Emerald Advisers Inc. PA raised its position in shares of Qlik Technologies Inc (NASDAQ:QLIK) by 19.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 850,626 shares of the company’s stock after buying an additional 140,533 shares during the period. Qlik Technologies makes up about 1.2% of Emerald Advisers Inc. PA’s holdings, making the stock its 12th largest position. Emerald Advisers Inc. PA’s holdings in Qlik Technologies were worth $25,162,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA raised its position in Qlik Technologies by 5,369.1% in the second quarter. BNP Paribas Arbitrage SA now owns 3,719 shares of the company’s stock worth $110,000 after buying an additional 3,651 shares during the last quarter. Sphinx Trading LP acquired a new position in Qlik Technologies during the second quarter worth approximately $163,000. BlueMountain Capital Management LLC acquired a new position in Qlik Technologies during the first quarter worth approximately $255,000. NN Investment Partners Holdings N.V. acquired a new position in Qlik Technologies during the first quarter worth approximately $555,000. Finally, Squarepoint Ops LLC raised its position in Qlik Technologies by 164.1% in the first quarter. Squarepoint Ops LLC now owns 34,600 shares of the company’s stock worth $1,001,000 after buying an additional 21,500 shares during the last quarter.
Shares of Qlik Technologies Inc (NASDAQ:QLIK) remained flat at $30.50 on Tuesday. Qlik Technologies Inc has a one year low of $15.77 and a one year high of $40.56. The stock has a 50-day moving average of $30.16 and a 200 day moving average of $28.29.
Qlik Technologies (NASDAQ:QLIK) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.11. The company had revenue of $180.60 million for the quarter, compared to analysts’ expectations of $145.80 million. Equities research analysts forecast that Qlik Technologies Inc will post $0.60 EPS for the current year.
QLIK has been the subject of a number of recent analyst reports. Jefferies Group reaffirmed a “buy” rating on shares of Qlik Technologies in a research report on Tuesday, July 5th. Zacks Investment Research raised Qlik Technologies from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a research report on Saturday, July 30th. Roth Capital initiated coverage on Qlik Technologies in a report on Thursday, September 1st. They set a “buy” rating and a $1.50 target price on the stock. Brean Capital reiterated a “hold” rating on shares of Qlik Technologies in a report on Friday, July 29th. Finally, JMP Securities downgraded Qlik Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 22nd. Twenty analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Qlik Technologies currently has a consensus rating of “Hold” and an average price target of $33.91.
In other news, insider Eugene Jackson sold 4,000 shares of the business’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of $30.36, for a total transaction of $121,440.00. Following the sale, the insider now directly owns 29,000 shares of the company’s stock, valued at $880,440. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Qlik Technologies Company Profile
Zoona is a Zambia-based financial technology company. The Company provides the technology and business support to over 1,000 entrepreneurs across Africa, enabling them to start their own business. The Company offers Kiva, which is a crowd-lending platform. The Company’s mobile money platform enables over 1,000 entrepreneurs to become Zoona Agents.
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