In last trading session, Kaltura Inc. (NASDAQ:KLTR) saw 0.53 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $3.26 trading at $0.15 or 4.82% at ring of the bell on the day assigns it a market valuation of $418.78M. That closing price of KLTR’s stock is at a discount of -329.45% from its 52-week high price of $14.00 and is indicating a premium of 7.98% from its 52-week low price of $3.00. Taking a look at company’s average trading volume of 380.93K if we extend that period to 3-months.
For Kaltura Inc. (KLTR), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.1 in the current quarter.
Kaltura Inc. (NASDAQ:KLTR) trade information
Upright in the green during last session for gaining 4.82%, in the last five days KLTR remained trading in the green while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $3.26 price level, adding 1.51% to its value on the day. Kaltura Inc.’s shares saw a change of -3.26% in year-to-date performance and have moved 2.19% in past 5-day. Kaltura Inc. (NASDAQ:KLTR) showed a performance of -21.63% in past 30-days.
Wall Street analysts have assigned a consensus price target of $10.03 to the stock, which implies a rise of 67.5% to its current value. Analysts have been projecting $5.25 as a low price target for the stock while placing it at a high target of $15.00. It follows that stock’s current price would drop -360.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -61.04% for stock’s current value.
Kaltura Inc. (KLTR) estimates and forecasts
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $42.84 million for the same. And 9 analysts are in estimates of company making revenue of $45.95 million in the next quarter that will end on Mar 2022.
Kaltura Inc. is more likely to be releasing its next quarterly report on November 03 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Kaltura Inc. (NASDAQ:KLTR)’s Major holders
Insiders are in possession of 40.58% of company’s total shares while institution are holding 43.62 percent of that, with stock having share float percentage of 73.41%. Investors also watch the number of corporate investors in a company very closely, which is 43.62% institutions for Kaltura Inc. that are currently holding shares of the company. Goldman Sachs Group, Inc. is the top institutional holder at KLTR for having 14.45 million shares of worth $148.65 million. And as of Sep 29, 2021, it was holding 11.39% of the company’s outstanding shares.
The second largest institutional holder is Intel Corporation, which was holding about 8.04 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 6.34% of outstanding shares, having a total worth of $82.74 million.
On the other hand, Federated Hermes Kaufmann Small Cap Fund and Hartford Small Company Fund are the top two Mutual Funds which own company’s shares. As of Jul 30, 2021, the former fund manager was holding 1.36 million shares of worth $16.23 million or 1.07% of the total outstanding shares. The later fund manager was in possession of 0.76 million shares on Oct 30, 2021, making its stake of worth around $7.17 million in the company or a holder of 0.60% of company’s stock.