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Qlik Technologies (NASDAQ:QLIK) VP Anthony Deighton unloaded 16,549 shares of the stock on the open market in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $22.00, for a total transaction of $364,078.00. Following the completion of the transaction, the vice president now directly owns 2,263 shares in the company, valued at approximately $49,786. The sale was disclosed in a legal filing with the SEC, which is available at this link.

QLIK has been the subject of a number of recent research reports. Analysts at Summit Research initiated coverage on shares of Qlik Technologies in a research note on Thursday. They set a “buy” rating and a $31.00 price target on the stock. Separately, analysts at Summit initiated coverage on shares of Qlik Technologies in a research note on Thursday. They set a “buy” rating and a $31.00 price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Qlik Technologies from $32.00 to $28.00 in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $32.12.

Qlik Technologies (NASDAQ:QLIK) traded down 0.22% during mid-day trading on Monday, hitting $22.63. The stock had a trading volume of 905,044 shares. Qlik Technologies has a 1-year low of $20.17 and a 1-year high of $37.56. The stock’s 50-day moving average is $22.05 and its 200-day moving average is $25.61. The company’s market cap is $2.029 billion.

Qlik Technologies (NASDAQ:QLIK) last announced its earnings results on Thursday, April 24th. The company reported ($0.12) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.13) by $0.01. The company had revenue of $111.10 million for the quarter, compared to the consensus estimate of $113.22 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis. Analysts expect that Qlik Technologies will post $0.25 EPS for the current fiscal year.

Qlik Technologies Inc (NASDAQ:QLIK) provides user-driven business intelligence (BI) solution that enables its customers.

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