Globeflex Capital L P Acquires Shares of 284,944 Kaltura, Inc. (NASDAQ:KLTR)

Globeflex Capital L P acquired a new stake in Kaltura, Inc. (NASDAQ:KLTR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 284,944 shares of the company’s stock, valued at approximately $627,000. Globeflex Capital L P owned about 0.19% of Kaltura as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Gagnon Securities LLC raised its position in Kaltura by 16.0% in the 4th quarter. Gagnon Securities LLC now owns 2,217,379 shares of the company’s stock valued at $4,878,000 after purchasing an additional 306,332 shares during the last quarter. State Street Corp boosted its position in shares of 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 during the period. Barclays PLC boosted its position in Kaltura by 215.5% during the third quarter. Barclays PLC now owns 152,686 shares of the company’s stock valued at $208,000 after purchasing an additional 104,288 shares during the last quarter. Gagnon Advisors LLC raised its stake in Kaltura by 34.6% in the fourth 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 during the period. Finally, JPMorgan Chase & Co. raised its stake in Kaltura by 280.9% in the third quarter. JPMorgan Chase & Co. now owns 160,984 shares of the company’s stock valued at $219,000 after buying an additional 118,718 shares during the period. Institutional investors own 30.79% of the company’s stock.

Kaltura Stock Down 1.1 %

Shares of NASDAQ:KLTR opened at $1.85 on Friday. The company has a market capitalization of $285.16 million, a price-to-earnings ratio of -8.81 and a beta of 1.16. 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 business’s 50-day moving average is $2.30 and its 200-day moving average is $1.91. Kaltura, Inc. has a 1 year low of $0.76 and a 1 year high of $2.82.

Kaltura (NASDAQ:KLTR) last issued 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 the consensus estimate of $44.36 million. Kaltura had a negative return on equity of 126.99% and a negative net margin of 17.52%.

Insiders Place Their Bets

In other news, CFO John N. Doherty sold 113,634 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $2.46, for a total transaction of $279,539.64. Following the transaction, the chief financial officer now directly owns 1,556,682 shares of the company’s stock, valued at approximately $3,829,437.72. This trade represents a 6.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 11.30% of the company’s stock.

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.

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).