S Squared Technology LLC Has $2.16 Million Stake in Kaltura, Inc. $KLTR

S Squared Technology LLC grew its position in shares of Kaltura, Inc. (NASDAQ:KLTR) by 39.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,316,323 shares of the company’s stock after buying an additional 373,149 shares during the quarter. Kaltura makes up about 0.8% of S Squared Technology LLC’s investment portfolio, making the stock its 27th largest holding. S Squared Technology LLC owned approximately 0.84% of Kaltura worth $2,159,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in KLTR. Tocqueville Asset Management L.P. lifted its holdings in shares of Kaltura by 69.5% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 1,402,383 shares of the company’s stock valued at $2,019,000 after buying an additional 575,000 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Kaltura by 63.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 917,078 shares of the company’s stock valued at $1,843,000 after buying an additional 355,358 shares during the last quarter. First Eagle Investment Management LLC acquired a new stake in shares of Kaltura during the 4th quarter valued at about $364,000. Los Angeles Capital Management LLC lifted its holdings in shares of Kaltura by 355.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 191,285 shares of the company’s stock valued at $293,000 after buying an additional 149,310 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in shares of Kaltura by 348.8% during the 3rd quarter. Squarepoint Ops LLC now owns 189,860 shares of the company’s stock valued at $273,000 after buying an additional 147,559 shares during the last quarter. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Kaltura Stock Performance

Shares of KLTR stock opened at $1.40 on Monday. The stock’s 50 day simple moving average is $1.36 and its 200 day simple moving average is $1.44. Kaltura, Inc. has a twelve month low of $1.06 and a twelve month high of $2.13. The company has a market capitalization of $210.53 million, a price-to-earnings ratio of -14.00 and a beta of 1.14.

Kaltura (NASDAQ:KLTR) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.01 earnings per share for the quarter. Kaltura had a negative return on equity of 35.91% and a negative net margin of 8.25%.The business had revenue of $44.63 million for the quarter, compared to the consensus estimate of $43.00 million.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on KLTR shares. Wall Street Zen lowered Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Needham & Company LLC reiterated a “buy” rating and set a $3.00 price target on shares of Kaltura in a report on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $3.00.

Insiders Place Their Bets

In related news, CEO Ron Yekutiel acquired 44,100 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were acquired at an average cost of $1.12 per share, with a total value of $49,392.00. Following the purchase, the chief executive officer owned 14,971,723 shares of the company’s stock, valued at approximately $16,768,329.76. The trade was a 0.30% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard Levandov acquired 40,000 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was bought at an average cost of $1.22 per share, for a total transaction of $48,800.00. Following the completion of the purchase, the director directly owned 489,706 shares in the company, valued at $597,441.32. This represents a 8.89% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 223,125 shares of company stock worth $266,523 and sold 478,075 shares worth $640,870. 16.30% of the stock is currently owned by insiders.

Kaltura Company Profile

Kaltura, Inc (NASDAQ: KLTR) is a leading provider of video technology solutions designed to empower organizations to create, manage, distribute and monetize video content at scale. The company’s cloud-native platform supports an array of use cases including enterprise communications, online learning, virtual events, media delivery and over-the-top (OTT) television services. By combining open-source roots with software-as-a-service (SaaS) flexibility, Kaltura offers organizations the ability to tailor their video workflows and integrate seamlessly with existing collaboration, learning management and content management systems.

Key offerings from Kaltura include a comprehensive video management system, live streaming and video conferencing capabilities, lecture capture for educational institutions, virtual events and webinars, and turnkey OTT solutions.