Eynav Azaria Sells 8,344 Shares of Kaltura (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) insider Eynav Azaria sold 8,344 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $1.41, for a total transaction of $11,765.04. Following the completion of the transaction, the insider owned 2,232,735 shares of the company’s stock, valued at approximately $3,148,156.35. This represents a 0.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 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 transaction 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 transaction 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 transaction 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 transaction of $3,953.95.
• On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The stock was sold at an average price of $1.49, for a total transaction 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 stock was sold at an average price of $1.46, for a total transaction of $1,268.74.
• On Monday, May 4th, Eynav Azaria sold 17,671 shares of Kaltura stock. The stock was sold at an average price of $1.47, for a total transaction of $25,976.37.
• On Thursday, April 30th, Eynav Azaria sold 2,672 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total transaction of $3,740.80.
• On Wednesday, April 29th, Eynav Azaria sold 11,086 shares of Kaltura stock. The stock was sold at an average price of $1.45, for a total transaction of $16,074.70.

Kaltura Stock Up 5.7%

Shares of Kaltura stock opened at $1.48 on Tuesday. The stock has a market capitalization of $222.56 million, a P/E ratio of -14.80 and a beta of 1.14. The company has a 50-day simple moving average of $1.36 and a 200 day simple moving average of $1.44. Kaltura, Inc. has a 12-month low of $1.06 and a 12-month high of $2.13.

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

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of KLTR. Tocqueville Asset Management L.P. boosted its stake in shares of Kaltura by 69.5% in the 3rd 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 during the last quarter. S Squared Technology LLC boosted its stake in shares of Kaltura by 39.6% in the 4th quarter. S Squared Technology LLC now owns 1,316,323 shares of the company’s stock valued at $2,159,000 after purchasing an additional 373,149 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Kaltura by 63.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 917,078 shares of the company’s stock valued at $1,843,000 after purchasing an additional 355,358 shares during the last quarter. First Eagle Investment Management LLC bought a new position in shares of Kaltura in the 4th quarter valued at about $364,000. Finally, Los Angeles Capital Management LLC boosted its stake in shares of Kaltura by 355.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 191,285 shares of the company’s stock valued at $293,000 after purchasing an additional 149,310 shares during the last quarter. Institutional investors own 30.79% of the company’s stock.

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.