Gagnon Advisors LLC Has $3.05 Million Position in Kaltura, Inc. (NASDAQ:KLTR)

Gagnon Advisors LLC raised its stake in Kaltura, Inc. (NASDAQ:KLTR) by 34.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,386,044 shares of the company’s stock after buying an additional 356,336 shares during the quarter. Kaltura accounts for about 2.0% of Gagnon Advisors LLC’s holdings, making the stock its 21st biggest position. Gagnon Advisors LLC’s holdings in Kaltura were worth $3,049,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Kaltura by 0.6% in the 3rd quarter. State Street Corp now owns 1,268,751 shares of the company’s stock valued at $1,726,000 after buying an additional 7,719 shares in the last quarter. Barclays PLC lifted its stake in Kaltura by 215.5% in the third quarter. Barclays PLC now owns 152,686 shares of the company’s stock valued at $208,000 after acquiring an additional 104,288 shares during the last quarter. Geode Capital Management LLC grew its position in Kaltura by 6.7% in the third quarter. Geode Capital Management LLC now owns 1,990,252 shares of the company’s stock worth $2,707,000 after acquiring an additional 124,415 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Kaltura by 280.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 160,984 shares of the company’s stock worth $219,000 after purchasing an additional 118,718 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised 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 valued at $917,000 after purchasing an additional 91,138 shares in the last quarter. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Kaltura Price Performance

NASDAQ KLTR opened at $2.52 on Friday. Kaltura, Inc. has a 1 year low of $0.76 and a 1 year high of $2.82. The company has a fifty day simple moving average of $2.27 and a 200 day simple moving average of $1.69. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.26.

Wall Street Analyst Weigh In

KLTR has been the subject of a number of recent research reports. Wells Fargo & Company upped 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 reissued a “buy” rating and set a $3.00 price objective on shares of Kaltura in a report on Friday, January 17th.

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).