Kaltura, Inc. (NASDAQ:KLTR) Short Interest Update

Kaltura, Inc. (NASDAQ:KLTR) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 862,700 shares, a drop of 11.2% from the March 15th total of 971,000 shares. Based on an average trading volume of 122,000 shares, the short-interest ratio is currently 7.1 days. Approximately 1.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of KLTR. Vanguard Group Inc. grew its stake in Kaltura by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 4,175,314 shares of the company’s stock worth $8,142,000 after acquiring an additional 49,726 shares during the period. Barclays PLC grew its stake in Kaltura by 344.1% in the 4th quarter. Barclays PLC now owns 130,487 shares of the company’s stock worth $254,000 after acquiring an additional 101,107 shares during the period. Circumference Group LLC purchased a new stake in Kaltura in the 4th quarter worth approximately $1,287,000. UBS Group AG grew its stake in Kaltura by 122.5% in the 4th quarter. UBS Group AG now owns 92,091 shares of the company’s stock worth $180,000 after acquiring an additional 50,695 shares during the period. Finally, Psagot Value Holdings Ltd. Israel grew its stake in Kaltura by 132.4% in the 4th quarter. Psagot Value Holdings Ltd. Israel now owns 15,800 shares of the company’s stock worth $31,000 after acquiring an additional 9,000 shares during the period. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Kaltura Trading Down 9.1 %

Shares of Kaltura stock opened at $1.20 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.12 and a quick ratio of 1.12. Kaltura has a 1 year low of $1.17 and a 1 year high of $2.27. The company has a market capitalization of $171.91 million, a P/E ratio of -3.53 and a beta of 0.73. The business has a 50 day moving average price of $1.40 and a 200 day moving average price of $1.64.

Kaltura (NASDAQ:KLTR) last issued its quarterly earnings data on Thursday, February 22nd. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.07). Kaltura had a negative return on equity of 130.47% and a negative net margin of 26.47%. The company had revenue of $44.48 million for the quarter, compared to analyst estimates of $41.97 million. During the same quarter in the prior year, the firm earned ($0.11) earnings per share. Sell-side analysts anticipate that Kaltura will post -0.29 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company downgraded shares of Kaltura from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $2.00 to $1.50 in a research report on Wednesday, December 20th. Needham & Company LLC reiterated a “buy” rating and set a $5.00 price target on shares of Kaltura in a research report on Friday, February 23rd.

Kaltura Company 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).