Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) CFO John N. Doherty sold 14,828 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $1.97, for a total value of $29,211.16. Following the completion of the transaction, the chief financial officer directly owned 1,479,874 shares of the company's stock, valued at $2,915,351.78. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Kaltura Stock Performance
KLTR stock traded up $0.07 on Thursday, reaching $2.00. The company's stock had a trading volume of 254,586 shares, compared to its average volume of 331,439. The firm has a fifty day moving average of $2.11 and a two-hundred day moving average of $2.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $306.47 million, a P/E ratio of -14.25 and a beta of 1.09. Kaltura, Inc. has a 52 week low of $1.06 and a 52 week high of $2.82.
Hedge Funds Weigh In On Kaltura
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Avalon Ventures Management LLC bought a new position in Kaltura during the 4th quarter valued at $19,718,000. Russell Investments Group Ltd. lifted its holdings in shares of Kaltura by 12.7% in the fourth quarter. Russell Investments Group Ltd. now owns 2,386,927 shares of the company's stock valued at $5,251,000 after purchasing an additional 268,917 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Kaltura by 0.6% in the fourth 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 in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Kaltura by 170.6% in the first quarter. Acadian Asset Management LLC now owns 1,483,536 shares of the company's stock valued at $2,780,000 after purchasing an additional 935,255 shares in the last quarter. Finally, S Squared Technology LLC purchased a new stake in shares of Kaltura during the first quarter worth $1,679,000. 30.79% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently issued reports on KLTR shares. Needham & Company LLC reissued a "buy" rating and issued a $3.00 price objective on shares of Kaltura in a report on Friday, March 14th. Wall Street Zen lowered Kaltura from a "strong-buy" rating to a "buy" rating in a report on Friday, June 6th.
Check Out Our Latest Report on Kaltura
About Kaltura
(
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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).
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