Kaltura, Inc. (NASDAQ:KLTR) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Kaltura, Inc. (NASDAQ:KLTR) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 694,343 shares of the company’s stock after acquiring an additional 20,289 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Kaltura were worth $1,528,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its stake in shares of Kaltura by 40.1% in the fourth quarter. SG Americas Securities LLC now owns 45,286 shares of the company’s stock worth $100,000 after acquiring an additional 12,969 shares in the last quarter. Barclays PLC increased its holdings in 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. JPMorgan Chase & Co. raised its position 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 purchasing an additional 118,718 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Kaltura by 22.0% during the 4th quarter. Bank of New York Mellon Corp now owns 206,146 shares of the company’s stock valued at $454,000 after buying an additional 37,141 shares during the last quarter. Finally, State Street Corp grew its position 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. 30.79% of the stock is owned by hedge funds and other institutional investors.

Kaltura Stock Up 1.0 %

NASDAQ:KLTR opened at $1.94 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market capitalization of $299.03 million, a price-to-earnings ratio of -9.24 and a beta of 1.16. Kaltura, Inc. has a one year low of $0.76 and a one year high of $2.82. The stock has a 50-day simple moving average of $2.23 and a 200 day simple moving average of $1.97.

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). The firm had revenue of $45.61 million during the quarter, compared to analyst estimates of $44.36 million. Kaltura had a negative return on equity of 126.99% and a negative net margin of 17.52%.

Insider Buying and Selling at Kaltura

In other 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 value of $279,539.64. Following the completion of the transaction, the chief financial officer now directly 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 11.30% of the stock is owned by insiders.

Analysts Set New Price Targets

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

About Kaltura

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).