Eynav Azaria Sells 7,816 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 7,816 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $1.51, for a total value of $11,802.16. Following the transaction, the insider directly owned 2,060,383 shares of the company’s stock, valued at $3,111,178.33. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• 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 stock was 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 shares were 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 stock was 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.
• 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 transaction of $28,794.88.
• 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 transaction of $18,671.22.

Kaltura Stock Performance

Shares of NASDAQ:KLTR traded up $0.03 during trading hours on Thursday, hitting $1.54. The stock had a trading volume of 43,437 shares, compared to its average volume of 568,810. The stock’s fifty day simple moving average is $1.46 and its 200 day simple moving average is $1.39. Kaltura, Inc. has a 1-year low of $1.05 and a 1-year high of $2.05. The firm has a market capitalization of $235.69 million, a price-to-earnings ratio of -17.05 and a beta of 1.18.

Kaltura (NASDAQ:KLTR) last announced its quarterly earnings data 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 return on equity of 51.05% and a negative net margin of 6.92%.The business had revenue of $46.89 million during the quarter, compared to analyst estimates of $45.60 million.

Institutional Trading of Kaltura

Institutional investors have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC increased its stake in Kaltura by 69.6% in the 1st quarter. Cubist Systematic Strategies LLC now owns 61,772 shares of the company’s stock valued at $116,000 after buying an additional 25,352 shares during the period. AQR Capital Management LLC grew its holdings in shares of Kaltura by 99.7% during the 1st quarter. AQR Capital Management LLC now owns 50,234 shares of the company’s stock valued at $94,000 after acquiring an additional 25,083 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Kaltura in the first quarter worth $128,000. Jane Street Group LLC purchased a new stake in shares of Kaltura during the first quarter worth $90,000. Finally, Rhumbline Advisers boosted its position in Kaltura by 10.7% during the first quarter. Rhumbline Advisers now owns 80,304 shares of the company’s stock valued at $151,000 after purchasing an additional 7,760 shares during the last quarter. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.