Kaltura (NASDAQ:KLTR) CEO Ron Yekutiel Purchases 43,550 Shares

Key Points

  • CEO Ron Yekutiel bought 43,550 shares on March 20 at an average price of $1.14 (after buying 44,100 shares on March 19 at ~$1.12), increasing his stake to 15,015,273 shares — a ~0.29% boost and holdings valued at about $17.12M.
  • Kaltura shares trade near $1.22 with a market cap of ~$181.5M (50‑day/200‑day MAs $1.43/$1.53 and a 12‑month range of $1.06–$2.33); the company reported $0.03 EPS on $45.54M revenue but remains unprofitable (net margin -6.68%, ROE -21.39%).
  • Analyst and institutional sentiment is mixed: the consensus rating is “Hold” with an average $3.00 price target, and institutions own about 30.79% of the stock while several funds recently increased positions.

Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) CEO Ron Yekutiel acquired 43,550 shares of Kaltura stock in a transaction dated Friday, March 20th. The stock was bought at an average price of $1.14 per share, for a total transaction of $49,647.00. Following the completion of the purchase, the chief executive officer owned 15,015,273 shares of the company's stock, valued at approximately $17,117,411.22. This represents a 0.29% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Ron Yekutiel also recently made the following trade(s):

  • On Thursday, March 19th, Ron Yekutiel bought 44,100 shares of Kaltura stock. The stock was bought at an average price of $1.12 per share, with a total value of $49,392.00.

Kaltura Price Performance

KLTR opened at $1.22 on Tuesday. The business has a fifty day moving average price of $1.43 and a 200 day moving average price of $1.53. Kaltura, Inc. has a 12 month low of $1.06 and a 12 month high of $2.33. The stock has a market capitalization of $181.46 million, a price-to-earnings ratio of -15.25 and a beta of 1.06.

Kaltura (NASDAQ:KLTR - Get Free Report) last posted its quarterly earnings results on Monday, March 16th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $45.54 million for the quarter, compared to analyst estimates of $45.35 million. Kaltura had a negative return on equity of 21.39% and a negative net margin of 6.68%.

Institutional Investors Weigh In On Kaltura




Several hedge funds and other institutional investors have recently made changes to their positions in KLTR. Gagnon Securities LLC lifted its stake in Kaltura by 32.6% during the third quarter. Gagnon Securities LLC now owns 2,885,976 shares of the company's stock worth $4,156,000 after purchasing an additional 709,598 shares during the last quarter. Gagnon Advisors LLC boosted its holdings in Kaltura by 1.9% in the third quarter. Gagnon Advisors LLC now owns 1,413,010 shares of the company's stock valued at $2,035,000 after purchasing an additional 26,966 shares in the last quarter. Hillsdale Investment Management Inc. boosted its holdings in Kaltura by 8.2% in the second quarter. Hillsdale Investment Management Inc. now owns 131,900 shares of the company's stock valued at $265,000 after purchasing an additional 10,000 shares in the last quarter. Franklin Resources Inc. acquired a new stake in Kaltura during the third quarter worth approximately $40,000. Finally, EntryPoint Capital LLC acquired a new stake in Kaltura during the fourth quarter worth approximately $38,000. Institutional investors and hedge funds own 30.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on KLTR shares. Wall Street Zen downgraded shares of Kaltura from a "buy" rating to a "hold" rating in a research note on Saturday. Weiss Ratings reissued a "sell (d-)" rating on shares of Kaltura in a research report on Monday, December 29th. Finally, Needham & Company LLC restated a "buy" rating and issued a $3.00 price objective on shares of Kaltura in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $3.00.

Get Our Latest Stock Analysis on KLTR

Kaltura Company Profile

(Get Free Report)

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.

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