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

Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) CFO John N. Doherty sold 17,367 shares of Kaltura stock in a transaction on Friday, April 4th. The stock was 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 of the company's stock, 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 document filed with the Securities & Exchange Commission, which is available through this link.

Kaltura Trading Up 1.6 %

Shares of NASDAQ:KLTR traded up $0.03 on Friday, hitting $1.96. 233,721 shares of the company's stock were exchanged, compared to its average volume of 291,339. The stock has a market capitalization of $302.11 million, a price-to-earnings ratio of -9.33 and a beta of 1.17. Kaltura, Inc. has a 12 month low of $0.76 and a 12 month high of $2.82. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.12 and a quick ratio of 1.12. The business's 50 day simple moving average is $2.12 and its two-hundred day simple moving average is $2.01.

Kaltura (NASDAQ:KLTR - Get Free Report) 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). The company had revenue of $45.61 million for the quarter, compared to the consensus estimate of $44.36 million. Kaltura had a negative net margin of 17.52% and a negative return on equity of 126.99%.

Analyst Ratings Changes

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.

Institutional Trading of Kaltura

A number of large investors have recently modified their holdings of KLTR. Avalon Ventures Management LLC bought a new stake in Kaltura during the 4th quarter valued at $19,718,000. Millennium Management LLC increased its stake in shares of Kaltura by 249.7% during the fourth quarter. Millennium Management LLC now owns 715,755 shares of the company's stock valued at $1,575,000 after buying an additional 511,072 shares during the period. Marshall Wace LLP bought a new stake in shares of Kaltura in the fourth quarter valued at about $935,000. Gagnon Advisors LLC lifted its stake in Kaltura by 34.6% in the fourth quarter. Gagnon Advisors LLC now owns 1,386,044 shares of the company's stock worth $3,049,000 after acquiring an additional 356,336 shares during the period. Finally, Gagnon Securities LLC grew its holdings in Kaltura by 16.0% during the 4th quarter. Gagnon Securities LLC now owns 2,217,379 shares of the company's stock worth $4,878,000 after acquiring an additional 306,332 shares in the last quarter. Hedge funds and other 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).