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Kaltura’s CFO John Doherty sells $8,914 in company stock

Published 06/03/2025, 20:54
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KLTR
1.75%

John Doherty, the Chief Financial Officer of Kaltura Inc. (NASDAQ:KLTR), a company currently valued at $304 million, recently sold 4,495 shares of the company’s common stock. The transaction, which took place on March 5, was valued at approximately $8,914, with shares sold at a weighted average price of $1.9832 each. The stock, which InvestingPro analysis shows is trading near its Fair Value, has surged over 83% in the past six months.

Following this transaction, Doherty retains ownership of 1,552,187 shares in the company. The sale was conducted to cover taxes and fees associated with the settlement of certain restricted stock unit awards, as per the terms of those awards. InvestingPro subscribers can access 7 additional key insights about KLTR, along with a comprehensive Pro Research Report that provides deep-dive analysis of the company’s financial health and growth prospects.

In other recent news, Kaltura, Inc. reported its fourth-quarter 2024 earnings, surpassing expectations with an adjusted EBITDA of $2.7 million, outperforming the consensus estimate of $1.1 million. The company’s revenue reached $45.6 million, exceeding the predicted $44.4 million, marking a 3% year-over-year increase. Subscription revenue saw a notable 6% rise, contributing to the overall revenue growth. JMP Securities responded to these results by raising the price target for Kaltura shares from $3 to $4, maintaining a Market Outperform rating. The company’s gross margin improved significantly to 71%, up from 64% a year ago. Kaltura also launched new AI-driven products and features, enhancing its innovation portfolio. Despite these positive outcomes, Kaltura experienced a slight decline in billings, down 4% year-over-year to $45.5 million. Looking ahead, Kaltura provided a positive revenue guidance for 2025, projecting subscription revenue between $170.4 million and $173.4 million, reflecting a 2-3% increase.

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