JPMorgan Chase & Co. boosted its holdings in shares of Kaltura, Inc. (NASDAQ:KLTR - Free Report) by 280.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160,984 shares of the company's stock after acquiring an additional 118,718 shares during the period. JPMorgan Chase & Co. owned approximately 0.11% of Kaltura worth $219,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new position in shares of Kaltura during the 3rd quarter valued at about $44,000. Barclays PLC boosted its holdings in shares of Kaltura by 215.5% in the third quarter. Barclays PLC now owns 152,686 shares of the company's stock valued at $208,000 after buying an additional 104,288 shares during the period. Renaissance Technologies LLC increased its position in shares of Kaltura by 5.7% during the second quarter. Renaissance Technologies LLC now owns 382,600 shares of the company's stock worth $459,000 after acquiring an additional 20,500 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Kaltura by 15.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 674,054 shares of the company's stock worth $917,000 after acquiring an additional 91,138 shares in the last quarter. Finally, State Street Corp raised 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 acquiring an additional 7,719 shares during the period. 30.79% of the stock is owned by institutional investors and hedge funds.
Kaltura Price Performance
NASDAQ:KLTR opened at $2.52 on Friday. Kaltura, Inc. has a 52-week low of $0.76 and a 52-week high of $2.82. The company has a market cap of $377.23 million, a P/E ratio of -9.69 and a beta of 1.11. 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 stock's 50-day simple moving average is $2.27 and its 200 day simple moving average is $1.69.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on KLTR. Needham & Company LLC reaffirmed a "buy" rating and set a $3.00 price objective on shares of Kaltura in a research report on Friday, January 17th. Wells Fargo & Company raised their price target on shares of Kaltura from $1.00 to $1.50 and gave the stock an "underweight" rating in a research note on Thursday, November 7th.
Read Our Latest Research Report on KLTR
About Kaltura
(
Free Report)
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).
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