Arrowstreet Capital Limited Partnership Takes Position in Kaltura, Inc. (NASDAQ:KLTR)

Arrowstreet Capital Limited Partnership bought a new position in Kaltura, Inc. (NASDAQ:KLTR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 140,885 shares of the company's stock, valued at approximately $310,000. Arrowstreet Capital Limited Partnership owned 0.09% of Kaltura at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of KLTR. State Street Corp lifted its holdings in shares of Kaltura by 0.6% during the 3rd quarter. State Street Corp now owns 1,268,751 shares of the company's stock worth $1,726,000 after acquiring an additional 7,719 shares during the period. Sei Investments Co. acquired a new position in Kaltura in the fourth quarter worth about $25,000. SG Americas Securities LLC lifted its stake in Kaltura by 40.1% during the fourth quarter. SG Americas Securities LLC now owns 45,286 shares of the company's stock worth $100,000 after purchasing an additional 12,969 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Kaltura by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 694,343 shares of the company's stock valued at $1,528,000 after purchasing an additional 20,289 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of 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 purchasing an additional 37,141 shares during the period. Institutional investors and hedge funds own 30.79% of the company's stock.

Insider Buying and Selling at Kaltura

In other news, CFO John N. Doherty sold 17,367 shares of the firm's stock in a transaction on Friday, April 4th. The stock was sold at an average price of $1.69, for a total value of $29,350.23. Following the completion of the sale, the chief financial officer now directly owns 1,534,820 shares in the company, valued at approximately $2,593,845.80. This trade represents a 1.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In the last quarter, insiders sold 135,496 shares of company stock worth $317,790. 11.30% of the stock is currently owned by insiders.

Kaltura Price Performance

Shares of NASDAQ:KLTR traded down $0.04 on Friday, hitting $1.97. The stock had a trading volume of 218,454 shares, compared to its average volume of 295,542. The company has a market capitalization of $303.65 million, a price-to-earnings ratio of -9.38 and a beta of 1.17. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.12 and a current ratio of 1.12. The firm's 50 day moving average price is $2.04 and its 200-day moving average price is $2.03. Kaltura, Inc. has a twelve month low of $0.76 and a twelve month high of $2.82.

Kaltura (NASDAQ:KLTR - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.04) earnings per share 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%.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC restated a "buy" rating and set a $3.00 target price on shares of Kaltura in a research report on Friday, March 14th.

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).