Kaltura, Inc. (NASDAQ:KLTR) CFO Sells $279,539.64 in Stock

Kaltura, Inc. (NASDAQ:KLTR) 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 value of $279,539.64. Following the transaction, the chief financial officer now directly owns 1,556,682 shares in the company, valued at approximately $3,829,437.72. This represents a 6.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kaltura Price Performance

Shares of KLTR opened at $1.96 on Friday. Kaltura, Inc. has a twelve month low of $0.76 and a twelve month high of $2.82. The stock’s 50 day moving average is $2.36 and its two-hundred day moving average is $1.88. The firm has a market capitalization of $302.11 million, a PE ratio of -9.33 and a beta of 1.16. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.26.

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

Institutional Investors Weigh In On Kaltura

Institutional investors have recently added to or reduced their stakes in the business. Sei Investments Co. purchased a new stake in Kaltura in the 4th quarter valued at approximately $25,000. Ameriprise Financial Inc. acquired a new stake in shares of Kaltura during the 4th quarter valued at approximately $28,000. ProShare Advisors LLC lifted its position in shares of Kaltura by 51.2% during the 4th quarter. ProShare Advisors LLC now owns 27,454 shares of the company’s stock valued at $60,000 after acquiring an additional 9,291 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of Kaltura during the 4th quarter valued at approximately $67,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Kaltura during the 4th quarter valued at approximately $80,000. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a “buy” rating and set a $3.00 price target on shares of Kaltura in a report on Friday, January 17th.

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).