Marshall Wace LLP Takes $935,000 Position in Kaltura, Inc. (NASDAQ:KLTR)

Marshall Wace LLP acquired a new stake in shares of Kaltura, Inc. (NASDAQ:KLTR) during the 4th quarter, Holdings Channel reports. The fund acquired 425,044 shares of the company’s stock, valued at approximately $935,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sei Investments Co. bought a new position in shares of Kaltura in the fourth quarter worth approximately $25,000. Intech Investment Management LLC bought a new position in Kaltura in the 4th quarter valued at approximately $98,000. SG Americas Securities LLC increased its holdings in shares of Kaltura by 40.1% in the 4th quarter. SG Americas Securities LLC now owns 45,286 shares of the company’s stock worth $100,000 after purchasing an additional 12,969 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Kaltura by 53.9% in the fourth quarter. Wells Fargo & Company MN now owns 45,550 shares of the company’s stock worth $100,000 after purchasing an additional 15,944 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Kaltura during the fourth quarter valued at $310,000. 30.79% of the stock is currently owned by institutional investors.

Kaltura Stock Up 0.9 %

Shares of Kaltura stock opened at $2.15 on Thursday. 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 twelve month low of $0.76 and a twelve month high of $2.82. The company has a market cap of $331.40 million, a price-to-earnings ratio of -10.24 and a beta of 1.17. The company’s 50 day moving average is $1.95 and its 200 day moving average is $2.07.

Kaltura (NASDAQ:KLTR) 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 return on equity of 126.99% and a negative net margin of 17.52%. The firm had revenue of $45.61 million during the quarter, compared to analysts’ expectations of $44.36 million.

Insider Buying and Selling at Kaltura

In related news, CFO John N. Doherty sold 17,367 shares of the firm’s stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $1.69, for a total value of $29,350.23. Following the transaction, the chief financial officer now owns 1,534,820 shares of the company’s stock, valued at approximately $2,593,845.80. This trade represents a 1.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 135,496 shares of company stock worth $317,790 in the last three months. 11.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

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).