Shares of Qlik Technologies (NASDAQ:QLIK) Sees Large Inflow of Net Money Flow

Qlik Technologies (NASDAQ:QLIK) traded with a cut of -0.06 points or -0.18% at $29.95 per share. As per the last available information, the stock aggregated $25.27 million in upticks and $22.52 million in downticks, keeping the net money flow capped at $2.74 million. The up/down ratio was found to be 1.12. For the week, the shares have seen a change of -0.51% in the share price.A block trade of $14.96 million in upticks and $9.32 million in downticks also took place during the day. The up/down ratio for the block stood at 1.6. The net money flow for this transaction was $5.64 million.


Currently the company Insiders own 2.6% of Qlik Technologies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -33.33% . During last six month period, the net percent change held by insiders has seen a change of -33.33%. On the companys insider trading activities, Lofton Deborah C, officer (VP and General Counsel) of Qlik Technologies Inc, unloaded 3,029 shares at an average price of $30.11 on June 6, 2016. The total amount of the transaction was worth $91,203, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Qlik Technologies (NASDAQ:QLIK) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.07% at $29.98 with 6,464,504 shares getting traded. Post opening the session at $29.98, the shares hit an intraday low of $29.92 and an intraday high of $30.08 and the price was in this range throughout the day. The company has a market cap of $2,817 million and the number of outstanding shares have been calculated to be 93,964,465 shares. The 52-week high of Qlik Technologies (NASDAQ:QLIK) is $42.9 and the 52-week low is $15.77.

Many analysts have stated their opinion on the company shares. SunTrust Robinson Humphrey downgrades its rating on Qlik Technologies (NASDAQ:QLIK). Analysts at the SunTrust Robinson Humphrey have a current rating of Neutral on the shares. The shares were previously rated Buy. The rating by the firm was issued on June 6, 2016.

Qlik Technologies Inc. is a provider of user-driven, business intelligence (BI) solutions. The Company is engaged in the development, commercialization and implementation of software products and related services. The Companys core solution for guided analytics is QlikView, which allows people create and share insights and analysis in groups and across organizations. The Companys QlikView Desktop is a Windows application that enables the user to load data from disparate sources. QlikView Expressor provides a graphical studio for designing and managing data integration for QlikView apps. QlikView NPrinting is a report generation, distribution and scheduling application for QlikView. Qlik Sense is self-service data visualization and analysis application. Qlik Sense Desktop allows users to connect to any underlying data source, load data, build user interfaces and conduct interactive analyses of their data.

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