Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 8,037 shares of Kaltura stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $1.43, for a total value of $11,492.91. Following the transaction, the insider owned 1,964,343 shares of the company's stock, valued at $2,809,010.49. The trade was a 0.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Eynav Azaria also recently made the following trade(s):
- On Wednesday, October 14th, Eynav Azaria sold 2,665 shares of Kaltura stock. The stock was sold at an average price of $1.40, for a total value of $3,731.00.
- On Tuesday, October 13th, Eynav Azaria sold 5,156 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total value of $7,218.40.
- On Monday, October 12th, Eynav Azaria sold 1,336 shares of Kaltura stock. The shares were sold at an average price of $1.40, for a total value of $1,870.40.
- On Friday, September 18th, Eynav Azaria sold 4,100 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $5,781.00.
- On Thursday, September 17th, Eynav Azaria sold 6,488 shares of Kaltura stock. The stock was sold at an average price of $1.42, for a total value of $9,212.96.
- On Wednesday, September 16th, Eynav Azaria sold 7,116 shares of Kaltura stock. The stock was sold at an average price of $1.42, for a total value of $10,104.72.
- 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 value of $7,363.07.
- On Tuesday, September 15th, Eynav Azaria sold 6,113 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value 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.
Kaltura Price Performance
KLTR stock traded down $0.07 during midday trading on Friday, reaching $1.38. 208,554 shares of the company were exchanged, compared to its average volume of 240,902. The business has a 50-day moving average price of $1.46 and a two-hundred day moving average price of $1.40. Kaltura, Inc. has a one year low of $1.05 and a one year high of $2.05. The firm has a market capitalization of $210.52 million, a price-to-earnings ratio of -15.33 and a beta of 1.20.
Kaltura (NASDAQ:KLTR - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company had revenue of $46.89 million for the quarter, compared to the consensus estimate of $45.60 million. Kaltura had a negative return on equity of 51.05% and a negative net margin of 6.92%.
Analysts Set New Price Targets
A number of research analysts have commented on the company. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Kaltura in a report on Friday, September 11th. Wall Street Zen cut Kaltura from a "buy" rating to a "hold" rating in a research report on Saturday, September 12th. One research 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 company has a consensus rating of "Hold" and a consensus target price of $3.00.
Read Our Latest Research Report on Kaltura
Institutional Trading of Kaltura
A number of institutional investors have recently bought and sold shares of the business. Squarepoint Ops LLC bought a new position in shares of Kaltura during the second quarter worth approximately $204,000. Bank of America Corp DE acquired a new stake in Kaltura during the second quarter worth approximately $197,000. Hsbc Holdings PLC bought a new position in Kaltura during the 2nd quarter worth $46,000. S Squared Technology LLC bought a new position in Kaltura during the 2nd quarter worth $2,525,645. Finally, Globeflex Capital L P acquired a new position in Kaltura in the 2nd quarter valued at $676,000. Institutional investors own 30.79% of the company's stock.
About Kaltura
(
Get Free Report)
Kaltura, Inc (NASDAQ: KLTR) is a cloud-based video technology company that provides tools for creating, managing, distributing and analyzing video content. Its platform is designed for organizations that use video for communications, learning, collaboration, marketing, customer engagement and digital media operations.
The company's products include video management and hosting, live streaming, webinars and virtual events, virtual classrooms, video portals, town halls, video-based collaboration and analytics.
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