,704,197 shares of the company’s stock valued at $2,796,000 after purchasing an additional 83,792 shares in the last quarter. State Street Corp lifted its holdings in shares of Kaltura by 9.2% in the fourth quarter. State Street Corp now owns 1,598,453 shares of the company’s stock valued at $2,621,000 after purchasing an additional 135,092 shares in the last quarter. Finally, Tocqueville Asset Management L.P. lifted its holdings in shares of Kaltura by 69.5% in the third quarter. Tocqueville Asset Management L.P. now owns 1,402,383 shares of the company’s stock valued at $2,019,000 after purchasing an additional 575,000 shares in the last quarter. Institutional investors own 30.79% of the company’s stock.

Analysts Set New Price Targets

KLTR has been the topic of a number of research reports. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 price target 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 data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $3.00.

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.