44,680 Shares in Kaltura, Inc. (NASDAQ:KLTR) Bought by Intech Investment Management LLC

Intech Investment Management LLC purchased a new stake in Kaltura, Inc. (NASDAQ:KLTR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 44,680 shares of the company’s stock, valued at approximately $98,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in shares of Kaltura by 15.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 674,054 shares of the company’s stock valued at $917,000 after acquiring an additional 91,138 shares during the last quarter. State Street Corp increased its position in shares of Kaltura by 0.6% during the 3rd quarter. State Street Corp now owns 1,268,751 shares of the company’s stock worth $1,726,000 after purchasing an additional 7,719 shares during the last quarter. Barclays PLC increased its position in shares of Kaltura by 215.5% during the 3rd quarter. Barclays PLC now owns 152,686 shares of the company’s stock worth $208,000 after purchasing an additional 104,288 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Kaltura by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,990,252 shares of the company’s stock worth $2,707,000 after purchasing an additional 124,415 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Kaltura by 280.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 160,984 shares of the company’s stock valued at $219,000 after buying an additional 118,718 shares during the last quarter. 30.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Needham & Company LLC restated a “buy” rating and set a $3.00 target price on shares of Kaltura in a report on Friday, March 14th.

Kaltura Trading Down 4.0 %

Kaltura stock opened at $1.92 on Friday. The stock has a 50-day simple moving average of $2.24 and a 200 day simple moving average of $1.96. The stock has a market capitalization of $295.94 million, a P/E ratio of -9.14 and a beta of 1.16. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.12 and a current ratio of 1.12. Kaltura, Inc. has a 52 week low of $0.76 and a 52 week high of $2.82.

Kaltura (NASDAQ:KLTR) last issued its earnings results on Thursday, February 20th. The company reported ($0.04) 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 for the quarter, compared to the consensus estimate of $44.36 million.

Insider Buying and Selling at Kaltura

In related news, CFO John N. Doherty sold 113,634 shares of Kaltura stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $2.46, for a total transaction of $279,539.64. Following the completion of the sale, the chief financial officer now owns 1,556,682 shares of the company’s stock, valued at approximately $3,829,437.72. The trade was a 6.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 11.30% of the company’s stock.

Kaltura 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).