Walleye Capital LLC Makes New $429,000 Investment in Kaltura, Inc. (NASDAQ:KLTR)

Walleye Capital LLC purchased a new position in shares of Kaltura, Inc. (NASDAQ:KLTR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 195,099 shares of the company's stock, valued at approximately $429,000. Walleye Capital LLC owned approximately 0.13% of Kaltura at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Avalon Ventures Management LLC bought a new position in Kaltura in the 4th quarter valued at approximately $19,718,000. Gagnon Advisors LLC boosted its holdings in shares of Kaltura by 34.6% during the 4th quarter. Gagnon Advisors LLC now owns 1,386,044 shares of the company's stock valued at $3,049,000 after acquiring an additional 356,336 shares in the last quarter. Gagnon Securities LLC grew its position 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 during the last quarter. Globeflex Capital L P acquired a new position in Kaltura in the 4th quarter worth about $627,000. Finally, Russell Investments Group Ltd. raised its position in Kaltura by 12.7% in the fourth quarter. Russell Investments Group Ltd. now owns 2,386,927 shares of the company's stock valued at $5,251,000 after purchasing an additional 268,917 shares during the last quarter. Institutional investors and hedge funds own 30.79% of the company's stock.

Kaltura Trading Up 1.7 %

KLTR traded up $0.04 during midday trading on Monday, hitting $2.09. 297,094 shares of the company were exchanged, compared to its average volume of 505,759. The firm has a market capitalization of $321.38 million, a P/E ratio of -9.93 and a beta of 1.17. The firm's 50 day moving average price is $1.98 and its 200-day moving average price is $2.06. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.26. Kaltura, Inc. has a 1-year low of $0.76 and a 1-year high of $2.82.

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 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 for the quarter, compared to the consensus estimate of $44.36 million.

Analyst Ratings Changes

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

Insider Activity

In other Kaltura news, CFO John N. Doherty sold 17,367 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $1.69, for a total value 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 approximately $2,593,845.80. The trade was a 1.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 135,496 shares of company stock valued at $317,790 in the last ninety days. 11.30% of the stock is owned by company insiders.

Kaltura 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).