Kaltura (NASDAQ:KLTR) Receives “Buy” Rating from Needham & Company LLC

Needham & Company LLC reaffirmed their buy rating on shares of Kaltura (NASDAQ:KLTR) in a report released on Tuesday,Benzinga reports. Needham & Company LLC currently has a $3.00 price objective on the stock.

Several other analysts also recently commented on KLTR. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of Kaltura in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $3.00.

Kaltura Price Performance

KLTR stock opened at $1.46 on Tuesday. The business’s 50 day simple moving average is $1.56 and its 200 day simple moving average is $1.76. Kaltura has a 1-year low of $1.36 and a 1-year high of $2.82. The firm has a market capitalization of $228.25 million, a PE ratio of -12.17 and a beta of 1.05. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.43.

Kaltura (NASDAQ:KLTR) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.01 EPS for the quarter. The firm had revenue of $43.87 million for the quarter, compared to analyst estimates of $43.27 million. Kaltura had a negative return on equity of 54.84% and a negative net margin of 10.01%. Kaltura has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Activity at Kaltura

In other news, CFO John N. Doherty sold 18,580 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $1.52, for a total transaction of $28,241.60. Following the sale, the chief financial officer owned 1,423,180 shares in the company, valued at approximately $2,163,233.60. The trade was a 1.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Eyal Manor sold 27,956 shares of Kaltura stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $1.82, for a total transaction of $50,879.92. Following the transaction, the director directly owned 340,634 shares of the company’s stock, valued at approximately $619,953.88. This trade represents a 7.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 85,050 shares of company stock worth $136,631. Insiders own 13.50% of the company’s stock.

Institutional Trading of Kaltura

Institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new position in shares of Kaltura during the third quarter valued at approximately $35,000. Bridgeway Capital Management LLC grew its stake in shares of Kaltura by 7.9% during the 3rd quarter. Bridgeway Capital Management LLC now owns 269,700 shares of the company’s stock valued at $388,000 after acquiring an additional 19,700 shares during the period. Squarepoint Ops LLC raised its stake in Kaltura by 348.8% during the 3rd quarter. Squarepoint Ops LLC now owns 189,860 shares of the company’s stock worth $273,000 after acquiring an additional 147,559 shares during the period. Boston Partners lifted its holdings in Kaltura by 23.6% during the third quarter. Boston Partners now owns 269,570 shares of the company’s stock valued at $388,000 after purchasing an additional 51,462 shares in the last quarter. Finally, Tocqueville Asset Management L.P. raised its holdings in Kaltura by 69.5% during the third quarter. Tocqueville Asset Management L.P. now owns 1,402,383 shares of the company’s stock valued at $2,019,000 after acquiring an additional 575,000 shares during the period. Hedge funds and other institutional investors own 30.79% of the company’s stock.

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).