Horrell Capital Management Inc. Has $957,000 Holdings in Kaltura, Inc. (NASDAQ:KLTR)

Horrell Capital Management Inc. cut its holdings in shares of Kaltura, Inc. (NASDAQ:KLTR - Free Report) by 35.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 435,181 shares of the company's stock after selling 237,930 shares during the quarter. Horrell Capital Management Inc. owned about 0.29% of Kaltura worth $957,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Sei Investments Co. acquired a new position in shares of Kaltura in the fourth quarter valued at approximately $25,000. Intech Investment Management LLC bought a new stake in Kaltura in the 4th quarter valued at $98,000. SG Americas Securities LLC grew its holdings in Kaltura by 40.1% in the 4th quarter. SG Americas Securities LLC now owns 45,286 shares of the company's stock valued at $100,000 after buying an additional 12,969 shares in the last quarter. Barclays PLC increased its position in Kaltura by 215.5% during the 3rd quarter. Barclays PLC now owns 152,686 shares of the company's stock worth $208,000 after buying an additional 104,288 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Kaltura by 280.9% during the third quarter. JPMorgan Chase & Co. now owns 160,984 shares of the company's stock worth $219,000 after buying an additional 118,718 shares in the last quarter. Institutional investors and hedge funds own 30.79% of the company's stock.

Analyst Upgrades and Downgrades

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

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Insider Transactions at Kaltura

In related news, CFO John N. Doherty sold 113,634 shares of Kaltura stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $2.46, for a total value of $279,539.64. Following the transaction, the chief financial officer now directly owns 1,556,682 shares of the company's stock, valued at $3,829,437.72. This trade represents a 6.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.30% of the stock is currently owned by insiders.

Kaltura Price Performance

NASDAQ:KLTR traded up $0.02 during trading hours on Friday, reaching $1.94. 265,765 shares of the company were exchanged, compared to its average volume of 284,419. The business has a 50 day moving average of $2.23 and a 200 day moving average of $1.96. Kaltura, Inc. has a 1-year low of $0.76 and a 1-year 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 company has a market capitalization of $299.03 million, a P/E ratio of -9.24 and a beta of 1.16.

Kaltura (NASDAQ:KLTR - Get Free Report) last released 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 company had revenue of $45.61 million for the quarter, compared to analyst estimates of $44.36 million.

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).