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

Kaltura, Inc. (NASDAQ:KLTR) CFO John N. Doherty sold 113,634 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was 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 $3,829,437.72. The trade was a 6.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Kaltura Stock Up 2.8 %

Kaltura stock traded up $0.06 during trading hours on Wednesday, hitting $2.00. 149,403 shares of the stock traded hands, compared to its average volume of 650,806. The firm’s 50-day moving average price is $2.37 and its two-hundred day moving average price is $1.88. Kaltura, Inc. has a one year low of $0.76 and a one year high of $2.82. The company has a market cap of $307.51 million, a PE ratio of -9.50 and a beta of 1.14. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.26.

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

Analyst Ratings Changes

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

Institutional Investors Weigh In On Kaltura

A number of hedge funds have recently added to or reduced their stakes in KLTR. State Street Corp boosted its holdings in Kaltura by 0.6% in the 3rd 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 during the period. ProShare Advisors LLC boosted its holdings in Kaltura by 51.2% in the 4th quarter. ProShare Advisors LLC now owns 27,454 shares of the company’s stock worth $60,000 after buying an additional 9,291 shares during the period. Citadel Advisors LLC boosted its holdings in Kaltura by 11.9% in the 4th quarter. Citadel Advisors LLC now owns 99,813 shares of the company’s stock worth $220,000 after buying an additional 10,616 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Kaltura by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,001,455 shares of the company’s stock valued at $4,404,000 after purchasing an additional 11,203 shares during the last quarter. Finally, Sei Investments Co. purchased a new stake in shares of Kaltura during the 4th quarter valued at about $25,000. 30.79% of the stock is currently owned by hedge funds and other 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).