Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) CFO John N. Doherty sold 14,828 shares of Kaltura stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $1.97, for a total value of $29,211.16. Following the sale, the chief financial officer directly owned 1,479,874 shares in the company, valued at $2,915,351.78. This trade represents a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Kaltura Trading Up 3.4%
Shares of Kaltura stock traded up $0.07 on Friday, reaching $2.00. The company had a trading volume of 254,586 shares, compared to its average volume of 332,453. The firm has a market cap of $306.47 million, a price-to-earnings ratio of -14.25 and a beta of 1.09. 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 firm's 50-day moving average price is $2.11 and its two-hundred day moving average price is $2.15. Kaltura, Inc. has a 1 year low of $1.06 and a 1 year high of $2.82.
Hedge Funds Weigh In On Kaltura
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Deutsche Bank AG boosted its holdings in shares of Kaltura by 12.3% in the 1st quarter. Deutsche Bank AG now owns 57,815 shares of the company's stock worth $109,000 after purchasing an additional 6,318 shares during the period. Rhumbline Advisers boosted its holdings in Kaltura by 10.7% during the 1st 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 boosted its holdings in Kaltura by 51.2% during the 4th 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 boosted its holdings in Kaltura by 11.9% during the 4th 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 boosted its holdings in 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 acquiring an additional 11,203 shares during the period. Hedge funds and other institutional investors own 30.79% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on KLTR shares. Needham & Company LLC restated a "buy" rating and set a $3.00 price target on shares of Kaltura in a report on Friday, March 14th. Wall Street Zen cut Kaltura from a "strong-buy" rating to a "buy" rating in a report on Friday, June 6th.
Check Out Our Latest Report on KLTR
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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