Insider Trading March 23, 2026

Kaltura Director Disposes of 131,873 Shares; Q4 2025 Results and Valuation Claims Highlighted

Naama Halevi-Davidov sold $159,289 in KLTR stock under a Rule 10b5-1 plan as the company posts an earnings beat and remains flagged as undervalued by InvestingPro

By Hana Yamamoto KLTR
Kaltura Director Disposes of 131,873 Shares; Q4 2025 Results and Valuation Claims Highlighted
KLTR

Naama Halevi-Davidov, a director at Kaltura Inc., disposed of 131,873 common shares on March 20, 2026, in a trade executed through a previously arranged 10b5-1 plan. The sale generated $159,289 at a weighted average price of $1.2079. The company recently reported Q4 2025 results that outpaced expectations, and third-party analysis places the stock among undervalued opportunities based on a Fair Value assessment.

Key Points

  • Director Naama Halevi-Davidov sold 131,873 Kaltura shares on March 20, 2026, under a Rule 10b5-1 plan adopted December 16, 2025; proceeds totaled $159,289 at a weighted average price of $1.2079.
  • Kaltura reported Q4 2025 EPS of $0.03 versus an expected $0.0006 (a 4,900% increase over forecast) and revenue of $45.5 million compared with an anticipated $45.32 million.
  • Despite recent share price weakness - down 11.5% over the past week and trading at $1.24 - InvestingPro's Fair Value assessment lists Kaltura among Most Undervalued stocks; analysts forecast the company will be profitable this year with targets in the $3-$4 range.

Naama Halevi-Davidov, serving on the board of Kaltura Inc., reported the sale of 131,873 shares of the company's common stock on March 20, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The transaction was carried out under a Rule 10b5-1 trading plan the director put in place on December 16, 2025.

The shares moved at a weighted average price of $1.2079, yielding proceeds of $159,289. Prices for the lots sold ranged between $1.20 and $1.23. After completing the sale, Halevi-Davidov directly holds 236,809 shares of Kaltura.

Market data referenced in the filing shows the stock was trading at $1.24 at the time of reporting, having slid 11.5% over the prior week. Despite the near-term price movement, an InvestingPro Fair Value assessment has categorized the company as undervalued and included Kaltura on its Most Undervalued stocks list.

Analyst commentary cited in the public record indicates expectations that Kaltura will reach profitability during the current year, and consensus analyst price targets sit in the $3 to $4 range. The stock's market price therefore remains well below those target levels, according to the same reporting.

Investors seeking deeper research can access Kaltura's Pro Research Report, which is available alongside coverage for more than 1,400 other U.S. equities.


Recent company financials add context to the insider transaction. Kaltura's fourth-quarter 2025 results topped forecasts: the company reported earnings per share of $0.03 versus a consensus estimate of $0.0006, representing a 4,900% increase relative to that forecast. Revenue for the quarter reached $45.5 million, ahead of the anticipated $45.32 million.

Those quarterly results have drawn investor attention and form part of the latest public disclosures for the company. The combination of an insider sale, recent volatility in the shares, and an earnings beat contributes to differing signals for market participants evaluating Kaltura.

All transaction details and financial figures above are drawn from the filed Form 4 and published quarterly results, as noted in the company's public disclosures.

Risks

  • Recent share price volatility - the stock declined 11.5% over the prior week - introduces short-term market risk for equity holders and impacts investor sentiment.
  • Analyst projections that Kaltura will be profitable this year are forward-looking estimates and therefore carry execution risk if the company fails to meet those expectations.
  • An insider sale, while executed under a pre-arranged 10b5-1 plan, may be interpreted by some market participants as a signal that could influence trading dynamics and perception among investors.

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