Qlik Technologies CEO Sells $1,094,800 in Stock (QLIK)
Qlik Technologies (NASDAQ:QLIK) CEO Lars Bjork sold 40,000 shares of Qlik Technologies stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $27.37, for a total value of $1,094,800.00. Following the transaction, the chief executive officer now directly owns 767,991 shares in the company, valued at approximately $21,019,914. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Qlik Technologies (NASDAQ:QLIK) traded down 1.38% on Wednesday, hitting $27.16. 1,841,647 shares of the company’s stock traded hands. Qlik Technologies has a 52 week low of $21.65 and a 52 week high of $37.56. The stock has a 50-day moving average of $26.94 and a 200-day moving average of $29.4. The company’s market cap is $2.411 billion.
QLIK has been the subject of a number of recent research reports. Analysts at Deutsche Bank initiated coverage on shares of Qlik Technologies in a research note on Wednesday, January 22nd. They set a “hold” rating and a $28.00 price target on the stock. Separately, analysts at Drexel Hamilton upgraded shares of Qlik Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, analysts at Zacks upgraded shares of Qlik Technologies from an “underperform” rating to a “neutral” rating in a research note on Monday, January 13th. They now have a $28.40 price target on the stock. Eight investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $33.34.
Qlik Technologies Inc (NASDAQ:QLIK) provides user-driven business intelligence (BI) solution that enables its customers.
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