Key Points
- Kaltura insider Eynav Azaria sold 7,116 shares at an average price of $1.42, generating $10,104.72. Following the transaction, Azaria retained 1,992,125 shares, and the sale reduced their ownership by 0.36%.
- Azaria has conducted multiple additional sales in September, selling shares at prices ranging from $1.41 to $1.53, indicating a broader pattern of insider selling.
- Kaltura shares opened at $1.34, with a market capitalization of approximately $204.4 million. Analysts have a consensus “Hold” rating and a $3.00 average price target, while the company recently exceeded quarterly revenue and EPS expectations.
Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 7,116 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $1.42, for a total transaction of $10,104.72. Following the sale, the insider directly owned 1,992,125 shares in the company, valued at $2,828,817.50. This trade represents a 0.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Eynav Azaria also recently made the following trade(s):
- On Thursday, September 17th, Eynav Azaria sold 6,488 shares of Kaltura stock. The shares were sold at an average price of $1.42, for a total transaction of $9,212.96.
- On Monday, September 14th, Eynav Azaria sold 5,149 shares of Kaltura stock. The stock was sold at an average price of $1.43, for a total transaction of $7,363.07.
- On Tuesday, September 15th, Eynav Azaria sold 6,113 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total transaction of $8,619.33.
- On Friday, September 11th, Eynav Azaria sold 5,656 shares of Kaltura stock. The shares were sold at an average price of $1.42, for a total value of $8,031.52.
- On Thursday, September 10th, Eynav Azaria sold 3,763 shares of Kaltura stock. The shares were sold at an average price of $1.45, for a total value of $5,456.35.
- On Wednesday, September 9th, Eynav Azaria sold 10,078 shares of Kaltura stock. The stock was sold at an average price of $1.48, for a total value of $14,915.44.
- On Tuesday, September 8th, Eynav Azaria sold 12,341 shares of Kaltura stock. The stock was 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 stock was 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 shares were 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 shares were sold at an average price of $1.51, for a total value of $11,802.16.
Kaltura Price Performance
Shares of KLTR stock opened at $1.34 on Friday. The company has a market cap of $204.42 million, a price-to-earnings ratio of -14.89 and a beta of 1.18. The stock has a 50 day simple moving average of $1.50 and a 200-day simple moving average of $1.40. 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 announced its earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $46.89 million for the quarter, compared to analyst estimates of $45.60 million.
Institutional Trading of Kaltura
Several large investors have recently made changes to their positions in KLTR. Squarepoint Ops LLC acquired a new position in Kaltura during the second quarter worth about $204,000. Bank of America Corp DE acquired a new stake in shares of Kaltura in the 2nd quarter worth $197,000. Hsbc Holdings PLC acquired a new position in shares of Kaltura during the 2nd quarter valued at about $46,000. S Squared Technology LLC purchased a new stake in shares of Kaltura in the second quarter valued at about $2,525,645. Finally, Globeflex Capital L P purchased a new stake in shares of Kaltura in the second quarter valued at about $676,000. 30.79% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Kaltura in a report on Friday, September 11th. Wall Street Zen downgraded shares of Kaltura from a "buy" rating to a "hold" rating in a research report on Saturday, September 12th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $3.00.
Read Our Latest Stock Report on KLTR
Kaltura Company Profile
(
Get Free Report)
Kaltura, Inc provides cloud-based video technology and software services for businesses, educational institutions, media companies, telecommunications providers and government organizations. Its platform is designed to help customers create, manage, distribute and analyze live and on-demand video content across digital channels.
The company's product offerings include video management and hosting, virtual classrooms, webinar and virtual event tools, video portals, live streaming and audience engagement solutions.
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