Geode Capital Management LLC Raises Holdings in Kaltura, Inc. (NASDAQ:KLTR)

Geode Capital Management LLC raised its position in shares of Kaltura, Inc. (NASDAQ:KLTR) by 6.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,990,252 shares of the company’s stock after acquiring an additional 124,415 shares during the period. Geode Capital Management LLC owned approximately 1.33% of Kaltura worth $2,707,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp lifted its stake in shares of Kaltura by 0.6% in the 3rd quarter. State Street Corp now owns 1,268,751 shares of the company’s stock valued at $1,726,000 after purchasing an additional 7,719 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Kaltura by 4.8% during the second quarter. Bank of New York Mellon Corp now owns 231,173 shares of the company’s stock valued at $277,000 after buying an additional 10,534 shares in the last quarter. Renaissance Technologies LLC grew its stake in Kaltura by 5.7% during the second quarter. Renaissance Technologies LLC now owns 382,600 shares of the company’s stock worth $459,000 after buying an additional 20,500 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Kaltura in the third quarter worth $44,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Kaltura by 15.6% in the 3rd 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. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Kaltura Price Performance

Shares of KLTR stock opened at $2.52 on Wednesday. Kaltura, Inc. has a twelve month low of $0.76 and a twelve month high of $2.82. The company has a market capitalization of $377.23 million, a PE ratio of -9.69 and a beta of 1.11. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.26. The firm has a fifty day simple moving average of $2.12 and a 200-day simple moving average of $1.56.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KLTR. Wells Fargo & Company increased their price target on Kaltura from $1.00 to $1.50 and gave the company an “underweight” rating in a report on Thursday, November 7th. Needham & Company LLC reiterated a “buy” rating and set a $3.00 target price on shares of Kaltura in a report on Thursday, November 7th.

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).