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Marshall Wace LLP Makes New $935,000 Investment in Kaltura, Inc. (NASDAQ:KLTR)

Kaltura logo with Computer and Technology background

Marshall Wace LLP purchased a new position in shares of Kaltura, Inc. (NASDAQ:KLTR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 425,044 shares of the company's stock, valued at approximately $935,000. Marshall Wace LLP owned about 0.28% of Kaltura at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of KLTR. Gagnon Securities LLC boosted its holdings in shares of Kaltura by 16.0% during the 4th quarter. Gagnon Securities LLC now owns 2,217,379 shares of the company's stock worth $4,878,000 after purchasing an additional 306,332 shares during the last quarter. State Street Corp lifted its position in Kaltura by 0.6% during the third quarter. State Street Corp now owns 1,268,751 shares of the company's stock worth $1,726,000 after buying an additional 7,719 shares in the last quarter. Barclays PLC boosted its stake in Kaltura by 215.5% during the third quarter. Barclays PLC now owns 152,686 shares of the company's stock worth $208,000 after buying an additional 104,288 shares during the last quarter. Gagnon Advisors LLC grew its holdings in Kaltura by 34.6% in the 4th quarter. Gagnon Advisors LLC now owns 1,386,044 shares of the company's stock valued at $3,049,000 after buying an additional 356,336 shares in the last quarter. Finally, Avalon Ventures Management LLC acquired a new stake in shares of Kaltura in the 4th quarter worth $19,718,000. Hedge funds and other institutional investors own 30.79% of the company's stock.

Insiders Place Their Bets

In other news, CFO John N. Doherty sold 17,367 shares of the company's stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $1.69, for a total value of $29,350.23. Following the transaction, the chief financial officer now directly owns 1,534,820 shares in the company, valued at approximately $2,593,845.80. This represents a 1.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 11.30% of the stock is currently owned by insiders.

Kaltura Trading Up 0.2 %

Shares of KLTR stock traded up $0.01 during trading on Tuesday, hitting $2.23. 34,339 shares of the stock traded hands, compared to its average volume of 489,106. Kaltura, Inc. has a 52-week low of $0.76 and a 52-week high of $2.82. The firm has a market capitalization of $345.15 million, a P/E ratio of -10.60 and a beta of 1.15. The firm's fifty day moving average price is $1.96 and its 200-day moving average price is $2.10. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.12 and a quick ratio of 1.12.

Kaltura (NASDAQ:KLTR - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The business had revenue of $45.61 million during 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%.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on KLTR

Kaltura Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for Kaltura (NASDAQ:KLTR)

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