Intech Investment Management LLC Purchases New Shares in Kaltura, Inc. (NASDAQ:KLTR)

Intech Investment Management LLC acquired a new stake in Kaltura, Inc. (NASDAQ:KLTR) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 44,680 shares of the company’s stock, valued at approximately $98,000.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Kaltura by 15.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 674,054 shares of the company’s stock valued at $917,000 after acquiring an additional 91,138 shares during the period. State Street Corp raised its stake in Kaltura by 0.6% in the 3rd quarter. State Street Corp now owns 1,268,751 shares of the company’s stock worth $1,726,000 after purchasing an additional 7,719 shares in the last quarter. Barclays PLC boosted its holdings in Kaltura by 215.5% in the 3rd quarter. Barclays PLC now owns 152,686 shares of the company’s stock valued at $208,000 after purchasing an additional 104,288 shares during the period. Geode Capital Management LLC grew its position in shares of Kaltura by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,990,252 shares of the company’s stock worth $2,707,000 after purchasing an additional 124,415 shares in the last quarter. Finally, JPMorgan Chase & Co. increased 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 purchasing an additional 118,718 shares during the period. Institutional investors own 30.79% of the company’s stock.

Kaltura Stock Down 4.0 %

Shares of NASDAQ KLTR opened at $1.92 on Friday. The stock has a market capitalization of $295.94 million, a P/E ratio of -9.14 and a beta of 1.16. The stock’s fifty day moving average is $2.24 and its 200 day moving average is $1.96. Kaltura, Inc. has a 52 week low of $0.76 and a 52 week high of $2.82. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.12 and a current ratio of 1.12.

Kaltura (NASDAQ:KLTR) last released its earnings results on Thursday, February 20th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $44.36 million.

Insider Activity at Kaltura

In other Kaltura news, CFO John N. Doherty sold 113,634 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $2.46, for a total value of $279,539.64. Following the sale, the chief financial officer now owns 1,556,682 shares of the company’s stock, valued at approximately $3,829,437.72. This trade represents a 6.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 11.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Needham & Company LLC reiterated a “buy” rating and issued a $3.00 price target on shares of Kaltura in a research note on Friday, March 14th.

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).