Barclays PLC Grows Stake in Kaltura, Inc. (NASDAQ:KLTR)

Barclays PLC grew its position in shares of Kaltura, Inc. (NASDAQ:KLTR) by 215.5% in the third quarter, Holdings Channel reports. The firm owned 152,686 shares of the company’s stock after purchasing an additional 104,288 shares during the period. Barclays PLC’s holdings in Kaltura were worth $208,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. State Street Corp lifted its holdings in shares of Kaltura by 0.6% during the 3rd quarter. State Street Corp now owns 1,268,751 shares of the company’s stock worth $1,726,000 after acquiring an additional 7,719 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Kaltura by 4.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 231,173 shares of the company’s stock worth $277,000 after acquiring an additional 10,534 shares during the last quarter. Renaissance Technologies LLC lifted its holdings 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 during the last quarter. SG Americas Securities LLC bought a new stake in shares of Kaltura during the 3rd quarter worth $44,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Kaltura by 15.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 674,054 shares of the company’s stock worth $917,000 after acquiring an additional 91,138 shares during the last quarter. 30.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on KLTR shares. Wells Fargo & Company lifted 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 reaffirmed a “buy” rating and set a $3.00 price objective on shares of Kaltura in a report on Thursday, November 7th.

Kaltura Price Performance

KLTR stock opened at $2.58 on Tuesday. Kaltura, Inc. has a 1 year low of $0.76 and a 1 year high of $2.82. The company has a market cap of $386.21 million, a P/E ratio of -9.92 and a beta of 1.11. The firm has a 50-day moving average of $2.10 and a 200 day moving average of $1.55. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.12 and a quick ratio of 1.12.

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).