Boston Partners Has $409,000 Holdings in Kaltura, Inc. $KLTR

Key Points

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Boston Partners lowered its holdings in shares of Kaltura, Inc. (NASDAQ:KLTR - Free Report) by 59.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 217,774 shares of the company's stock after selling 315,187 shares during the period. Boston Partners owned about 0.14% of Kaltura worth $409,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Deutsche Bank AG lifted its holdings in shares of Kaltura by 12.3% during the first quarter. Deutsche Bank AG now owns 57,815 shares of the company's stock valued at $109,000 after acquiring an additional 6,318 shares during the period. Rhumbline Advisers lifted its holdings in shares of Kaltura by 10.7% during the first quarter. Rhumbline Advisers now owns 80,304 shares of the company's stock valued at $151,000 after acquiring an additional 7,760 shares during the period. ProShare Advisors LLC lifted its holdings in shares of Kaltura by 51.2% during the fourth quarter. ProShare Advisors LLC now owns 27,454 shares of the company's stock valued at $60,000 after acquiring an additional 9,291 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Kaltura by 11.9% during the fourth quarter. Citadel Advisors LLC now owns 99,813 shares of the company's stock valued at $220,000 after acquiring an additional 10,616 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Kaltura by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 2,001,455 shares of the company's stock valued at $4,404,000 after acquiring an additional 11,203 shares during the period. 30.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Kaltura from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $2.25.

Insider Activity

In other news, CFO John N. Doherty sold 40,118 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $2.23, for a total transaction of $89,463.14. Following the transaction, the chief financial officer owned 1,494,702 shares of the company's stock, valued at $3,333,185.46. This represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 13.50% of the stock is owned by company insiders.

Kaltura Trading Up 8.0%

NASDAQ:KLTR traded up $0.11 during trading hours on Friday, hitting $1.49. 253,553 shares of the stock were exchanged, compared to its average volume of 258,389. The company's 50 day moving average is $1.81 and its two-hundred day moving average is $2.01. Kaltura, Inc. has a twelve month low of $1.06 and a twelve month high of $2.82. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $230.19 million, a P/E ratio of -12.42 and a beta of 1.08.

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).