Qlik Technologies Inc (QLIK) Files Form 4 Insider Selling : Eugene Jackson Sells 4,000 Shares

Qlik Technologies Inc (QLIK): Eugene Jackson , Chief Marketing Officer of Qlik Technologies Inc sold 4,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $30.93 per share for a total value of $123,706.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Eugene Jackson (Chief Marketing Officer) sold 4,000 shares at $30.00 per share price.On Nov 10, 2015, Lars Bjork (CEO and President) sold 858 shares at $32.13 per share price.Also, On Nov 10, 2015, Anthony Deighton (CTO and SVP, Products) sold 726 shares at $32.49 per share price.On Nov 10, 2015, Leslie Bonney (Chief Strategy Officer) sold 716 shares at $32.10 per share price.

Qlik Technologies Inc: On Monday, May 16, 2016 heightened volatility was witnessed in Qlik Technologies Inc which led to swings in the share price. The shares opened for trading at $30.9 and hit $31.32 on the upside , eventually ending the session at $31.1, with a gain of 1.24% or 0.38 points. The heightened volatility saw the trading volume jump to 10,61,819 shares. The 52-week high of the share price is $42.9 and the company has a market cap of $2,922 M . The 52-week low of the share price is at $15.77.

Qlik Technologies Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Qlik Technologies Inc is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 37 from a previous price target of $31 .The Rating was issued on Apr 29, 2016.Qlik Technologies Inc is Reiterated by BMO Capital Markets to Market Perform and the brokerage firm has raised the Price Target to $ 32 from a previous price target of $30 .The Rating was issued on Apr 29, 2016.Qlik Technologies Inc is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 40 from a previous price target of $35 .The Rating was issued on Apr 29, 2016.Qlik Technologies Inc is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $28 .The Rating was issued on Apr 29, 2016.Qlik Technologies Inc is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $32 .The Rating was issued on Apr 29, 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.

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Qlik Technologies Inc - Is it time to Sell?

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