Acadian Asset Management LLC Boosts Position in Kaltura, Inc. $KLTR

Acadian Asset Management LLC raised its stake in Kaltura, Inc. (NASDAQ:KLTR) by 170.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,483,536 shares of the company’s stock after buying an additional 935,255 shares during the period. Acadian Asset Management LLC owned about 0.97% of Kaltura worth $2,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. The Manufacturers Life Insurance Company bought a new stake in shares of Kaltura during the fourth quarter valued at approximately $67,000. Ameriprise Financial Inc. purchased a new position in Kaltura during the 4th quarter worth $28,000. BNP Paribas Financial Markets bought a new stake in Kaltura during the 4th quarter valued at $201,000. Bank of America Corp DE lifted its stake in Kaltura by 39.4% in the fourth quarter. Bank of America Corp DE now owns 176,012 shares of the company’s stock worth $387,000 after acquiring an additional 49,775 shares during the period. Finally, Citadel Advisors LLC raised its holdings in shares of Kaltura by 11.9% in the 4th quarter. Citadel Advisors LLC now owns 99,813 shares of the company’s stock valued at $220,000 after purchasing an additional 10,616 shares in the last quarter. 30.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Kaltura from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $2.25.

Insider Buying and Selling at Kaltura

In related news, CFO John N. Doherty sold 38,114 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $1.49, for a total value of $56,789.86. Following the completion of the transaction, the chief financial officer directly owned 1,441,760 shares in the company, valued at $2,148,222.40. The trade was a 2.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 13.50% of the stock is currently owned by company insiders.

Kaltura Price Performance

Shares of KLTR stock opened at $1.72 on Tuesday. Kaltura, Inc. has a twelve month low of $1.23 and a twelve month high of $2.82. The stock has a market cap of $265.72 million, a P/E ratio of -14.33 and a beta of 1.07. The stock has a 50 day moving average of $1.68 and a 200 day moving average of $1.91. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.57.

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).