Kaltura, Inc. (NASDAQ:KLTR) Shares Acquired by Gagnon Advisors LLC

Gagnon Advisors LLC boosted its stake in Kaltura, Inc. (NASDAQ:KLTR) by 34.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,386,044 shares of the company’s stock after buying an additional 356,336 shares during the period. Kaltura accounts for approximately 2.0% of Gagnon Advisors LLC’s investment portfolio, making the stock its 21st largest holding. Gagnon Advisors LLC owned 0.93% of Kaltura worth $3,049,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in KLTR. Renaissance Technologies LLC increased its position in Kaltura by 5.7% in the 2nd quarter. Renaissance Technologies LLC now owns 382,600 shares of the company’s stock valued at $459,000 after acquiring an additional 20,500 shares during the period. SG Americas Securities LLC bought a new position in shares of Kaltura in the third quarter worth $44,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Kaltura by 15.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 674,054 shares of the company’s stock valued at $917,000 after purchasing an additional 91,138 shares during the period. State Street Corp raised its stake 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 valued at $1,726,000 after purchasing an additional 7,719 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Kaltura by 215.5% in the third 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 period. 30.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Wells Fargo & Company raised their price objective on shares of Kaltura from $1.00 to $1.50 and gave the company an “underweight” rating in a research note on Thursday, November 7th. Needham & Company LLC reiterated a “buy” rating and set a $3.00 price target on shares of Kaltura in a research report on Friday, January 17th.

Kaltura Stock Performance

NASDAQ KLTR opened at $2.52 on Friday. Kaltura, Inc. has a 1 year low of $0.76 and a 1 year high of $2.82. The business’s fifty day moving average is $2.27 and its two-hundred day moving average is $1.69. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.26.

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).