Kaltura, Inc. (NASDAQ:KLTR) Shares Sold by Horrell Capital Management Inc.

Horrell Capital Management Inc. decreased its position in shares of Kaltura, Inc. (NASDAQ:KLTR) by 35.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 435,181 shares of the company’s stock after selling 237,930 shares during the period. Horrell Capital Management Inc. owned 0.29% of Kaltura worth $957,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of KLTR. State Street Corp boosted its holdings 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 purchasing an additional 7,719 shares during the last quarter. Sei Investments Co. purchased a new position in Kaltura during the fourth quarter worth about $25,000. SG Americas Securities LLC boosted its stake in Kaltura by 40.1% in the 4th 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 during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Kaltura by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 694,343 shares of the company’s stock valued at $1,528,000 after buying an additional 20,289 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Kaltura by 22.0% in the 4th quarter. Bank of New York Mellon Corp now owns 206,146 shares of the company’s stock valued at $454,000 after buying an additional 37,141 shares during the period. Institutional investors and hedge funds own 30.79% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Kaltura

In related news, CFO John N. Doherty sold 113,634 shares of Kaltura stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $2.46, for a total transaction of $279,539.64. Following the transaction, the chief financial officer now owns 1,556,682 shares in the company, valued at approximately $3,829,437.72. The trade was a 6.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 11.30% of the stock is currently owned by corporate insiders.

Kaltura Stock Up 2.2 %

Shares of NASDAQ KLTR opened at $1.87 on Monday. 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 capitalization of $288.24 million, a PE ratio of -8.90 and a beta of 1.16. The firm has a fifty day moving average of $2.26 and a 200-day moving average of $1.94. Kaltura, Inc. has a 52-week low of $0.76 and a 52-week high of $2.82.

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

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).