S Squared Technology LLC Acquires 373,149 Shares of Kaltura, Inc. $KLTR

S Squared Technology LLC boosted its holdings in Kaltura, Inc. (NASDAQ:KLTR) by 39.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,316,323 shares of the company’s stock after purchasing an additional 373,149 shares during the period. Kaltura accounts for approximately 0.8% of S Squared Technology LLC’s portfolio, making the stock its 27th largest position. S Squared Technology LLC’s holdings in Kaltura were worth $2,159,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Barclays PLC increased its position in Kaltura by 5.6% in the 4th quarter. Barclays PLC now owns 245,294 shares of the company’s stock worth $402,000 after buying an additional 13,034 shares during the period. The Manufacturers Life Insurance Company increased its position in Kaltura by 66.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 28,628 shares of the company’s stock worth $47,000 after buying an additional 11,398 shares during the period. State Street Corp increased its position in Kaltura by 9.2% in the 4th quarter. State Street Corp now owns 1,598,453 shares of the company’s stock worth $2,621,000 after buying an additional 135,092 shares during the period. Wells Fargo & Company MN increased its position in Kaltura by 78.1% in the 4th quarter. Wells Fargo & Company MN now owns 98,751 shares of the company’s stock worth $162,000 after buying an additional 43,293 shares during the period. Finally, EntryPoint Capital LLC bought a new position in Kaltura in the 4th quarter worth approximately $38,000. 30.79% of the stock is owned by institutional investors.

Kaltura Stock Performance

Shares of NASDAQ:KLTR opened at $1.40 on Monday. Kaltura, Inc. has a 1-year low of $1.06 and a 1-year high of $2.13. The firm has a market capitalization of $210.53 million, a PE ratio of -14.00 and a beta of 1.14. The business’s 50 day moving average is $1.36 and its 200-day moving average is $1.44.

Kaltura (NASDAQ:KLTR) last announced 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 company had revenue of $44.63 million for the quarter, compared to analyst estimates of $43.00 million.

Analyst Ratings Changes

Several brokerages have commented on KLTR. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Needham & Company LLC reissued a “buy” rating and set a $3.00 price objective 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $3.00.

Insiders Place Their Bets

In related news, Director Richard Levandov purchased 40,000 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average price of $1.22 per share, with a total value of $48,800.00. Following 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 ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ron Yekutiel purchased 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was bought at an average cost of $1.24 per share, for a total transaction of $49,600.00. Following the purchase, the chief executive officer owned 15,095,748 shares in the company, valued at $18,718,727.52. This represents a 0.27% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 223,125 shares of company stock worth $266,523 and have sold 478,075 shares worth $640,870. Corporate insiders own 16.30% of the company’s stock.

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.