Kaltura (NASDAQ:KLTR) Insider Eynav Azaria Sells 83,995 Shares of Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 83,995 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $2.01, for a total transaction of $168,829.95. Following the sale, the insider directly owned 2,072,527 shares of the company’s stock, valued at $4,165,779.27. This represents a 3.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• 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 transaction 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 transaction 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 transaction of $3,887.80.
• On Thursday, June 18th, Eynav Azaria sold 10,217 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total value 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 value of $6,360.64.
• On Tuesday, June 16th, Eynav Azaria sold 12,073 shares of Kaltura stock. The stock was 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.
• 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.

Kaltura Stock Up 2.0%

NASDAQ:KLTR traded up $0.04 on Friday, hitting $1.75. The stock had a trading volume of 464,742 shares, compared to its average volume of 600,534. Kaltura, Inc. has a 52 week low of $1.05 and a 52 week high of $2.05. The business’s fifty day moving average is $1.39 and its 200 day moving average is $1.38. The company has a market cap of $239.72 million, a PE ratio of -19.50 and a beta of 1.15.

Kaltura (NASDAQ:KLTR) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. Kaltura had a negative return on equity of 40.54% and a negative net margin of 6.92%.The firm had revenue of $46.89 million during the quarter, compared to the consensus estimate of $45.60 million.

Hedge Funds Weigh In On Kaltura

Several hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets grew its holdings in shares of Kaltura by 70.3% in the third quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock valued at $25,000 after acquiring an additional 7,184 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in Kaltura in the second quarter worth $28,000. Citadel Advisors LLC purchased a new position in Kaltura in the third quarter worth $35,000. Acuitas Investments LLC bought a new position in Kaltura during the first quarter valued at about $37,000. Finally, EntryPoint Capital LLC bought a new position in shares of Kaltura during the 4th quarter valued at approximately $38,000. Institutional investors own 30.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on KLTR. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kaltura in a research note on Tuesday, June 16th. Needham & Company LLC restated a “buy” rating and issued a $3.00 target price on shares of Kaltura in a report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average 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.