State Street Corp Raises Stock Position in Kaltura, Inc. (NASDAQ:KLTR)

State Street Corp grew its holdings in Kaltura, Inc. (NASDAQ:KLTR) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,268,751 shares of the company’s stock after acquiring an additional 7,719 shares during the period. State Street Corp’s holdings in Kaltura were worth $1,726,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Bank of New York Mellon Corp grew its stake in shares of Kaltura by 4.8% during the second quarter. Bank of New York Mellon Corp now owns 231,173 shares of the company’s stock worth $277,000 after purchasing an additional 10,534 shares in the last quarter. Renaissance Technologies LLC grew its position in 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 purchasing an additional 20,500 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Kaltura during the 3rd quarter worth approximately $44,000. Finally, Charles Schwab Investment Management Inc. grew 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 during the last quarter. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Analyst Upgrades and Downgrades

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

Kaltura Stock Performance

Kaltura stock opened at $2.20 on Thursday. The stock has a fifty day moving average price of $2.00 and a 200 day moving average price of $1.51. Kaltura, Inc. has a 52 week low of $0.76 and a 52 week high of $2.42. The firm has a market capitalization of $329.33 million, a P/E ratio of -8.46 and a beta of 1.13. The company has a current ratio of 1.12, a quick 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).