Key Points
- Kaltura insider Eynav Azaria sold 9,866 shares at an average price of $1.53, generating $15,094.98. The transaction reduced the insider’s position by 0.48%, leaving 2,050,517 shares.
- Azaria has made several additional sales recently, including 83,995 shares sold in August at $2.01, indicating a broader pattern of insider selling.
- Kaltura shares opened at $1.48, with a market capitalization of approximately $225.8 million. The company recently beat quarterly revenue and EPS expectations, while analyst opinions remain mixed, resulting in an average “Hold” rating and a $3.00 price target.
Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 8,176 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $1.51, for a total value of $12,345.76. Following the completion of the sale, the insider owned 2,042,341 shares of the company's stock, valued at $3,083,934.91. This represents a 0.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Eynav Azaria also recently made the following trade(s):
- On Thursday, September 3rd, Eynav Azaria sold 9,866 shares of Kaltura stock. The shares were sold at an average price of $1.53, for a total value of $15,094.98.
- On Wednesday, September 2nd, Eynav Azaria sold 7,816 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value of $11,802.16.
- 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 transaction 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 transaction 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 transaction of $8,947.42.
- On Tuesday, July 21st, Eynav Azaria sold 3,480 shares of Kaltura stock. The shares were 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 transaction of $14,303.80.
- On Wednesday, June 17th, Eynav Azaria sold 4,448 shares of Kaltura stock. The shares were 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 stock was sold at an average price of $1.48, for a total transaction of $17,868.04.
Kaltura Stock Down 2.0%
Shares of KLTR opened at $1.48 on Wednesday. The stock has a market cap of $225.78 million, a price-to-earnings ratio of -16.44 and a beta of 1.18. Kaltura, Inc. has a 12 month low of $1.05 and a 12 month high of $2.05. The company has a 50-day moving average price of $1.48 and a two-hundred day moving average price of $1.39.
Kaltura (NASDAQ:KLTR - Get Free Report) last released 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 company had revenue of $46.89 million for the quarter, compared to analyst estimates of $45.60 million.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the company. Weiss Ratings reiterated 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 research note on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Kaltura from a "hold" rating to a "buy" rating in a report on Saturday, August 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $3.00.
Get Our Latest Stock Report on KLTR
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of KLTR. BNP Paribas Financial Markets grew its position in Kaltura by 70.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company's stock worth $25,000 after acquiring an additional 7,184 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in Kaltura in the 2nd quarter valued at $28,000. Citadel Advisors LLC bought a new position in Kaltura in the 3rd quarter valued at $35,000. Acuitas Investments LLC acquired a new position in Kaltura in the first quarter worth $37,000. Finally, EntryPoint Capital LLC bought a new stake in shares of Kaltura during the fourth quarter worth $38,000. 30.79% of the stock is owned by institutional investors and hedge funds.
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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