Wall Street Zen upgraded shares of Kaltura (NASDAQ:KLTR - Free Report) from a buy rating to a strong-buy rating in a report released on Friday morning.
Kaltura Trading Up 1.1%
Shares of KLTR traded up $0.02 during midday trading on Friday, reaching $1.90. The stock had a trading volume of 333,112 shares, compared to its average volume of 336,108. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.06 and a quick ratio of 1.06. Kaltura has a 1-year low of $1.06 and a 1-year high of $2.82. The company's fifty day simple moving average is $2.05 and its two-hundred day simple moving average is $2.12.
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 shares were sold at an average price of $2.23, for a total value of $89,463.14. Following the completion of the transaction, the chief financial officer owned 1,494,702 shares in the company, valued at approximately $3,333,185.46. This represents a 2.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 13.50% of the company's stock.
Institutional Trading of Kaltura
Large investors have recently bought and sold shares of the business. Deutsche Bank AG increased 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 valued at $109,000 after purchasing an additional 6,318 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of Kaltura by 10.7% in the 1st quarter. Rhumbline Advisers now owns 80,304 shares of the company's stock valued at $151,000 after purchasing an additional 7,760 shares in the last quarter. ProShare Advisors LLC increased its holdings in shares of Kaltura by 51.2% in the 4th quarter. ProShare Advisors LLC now owns 27,454 shares of the company's stock valued at $60,000 after purchasing an additional 9,291 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of Kaltura by 11.9% in the 4th quarter. Citadel Advisors LLC now owns 99,813 shares of the company's stock valued at $220,000 after purchasing an additional 10,616 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Kaltura by 0.6% in the 4th 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. Institutional investors and hedge funds own 30.79% of the company's stock.
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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