Kaltura, Inc. (NASDAQ:KLTR) Holdings Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in Kaltura, Inc. (NASDAQ:KLTR - Free Report) by 122.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 357,328 shares of the company's stock after buying an additional 196,344 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.24% of Kaltura worth $786,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Sei Investments Co. acquired a new position in Kaltura during the 4th quarter worth $25,000. Intech Investment Management LLC acquired a new stake in Kaltura in the fourth quarter worth about $98,000. SG Americas Securities LLC grew its position in Kaltura by 40.1% in the 4th quarter. SG Americas Securities LLC now owns 45,286 shares of the company's stock valued at $100,000 after buying an additional 12,969 shares in the last quarter. Barclays PLC increased its stake in Kaltura by 215.5% during the 3rd quarter. Barclays PLC now owns 152,686 shares of the company's stock valued at $208,000 after buying an additional 104,288 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Kaltura by 22.0% during the 4th quarter. Bank of New York Mellon Corp now owns 206,146 shares of the company's stock worth $454,000 after buying an additional 37,141 shares in the last quarter. Institutional investors and hedge funds own 30.79% of the company's stock.

Kaltura Price Performance

Kaltura stock traded up $0.04 during midday trading on Friday, hitting $2.23. The company's stock had a trading volume of 253,072 shares, compared to its average volume of 304,809. Kaltura, Inc. has a 12 month low of $0.76 and a 12 month high of $2.82. The company has a market capitalization of $343.73 million, a PE ratio of -10.62 and a beta of 1.17. The stock's 50-day moving average price is $1.96 and its 200-day moving average price is $2.09. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.26.

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

Insiders Place Their Bets

In related news, CFO John N. Doherty sold 17,367 shares of the company's stock in a transaction on Friday, April 4th. The stock was sold at an average price of $1.69, for a total transaction of $29,350.23. Following the transaction, the chief financial officer now directly owns 1,534,820 shares of the company's stock, valued at approximately $2,593,845.80. The trade was a 1.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 135,496 shares of company stock worth $317,790 over the last ninety days. 11.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a "buy" rating and set a $3.00 target price on shares of Kaltura in a report on Friday, March 14th.

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).