Walleye Capital LLC Acquires New Shares in Kaltura, Inc. (NASDAQ:KLTR)

Walleye Capital LLC bought a new stake in Kaltura, Inc. (NASDAQ:KLTR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 195,099 shares of the company's stock, valued at approximately $429,000. Walleye Capital LLC owned about 0.13% of Kaltura as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. acquired a new position in Kaltura in the fourth quarter valued at $25,000. Intech Investment Management LLC acquired a new position in shares of Kaltura in the fourth quarter worth $98,000. SG Americas Securities LLC grew its holdings in shares of Kaltura by 40.1% during the fourth quarter. SG Americas Securities LLC now owns 45,286 shares of the company's stock worth $100,000 after buying an additional 12,969 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Kaltura by 53.9% during the fourth quarter. Wells Fargo & Company MN now owns 45,550 shares of the company's stock worth $100,000 after purchasing an additional 15,944 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Kaltura in the 4th quarter valued at about $310,000. Hedge funds and other institutional investors own 30.79% of the company's stock.

Kaltura Stock Up 2.1 %

Shares of NASDAQ:KLTR traded up $0.04 during midday trading on Tuesday, reaching $2.11. The company had a trading volume of 38,376 shares, compared to its average volume of 299,414. Kaltura, Inc. has a one year low of $0.76 and a one year high of $2.82. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $325.85 million, a P/E ratio of -10.07 and a beta of 1.17. The stock's fifty day moving average price is $1.97 and its 200-day moving average price is $2.07.

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

Analysts Set New Price Targets

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

Insider Activity at Kaltura

In other Kaltura news, CFO John N. Doherty sold 17,367 shares of Kaltura 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 owns 1,534,820 shares in the company, 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 SEC, which can be accessed through this hyperlink. Insiders have sold 135,496 shares of company stock worth $317,790 over the last quarter. 11.30% of the stock is currently owned by company insiders.

About Kaltura

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).