Horrell Capital Management Inc. Sells 37,070 Shares of Kaltura, Inc. (NASDAQ:KLTR)

Horrell Capital Management Inc. cut its position in Kaltura, Inc. (NASDAQ:KLTR) by 5.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 673,111 shares of the company’s stock after selling 37,070 shares during the quarter. Horrell Capital Management Inc. owned 0.46% of Kaltura worth $915,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of KLTR. SG Americas Securities LLC bought a new position in Kaltura in the 3rd quarter worth about $44,000. Bank of New York Mellon Corp boosted its stake in shares of Kaltura by 4.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 231,173 shares of the company’s stock worth $277,000 after buying an additional 10,534 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in Kaltura by 18.3% during the first quarter. Jacobs Levy Equity Management Inc. now owns 286,502 shares of the company’s stock valued at $387,000 after purchasing an additional 44,289 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Kaltura by 5.7% in the second quarter. Renaissance Technologies LLC now owns 382,600 shares of the company’s stock valued at $459,000 after acquiring an additional 20,500 shares in the last quarter. Finally, Boston Partners increased its stake in Kaltura by 104.8% during the first quarter. Boston Partners now owns 443,905 shares of the company’s stock worth $599,000 after acquiring an additional 227,127 shares during the last quarter. 30.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Needham & Company LLC restated a “buy” rating and set a $3.00 target price on shares of Kaltura in a report on Friday, August 9th.

Kaltura Price Performance

Shares of KLTR stock traded up $0.01 during trading hours on Tuesday, hitting $1.32. The company’s stock had a trading volume of 8,261 shares, compared to its average volume of 132,650. Kaltura, Inc. has a twelve month low of $0.76 and a twelve month high of $2.03. The business has a fifty day moving average of $1.28 and a 200-day moving average of $1.22. The stock has a market cap of $193.92 million, a price-to-earnings ratio of -3.97 and a beta of 0.75. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.33.

Kaltura (NASDAQ:KLTR) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.01. Kaltura had a negative net margin of 24.82% and a negative return on equity of 155.01%. The business had revenue of $44.03 million during the quarter, compared to analyst estimates of $43.27 million. As a group, equities research analysts anticipate that Kaltura, Inc. will post -0.29 EPS for the current year.

About Kaltura

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).