Kaltura, Inc. (NASDAQ:KLTR) CFO John N. Doherty Sells 17,367 Shares

Kaltura, Inc. (NASDAQ:KLTR) CFO John N. Doherty sold 17,367 shares of the firm’s stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $1.69, for a total transaction of $29,350.23. Following the transaction, the chief financial officer now directly owns 1,534,820 shares in the company, valued at $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 Securities & Exchange Commission, which can be accessed through this hyperlink.

Kaltura Stock Up 8.3 %

KLTR opened at $1.95 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.26. The stock has a market cap of $300.57 million, a price-to-earnings ratio of -9.29 and a beta of 1.17. Kaltura, Inc. has a twelve month low of $0.76 and a twelve month high of $2.82. The company’s 50-day moving average price is $2.14 and its two-hundred day moving average price is $2.00.

Kaltura (NASDAQ:KLTR) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). The business had revenue of $45.61 million for the quarter, compared to analysts’ expectations of $44.36 million. Kaltura had a negative net margin of 17.52% and a negative return on equity of 126.99%.

Analyst Upgrades and Downgrades

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.

Institutional Trading of Kaltura

Hedge funds and other institutional investors have recently bought and sold shares of the company. Avalon Ventures Management LLC bought a new position in shares of Kaltura in the 4th quarter worth $19,718,000. Russell Investments Group Ltd. grew its holdings in shares of Kaltura by 12.7% during the 4th quarter. Russell Investments Group Ltd. now owns 2,386,927 shares of the company’s stock valued at $5,251,000 after purchasing an additional 268,917 shares during the last quarter. Gagnon Securities LLC boosted its position in Kaltura by 16.0% during the 4th quarter. Gagnon Securities LLC now owns 2,217,379 shares of the company’s stock valued at $4,878,000 after buying an additional 306,332 shares during the period. Geode Capital Management LLC boosted its position in Kaltura by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,001,455 shares of the company’s stock valued at $4,404,000 after buying an additional 11,203 shares during the period. Finally, Gagnon Advisors LLC boosted its position in Kaltura by 34.6% during 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 during the period. Institutional investors own 30.79% of the company’s stock.

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).