Qlik Technologies Inc (QLIK) Files Form 4 Insider Selling : Lars Bjork Sells 16,800 Shares

Qlik Technologies Inc (QLIK): Lars Bjork , CEO and President of Qlik Technologies Inc sold 16,800 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $30.11 per share for a total value of $506,045.41 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Diane Adams (Chief People Officer) sold 2,497 shares at $30.14 per share price.On Jun 2, 2016, Eugene Jackson (Chief Marketing Officer) sold 12,500 shares at $30.20 per share price.Also, On Nov 10, 2015, Lars Bjork (CEO and President) sold 858 shares at $32.13 per share price.On Nov 10, 2015, Anthony Deighton (CTO and SVP, Products) sold 726 shares at $32.49 per share price.

Qlik Technologies Inc: On Friday, Jun 3, 2016 heightened volatility was witnessed in Qlik Technologies Inc which led to swings in the share price. The shares opened for trading at $30.1 and hit $30.2 on the upside , eventually ending the session at $30.1, with a gain of 0.07% or 0.02 points. The heightened volatility saw the trading volume jump to 42,39,851 shares. The 52-week high of the share price is $42.9 and the company has a market cap of $2,828 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 Downgraded by SunTrust to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 6, 2016.Qlik Technologies Inc is Downgraded by Brean Capital to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 3, 2016.Qlik Technologies Inc is Downgraded by DA Davidson to Neutral while Lowering the Price Target of the company shares to $ 30.50 from a previous price target of $52 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 3, 2016.Qlik Technologies Inc is Downgraded by Credit Agricole to Underperform. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 3, 2016.Qlik Technologies Inc is Downgraded by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 30.50 from a previous price target of $35 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued 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.

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