Water Island Capital adds Qlik Technologies Inc (QLIK) to its portfolio

Qlik Technologies Inc (QLIK) : Water Island Capital added new position in Qlik Technologies Inc during the most recent quarter end. The investment management firm now holds 2,619,550 shares of Qlik Technologies Inc which is valued at $79,529,538 , the company said in a statement filed on Aug 15, 2016 with the SEC.Qlik Technologies Inc makes up approximately 5.38% of Water Island Capital’s portfolio.

Other Hedge Funds, Including , Schwab Charles Investment Management Inc boosted its stake in QLIK in the latest quarter, The investment management firm added 12,740 additional shares and now holds a total of 325,098 shares of Qlik Technologies Inc which is valued at $9,869,975. Qlik Technologies Inc makes up approx 0.01% of Schwab Charles Investment Management Inc’s portfolio. Clinton Group Inc sold out all of its stake in QLIK during the most recent quarter. The investment firm sold 81,347 shares of QLIK which is valued $2,469,695. Vertex One Asset Management added QLIK to its portfolio by purchasing 187,000 company shares during the most recent quarter which is valued at $5,677,320. Qlik Technologies Inc makes up approx 0.91% of Vertex One Asset Management’s portfolio.Engineers Gate Manager Lp boosted its stake in QLIK in the latest quarter, The investment management firm added 86,973 additional shares and now holds a total of 124,753 shares of Qlik Technologies Inc which is valued at $3,787,501. Qlik Technologies Inc makes up approx 0.26% of Engineers Gate Manager Lp’s portfolio. Chartwell Investment Partners sold out all of its stake in QLIK during the most recent quarter. The investment firm sold 48,642 shares of QLIK which is valued $1,477,501.

On the company’s financial health, Qlik Technologies Inc reported $-0.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $-0.12. The company had revenue of $138.00 million for the quarter, compared to analysts expectations of $134.38 million. The company’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.09 EPS.

Many Wall Street Analysts have commented on Qlik Technologies Inc. Qlik Technologies Inc was Downgraded by Jefferies to ” Hold” on Jul 18, 2016. Qlik Technologies Inc was Downgraded by SunTrust to ” Neutral” on Jun 6, 2016. Qlik Technologies Inc was Downgraded by Brean Capital to ” Hold” on Jun 3, 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 Company’s core solution for guided analytics is QlikView which allows people create and share insights and analysis in groups and across organizations. The Company’s 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.

Leave a Reply

Qlik Technologies Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Qlik Technologies Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.