Boston Partners Sells 428,821 Shares of Kaltura, Inc. (NASDAQ:KLTR)

Boston Partners cut its holdings in Kaltura, Inc. (NASDAQ:KLTR - Free Report) by 44.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 532,961 shares of the company's stock after selling 428,821 shares during the quarter. Boston Partners owned approximately 0.36% of Kaltura worth $1,173,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of KLTR. Intech Investment Management LLC purchased a new position in Kaltura during the fourth quarter valued at $98,000. Globeflex Capital L P bought a new position in Kaltura in the 4th quarter worth about $627,000. Charles Schwab Investment Management Inc. increased its stake in Kaltura by 3.0% during the 4th 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. Bank of New York Mellon Corp lifted its stake in shares of Kaltura by 22.0% in the fourth quarter. Bank of New York Mellon Corp now owns 206,146 shares of the company's stock worth $454,000 after buying an additional 37,141 shares in the last quarter. Finally, Gagnon Advisors LLC grew its holdings in shares of Kaltura by 34.6% during the fourth 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 last quarter. 30.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reiterated a "buy" rating and issued a $3.00 price objective on shares of Kaltura in a report on Friday, March 14th.

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Kaltura Stock Performance

Shares of NASDAQ KLTR traded down $0.09 during midday trading on Wednesday, hitting $2.00. 527,939 shares of the stock traded hands, compared to its average volume of 280,658. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.12 and a current ratio of 1.12. Kaltura, Inc. has a one year low of $0.76 and a one year high of $2.82. The firm has a market capitalization of $308.28 million, a P/E ratio of -9.52 and a beta of 1.16. The firm has a 50-day moving average of $2.25 and a two-hundred day moving average of $1.96.

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

Insider Buying and Selling at Kaltura

In other news, CFO John N. Doherty sold 113,634 shares of the business's 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 completion of the sale, the chief financial officer now owns 1,556,682 shares of the company's stock, valued at $3,829,437.72. The trade was a 6.80 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.30% of the stock is owned by corporate insiders.

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).