Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) CFO John N. Doherty sold 113,634 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was 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 in the company, valued at $3,829,437.72. The trade was a 6.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Kaltura Price Performance
Shares of NASDAQ KLTR traded down $0.05 during midday trading on Friday, reaching $1.96. The company's stock had a trading volume of 270,234 shares, compared to its average volume of 641,933. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.26. The company has a 50 day moving average price of $2.35 and a 200 day moving average price of $1.90. Kaltura, Inc. has a one year low of $0.76 and a one year high of $2.82. The company has a market cap of $302.11 million, a price-to-earnings ratio of -9.33 and a beta of 1.16.
Kaltura (NASDAQ:KLTR - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported ($0.04) earnings per share (EPS) 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 firm had revenue of $45.61 million for the quarter, compared to analyst estimates of $44.36 million.
Wall Street Analyst Weigh In
Separately, Needham & Company LLC reiterated a "buy" rating and issued a $3.00 target price on shares of Kaltura in a report on Friday, January 17th.
Read Our Latest Research Report on KLTR
Institutional Investors Weigh In On Kaltura
Large investors have recently made changes to their positions in the company. Sei Investments Co. acquired a new stake in shares of Kaltura during the fourth quarter valued at approximately $25,000. Ameriprise Financial Inc. acquired a new stake in shares of Kaltura during the fourth quarter valued at approximately $28,000. ProShare Advisors LLC raised its holdings in shares of Kaltura by 51.2% during the fourth 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 fourth quarter valued at approximately $67,000. Finally, Cubist Systematic Strategies LLC acquired a new position in Kaltura in the 4th quarter valued at approximately $80,000. Institutional investors and hedge funds own 30.79% of the company's stock.
Kaltura Company Profile
(
Get 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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