S Squared Technology LLC Invests $2.53 Million in Kaltura, Inc. $KLTR

S Squared Technology LLC purchased a new stake in shares of Kaltura, Inc. (NASDAQ:KLTR - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,942,804 shares of the company's stock, valued at approximately $2,525,645. Kaltura comprises approximately 0.0% of S Squared Technology LLC's investment portfolio, making the stock its 26th largest holding. S Squared Technology LLC owned 1.27% of Kaltura at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in Kaltura during the 2nd quarter worth $7,792,000. Vanguard Group Inc. increased its holdings in Kaltura by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,010,605 shares of the company's stock valued at $7,215,000 after acquiring an additional 79,633 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Kaltura by 6.4% in the 4th quarter. Geode Capital Management LLC now owns 2,043,747 shares of the company's stock worth $3,352,000 after purchasing an additional 122,548 shares during the period. Russell Investments Group Ltd. grew its stake in Kaltura by 5.2% in the fourth quarter. Russell Investments Group Ltd. now owns 1,704,197 shares of the company's stock worth $2,796,000 after purchasing an additional 83,792 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Kaltura by 9.2% during the fourth quarter. State Street Corp now owns 1,598,453 shares of the company's stock valued at $2,621,000 after purchasing an additional 135,092 shares during the period. 30.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Kaltura news, insider Natan Israeli sold 259,322 shares of Kaltura stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $1.87, for a total transaction of $484,932.14. Following the completion of the transaction, the insider owned 1,809,537 shares in the company, valued at approximately $3,383,834.19. The trade was a 12.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eyal Manor sold 21,638 shares of Kaltura stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $1.53, for a total transaction of $33,106.14. Following the transaction, the director directly owned 270,760 shares in the company, valued at $414,262.80. This trade represents a 7.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 721,555 shares of company stock worth $1,265,249. 16.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on KLTR shares. Weiss Ratings restated a "sell (e+)" rating on shares of Kaltura in a research note on Tuesday, June 16th. Needham & Company LLC restated a "buy" rating and set a $3.00 price target on shares of Kaltura in a report on Wednesday, May 13th. One 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.com, Kaltura presently has a consensus rating of "Hold" and an average price target of $3.00.

Kaltura Price Performance

Shares of NASDAQ:KLTR traded down $0.01 during midday trading on Friday, hitting $1.58. The company had a trading volume of 110,032 shares, compared to its average volume of 578,446. The business's 50-day simple moving average is $1.44 and its 200-day simple moving average is $1.39. Kaltura, Inc. has a twelve month low of $1.05 and a twelve month high of $2.05. The stock has a market cap of $241.79 million, a price-to-earnings ratio of -17.61 and a beta of 1.15.

Kaltura (NASDAQ:KLTR - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. Kaltura had a negative net margin of 6.92% and a negative return on equity of 51.05%. The business had revenue of $46.89 million during the quarter, compared to the consensus estimate of $45.60 million.

About Kaltura

Kaltura, Inc NASDAQ: KLTR is a leading provider of video technology solutions designed to empower organizations to create, manage, distribute and monetize video content at scale. The company's cloud-native platform supports an array of use cases including enterprise communications, online learning, virtual events, media delivery and over-the-top (OTT) television services. By combining open-source roots with software-as-a-service (SaaS) flexibility, Kaltura offers organizations the ability to tailor their video workflows and integrate seamlessly with existing collaboration, learning management and content management systems.

Key offerings from Kaltura include a comprehensive video management system, live streaming and video conferencing capabilities, lecture capture for educational institutions, virtual events and webinars, and turnkey OTT solutions.