SG Americas Securities LLC Buys 12,969 Shares of Kaltura, Inc. (NASDAQ:KLTR)

SG Americas Securities LLC lifted its stake in Kaltura, Inc. (NASDAQ:KLTR) by 40.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,286 shares of the company’s stock after purchasing an additional 12,969 shares during the quarter. SG Americas Securities LLC’s holdings in Kaltura were worth $100,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in shares of Kaltura by 6.7% in 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. State Street Corp boosted its position 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 worth $1,726,000 after purchasing an additional 7,719 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position 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 worth $917,000 after purchasing an additional 91,138 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Kaltura by 280.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 160,984 shares of the company’s stock worth $219,000 after acquiring an additional 118,718 shares during the last quarter. Finally, Barclays PLC raised its holdings in Kaltura by 215.5% in the 3rd quarter. Barclays PLC now owns 152,686 shares of the company’s stock worth $208,000 after acquiring an additional 104,288 shares during the last quarter. 30.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Kaltura from $1.00 to $1.50 and gave the stock an “underweight” rating in a report on Thursday, November 7th. Needham & Company LLC restated a “buy” rating and issued a $3.00 price objective on shares of Kaltura in a report on Friday, January 17th.

Kaltura Price Performance

Shares of NASDAQ KLTR opened at $2.74 on Thursday. Kaltura, Inc. has a twelve month low of $0.76 and a twelve month high of $2.82. The firm has a market cap of $410.18 million, a P/E ratio of -10.54 and a beta of 1.14. The company has a 50 day moving average of $2.35 and a 200 day moving average of $1.77. 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 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).