R Squared Ltd purchased a new position in shares of Kaltura, Inc. (NASDAQ:KLTR – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 31,449 shares of the company’s stock, valued at approximately $63,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of KLTR. S Squared Technology LLC acquired a new position in Kaltura in the first quarter valued at $1,679,000. Acadian Asset Management LLC increased its stake in Kaltura by 170.6% in the first quarter. Acadian Asset Management LLC now owns 1,483,536 shares of the company’s stock valued at $2,780,000 after purchasing an additional 935,255 shares during the period. Walleye Capital LLC increased its stake in Kaltura by 154.9% in the first quarter. Walleye Capital LLC now owns 497,342 shares of the company’s stock valued at $935,000 after purchasing an additional 302,243 shares during the period. Tocqueville Asset Management L.P. acquired a new position in Kaltura in the first quarter valued at $1,184,000. Finally, XTX Topco Ltd acquired a new position in Kaltura in the first quarter valued at $267,000. 30.79% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
KLTR has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Kaltura from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 2nd. Weiss Ratings restated a “sell (e+)” rating on shares of Kaltura in a research note on Saturday. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $2.25.
Insider Buying and Selling
In related news, CFO John N. Doherty sold 18,580 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $1.52, for a total transaction of $28,241.60. Following the sale, the chief financial officer owned 1,423,180 shares of the company’s stock, valued at approximately $2,163,233.60. The trade was a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 13.50% of the company’s stock.
Kaltura Stock Up 0.6%
Shares of NASDAQ:KLTR opened at $1.61 on Monday. The company has a market cap of $248.73 million, a price-to-earnings ratio of -13.42 and a beta of 1.04. The firm’s 50-day simple moving average is $1.55 and its 200-day simple moving average is $1.84. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.57. Kaltura, Inc. has a fifty-two week low of $1.27 and a fifty-two week high of $2.82.
Kaltura (NASDAQ:KLTR – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.01) EPS for the quarter. The company had revenue of $44.46 million for the quarter, compared to analysts’ expectations of $43.68 million. Kaltura had a negative return on equity of 57.20% and a negative net margin of 10.52%. Kaltura has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.
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).
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