Kaltura, Inc. (NASDAQ:KLTR) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its position in Kaltura, Inc. (NASDAQ:KLTR) by 44.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,520 shares of the company’s stock after selling 55,560 shares during the period. Jane Street Group LLC’s holdings in Kaltura were worth $93,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in Kaltura during the 3rd quarter worth about $44,000. Bank of New York Mellon Corp increased its holdings in Kaltura by 4.8% in 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 boosted its stake in shares of Kaltura by 5.7% during the 2nd quarter. Renaissance Technologies LLC now owns 382,600 shares of the company’s stock worth $459,000 after acquiring an additional 20,500 shares in the last quarter. Charles Schwab Investment Management Inc. increased 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 purchasing an additional 91,138 shares in the last quarter. Finally, State Street Corp raised its holdings in 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 during the period. 30.79% of the stock is owned by hedge funds and other institutional investors.

Kaltura Price Performance

Kaltura stock opened at $2.15 on Wednesday. The company has a fifty day simple moving average of $2.20 and a 200-day simple moving average of $1.59. The firm has a market capitalization of $321.84 million, a price-to-earnings ratio of -8.27 and a beta of 1.11. 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 52-week low of $0.76 and a 52-week high of $2.82.

Wall Street Analyst Weigh In

KLTR has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their target price on Kaltura from $1.00 to $1.50 and gave the company an “underweight” rating in a research report on Thursday, November 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $3.00 price target on shares of Kaltura in a research note on Thursday, November 7th.

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).