Qlik Technologies COO Unloads $89,046 in Stock (QLIK)
Qlik Technologies (NASDAQ:QLIK) COO Leslie Bonney sold 3,880 shares of Qlik Technologies stock on the open market in a transaction dated Monday, June 9th. The shares were sold at an average price of $22.95, for a total value of $89,046.00. Following the completion of the sale, the chief operating officer now directly owns 5,866 shares of the company’s stock, valued at approximately $134,625. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Qlik Technologies (NASDAQ:QLIK) traded down 0.62% on Tuesday, hitting $22.49. 1,272,380 shares of the company’s stock traded hands. 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 $22.07 and its 200-day moving average is $25.62. The company’s market cap is $2.016 billion.
Qlik Technologies (NASDAQ:QLIK) last posted its quarterly 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 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, June 5th. 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, June 5th. 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 equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the stock. Qlik Technologies has a consensus rating of “Buy” and an average price target of $32.12.
Qlik Technologies Inc (NASDAQ:QLIK) provides user-driven business intelligence (BI) solution that enables its customers.
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