John N. Doherty Sells 113,634 Shares of Kaltura, Inc. (NASDAQ:KLTR) Stock

Kaltura, Inc. (NASDAQ:KLTR) CFO John N. Doherty sold 113,634 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $2.46, for a total value of $279,539.64. Following the completion of the transaction, the chief financial officer now directly owns 1,556,682 shares in the company, valued at $3,829,437.72. The trade was a 6.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Kaltura Stock Up 0.5 %

Shares of Kaltura stock opened at $2.01 on Friday. Kaltura, Inc. has a 1 year low of $0.76 and a 1 year high of $2.82. The business has a 50-day moving average of $2.36 and a two-hundred day moving average of $1.88. The company has a market capitalization of $309.82 million, a P/E ratio of -9.57 and a beta of 1.16. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.12 and a quick ratio of 1.12.

Kaltura (NASDAQ:KLTR) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). Kaltura had a negative return on equity of 126.99% and a negative net margin of 17.52%. The business had revenue of $45.61 million during the quarter, compared to the consensus estimate of $44.36 million.

Analyst Ratings Changes

KLTR has been the topic of several analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $3.00 target price on shares of Kaltura in a research note on Friday, January 17th. Wells Fargo & Company increased their target price on Kaltura from $1.00 to $1.50 and gave the company an “underweight” rating in a research note on Thursday, November 7th.

Institutional Investors Weigh In On Kaltura

Several large investors have recently modified their holdings of the business. Gagnon Securities LLC grew its holdings in shares of Kaltura by 16.0% during the fourth quarter. Gagnon Securities LLC now owns 2,217,379 shares of the company’s stock worth $4,878,000 after buying an additional 306,332 shares in the last quarter. State Street Corp grew its holdings in shares of Kaltura by 0.6% during the third quarter. State Street Corp now owns 1,268,751 shares of the company’s stock worth $1,726,000 after buying an additional 7,719 shares in the last quarter. Barclays PLC grew its holdings in shares of Kaltura by 215.5% during the third quarter. Barclays PLC now owns 152,686 shares of the company’s stock worth $208,000 after buying an additional 104,288 shares in the last quarter. Gagnon Advisors LLC grew its holdings in shares of Kaltura by 34.6% during the fourth quarter. Gagnon Advisors LLC now owns 1,386,044 shares of the company’s stock worth $3,049,000 after buying an additional 356,336 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Kaltura by 280.9% during the third quarter. JPMorgan Chase & Co. now owns 160,984 shares of the company’s stock worth $219,000 after buying an additional 118,718 shares in the last quarter. 30.79% of the stock is currently owned by institutional investors.

Kaltura Company Profile

Kaltura, Inc provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally. The company operates through two segments, Enterprise, Education, and Technology (EE&T); and Media and Telecom (M&T).