Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 8,344 shares of Kaltura stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $1.41, for a total transaction of $11,765.04. Following the transaction, the insider owned 2,232,735 shares of the company's stock, valued at approximately $3,148,156.35. The trade was a 0.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Eynav Azaria also recently made the following trade(s):
- 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 transaction of $18,671.22.
- On Thursday, June 11th, Eynav Azaria sold 4,219 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total transaction of $5,948.79.
- On Tuesday, June 9th, Eynav Azaria sold 6,975 shares of Kaltura stock. The stock was 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 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 shares were sold at an average price of $1.47, for a total transaction of $25,976.37.
Kaltura Stock Performance
Shares of KLTR opened at $1.45 on Wednesday. The company has a market capitalization of $218.05 million, a PE ratio of -14.50 and a beta of 1.14. The stock has a fifty day moving average of $1.37 and a two-hundred day moving average of $1.44. Kaltura, Inc. has a fifty-two week low of $1.06 and a fifty-two week high of $2.13.
Kaltura (NASDAQ:KLTR - Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $44.63 million for the quarter, compared to analyst estimates of $43.00 million. Kaltura had a negative return on equity of 35.91% and a negative net margin of 8.25%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in KLTR. Tocqueville Asset Management L.P. grew its stake 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 buying an additional 575,000 shares in the last quarter. S Squared Technology LLC lifted its position in shares of Kaltura by 39.6% during the fourth quarter. S Squared Technology LLC now owns 1,316,323 shares of the company's stock worth $2,159,000 after purchasing an additional 373,149 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Kaltura by 63.3% in the second 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 period. First Eagle Investment Management LLC acquired a new stake in Kaltura during the 4th quarter valued at $364,000. Finally, Los Angeles Capital Management LLC boosted its position in 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 buying an additional 149,310 shares during the last quarter. 30.79% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on KLTR shares. Wall Street Zen cut Kaltura from a "buy" rating to a "hold" rating in a report on Saturday, March 21st. Needham & Company LLC reaffirmed a "buy" rating and issued a $3.00 price objective on shares of Kaltura in a research note on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $3.00.
Read Our Latest Analysis on Kaltura
About Kaltura
(
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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