Kaltura, Inc. (NASDAQ:KLTR) Short Interest Update

Kaltura, Inc. (NASDAQ:KLTR) was the recipient of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 868,200 shares, a decrease of 12.0% from the July 31st total of 986,200 shares. Based on an average daily trading volume, of 182,100 shares, the short-interest ratio is currently 4.8 days. Approximately 1.2% of the shares of the stock are short sold.

Institutional Trading of Kaltura

Institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its position in shares of Kaltura by 71.0% during the first quarter. Russell Investments Group Ltd. now owns 1,691,777 shares of the company’s stock valued at $2,284,000 after buying an additional 702,240 shares during the last quarter. Psagot Value Holdings Ltd. Israel lifted its position in Kaltura by 132.4% during the fourth quarter. Psagot Value Holdings Ltd. Israel now owns 15,800 shares of the company’s stock valued at $31,000 after purchasing an additional 9,000 shares during the period. Jacobs Levy Equity Management Inc. lifted its position in Kaltura by 18.3% during the first quarter. Jacobs Levy Equity Management Inc. now owns 286,502 shares of the company’s stock valued at $387,000 after purchasing an additional 44,289 shares during the period. Vanguard Group Inc. boosted its holdings in Kaltura by 1.0% in the first quarter. Vanguard Group Inc. now owns 4,216,898 shares of the company’s stock worth $5,693,000 after purchasing an additional 41,584 shares during the last quarter. Finally, Boston Partners grew its position in Kaltura by 104.8% in the 1st quarter. Boston Partners now owns 443,905 shares of the company’s stock worth $599,000 after purchasing an additional 227,127 shares during the period. 30.79% of the stock is currently owned by institutional investors.

Kaltura Trading Up 1.5 %

Shares of NASDAQ:KLTR traded up $0.02 on Monday, hitting $1.36. The company had a trading volume of 190,300 shares, compared to its average volume of 139,622. Kaltura has a 1 year low of $0.76 and a 1 year high of $2.05. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.33. The firm’s 50-day simple moving average is $1.22 and its two-hundred day simple moving average is $1.25. The firm has a market capitalization of $199.80 million, a price-to-earnings ratio of -4.12 and a beta of 0.74.

Kaltura (NASDAQ:KLTR) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.01. The business had revenue of $44.03 million during the quarter, compared to the consensus estimate of $43.27 million. Kaltura had a negative return on equity of 155.01% and a negative net margin of 24.82%. Equities analysts anticipate that Kaltura will post -0.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Needham & Company LLC reissued a “buy” rating and set a $3.00 price objective on shares of Kaltura in a research note on Friday, August 9th. Wells Fargo & Company cut their price target on shares of Kaltura from $1.50 to $1.00 and set an “underweight” rating for the company in a research note on Friday, June 21st.

Kaltura Company 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).