Key Points
- Kaltura insider Eynav Azaria sold 10,078 shares at an average price of $1.48, generating $14,915.44. The sale reduced the insider’s holdings by 0.50%, leaving 2,019,922 shares.
- Azaria has made multiple additional sales in recent months, including 12,341 shares on September 8 and 83,995 shares on August 5, indicating a continued pattern of insider selling.
- KLTR recently traded at $1.43, with a market capitalization of $218.15 million. Although Kaltura exceeded quarterly earnings and revenue expectations, analyst sentiment remains mixed, with a consensus rating of Hold and a $3.00 price target.
Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 10,078 shares of the company's stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $1.48, for a total value of $14,915.44. Following the sale, the insider owned 2,019,922 shares of the company's stock, valued at $2,989,484.56. The trade was a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Eynav Azaria also recently made the following trade(s):
- On Tuesday, September 8th, Eynav Azaria sold 12,341 shares of Kaltura stock. The shares were sold at an average price of $1.49, for a total value of $18,388.09.
- 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 Friday, September 4th, Eynav Azaria sold 8,176 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total value of $12,345.76.
- 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 shares were sold at an average price of $1.54, for a total value of $6,665.12.
- On Wednesday, August 5th, Eynav Azaria sold 83,995 shares of Kaltura stock. The shares were sold at an average price of $2.01, for a total value of $168,829.95.
- On Wednesday, July 22nd, Eynav Azaria sold 6,301 shares of Kaltura stock. The stock was sold at an average price of $1.42, for a total value 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 shares were 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.
Kaltura Price Performance
KLTR stock opened at $1.43 on Friday. The stock has a market cap of $218.15 million, a price-to-earnings ratio of -15.89 and a beta of 1.18. The company has a 50 day simple moving average of $1.48 and a 200 day simple moving average of $1.39. Kaltura, Inc. has a 1 year low of $1.05 and a 1 year high of $2.05.
Kaltura (NASDAQ:KLTR - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $46.89 million for the quarter, compared to analyst estimates of $45.60 million. Kaltura had a negative net margin of 6.92% and a negative return on equity of 51.05%.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on KLTR shares. Wall Street Zen raised Kaltura from a "hold" rating to a "buy" rating in a report on Saturday, August 29th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Kaltura in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $3.00.
Check Out Our Latest Analysis on KLTR
Hedge Funds Weigh In On Kaltura
Large investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC lifted its holdings in shares of Kaltura by 69.6% during the first quarter. Cubist Systematic Strategies LLC now owns 61,772 shares of the company's stock worth $116,000 after purchasing an additional 25,352 shares during the period. AQR Capital Management LLC increased its holdings in Kaltura by 99.7% in the first quarter. AQR Capital Management LLC now owns 50,234 shares of the company's stock valued at $94,000 after purchasing an additional 25,083 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Kaltura in the first quarter valued at $128,000. Jane Street Group LLC bought a new position in Kaltura during the 1st quarter worth $90,000. Finally, Rhumbline Advisers raised its position in Kaltura by 10.7% during the 1st quarter. Rhumbline Advisers now owns 80,304 shares of the company's stock worth $151,000 after purchasing an additional 7,760 shares during the last quarter. Institutional investors own 30.79% of the company's stock.
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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