Kaltura (NASDAQ:KLTR) Director Naama Halevi-Davidov Sells 131,873 Shares of Stock

Kaltura, Inc. (NASDAQ:KLTR) Director Naama Halevi-Davidov sold 131,873 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $1.21, for a total value of $159,566.33. Following the completion of the transaction, the director directly owned 236,809 shares in the company, valued at $286,538.89. This trade represents a 35.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Naama Halevi-Davidov also recently made the following trade(s):

• On Wednesday, March 18th, Naama Halevi-Davidov sold 93,624 shares of Kaltura stock. The shares were sold at an average price of $1.20, for a total value of $112,348.80.

Kaltura Trading Down 0.8%

Kaltura stock opened at $1.22 on Tuesday. Kaltura, Inc. has a 12-month low of $1.06 and a 12-month high of $2.33. The firm has a market capitalization of $181.46 million, a price-to-earnings ratio of -15.25 and a beta of 1.06. The firm has a 50 day moving average of $1.43 and a 200 day moving average of $1.53.

Kaltura (NASDAQ:KLTR) last issued its quarterly earnings results on Monday, March 16th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $45.54 million for the quarter, compared to the consensus estimate of $45.35 million. Kaltura had a negative net margin of 6.68% and a negative return on equity of 21.39%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Gagnon Securities LLC increased its position in shares of Kaltura by 32.6% during the 3rd quarter. Gagnon Securities LLC now owns 2,885,976 shares of the company’s stock valued at $4,156,000 after purchasing an additional 709,598 shares during the last quarter. Tocqueville Asset Management L.P. lifted its position in Kaltura by 69.5% in the third quarter. Tocqueville Asset Management L.P. now owns 1,402,383 shares of the company’s stock worth $2,019,000 after buying an additional 575,000 shares during the last quarter. S Squared Technology LLC lifted its position in Kaltura by 39.6% in the fourth quarter. S Squared Technology LLC now owns 1,316,323 shares of the company’s stock worth $2,159,000 after buying an additional 373,149 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Kaltura by 63.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 917,078 shares of the company’s stock worth $1,843,000 after buying an additional 355,358 shares during the period. Finally, First Eagle Investment Management LLC bought a new position in Kaltura during the fourth quarter valued at $364,000. Institutional investors own 30.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Wall Street Zen lowered Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings restated a “sell (d-)” rating on shares of Kaltura in a research report on Monday, December 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $3.00 price objective on shares of Kaltura in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $3.00.

Kaltura Company Profile

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.