In a filing, Kaltura Inc revealed its Chief Customer Officer Israeli Natan unloaded Company’s shares for reported $2278.0 on Jun 21 ’24. In the deal valued at $1.34 per share,1,700 shares were sold. As a result of this transaction, Israeli Natan now holds 1,362,114 shares worth roughly $3.24 million.
Then, Israeli Natan sold 100 shares, generating $130 in total proceeds. Upon selling the shares at $1.30, the Chief Customer Officer now owns 1,363,814 shares.
Before that, Israeli Natan sold 12,733 shares. Kaltura Inc shares valued at $16,667 were divested by the Chief Customer Officer at a price of $1.31 per share. As a result of the transaction, Israeli Natan now holds 1,363,914 shares, worth roughly $3.25 million.
Wells Fargo downgraded its Kaltura Inc [KLTR] rating to an Underweight from a an Equal weight in a research note published on December 20, 2023; the price target was decreased to $1.50 from $2. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid April from “a Neutral” to “an Underperform”. KeyBanc Capital Markets began covering KLTR with “Sector weight” recommendation on September 13, 2022. Oppenheimer revised its rating on February 23, 2022. It rated KLTR as “a Perform” which previously was an “an Outperform”.
Price Performance Review of KLTR
On Tuesday, Kaltura Inc [NASDAQ:KLTR] saw its stock jump 5.78% to $2.38. Over the last five days, the stock has gained 6.73%. Kaltura Inc shares have risen nearly 22.05% since the year began. Nevertheless, the stocks have risen 36.78% over the past one year. While a 52-week high of $2.30 was reached on 12/03/24, a 52-week low of $0.76 was recorded on 06/06/24. SMA at 50 days reached $1.61, while 200 days put it at $1.33.
Levels Of Support And Resistance For KLTR Stock
The 24-hour chart illustrates a support level at 2.23, which if violated will result in even more drops to 2.08. On the upside, there is a resistance level at 2.47. A further resistance level may holdings at 2.55. The Relative Strength Index (RSI) on the 14-day chart is 76.96, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 4.74%. Stochastics %K at 85.01% indicates the stock is a selling.
How much short interest is there in Kaltura Inc?
A steep rise in short interest was recorded in Kaltura Inc stocks on 2024-11-15, dropping by 80600.0 shares to a total of 0.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 0.88 million shares. There was a decline of -10.04%, which implies that there is a negative sentiment for the stock.
