Retirement Systems of Alabama Has $14,228,000 Position in Qlik Technologies Inc (QLIK)
Retirement Systems of Alabama maintained its stake in shares of Qlik Technologies Inc (NASDAQ:QLIK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 481,000 shares of the company’s stock at the end of the second quarter. Retirement Systems of Alabama owned approximately 0.51% of Qlik Technologies worth $14,228,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in QLIK. Elliott Management Corp acquired a new stake in shares of Qlik Technologies during the first quarter worth approximately $134,042,000. Goldman Sachs Group Inc. increased its position in Qlik Technologies by 44.4% in the first quarter. Goldman Sachs Group Inc. now owns 876,759 shares of the company’s stock worth $25,355,000 after buying an additional 269,400 shares in the last quarter. TimesSquare Capital Management LLC increased its position in Qlik Technologies by 3.8% in the first quarter. TimesSquare Capital Management LLC now owns 6,176,835 shares of the company’s stock worth $178,634,000 after buying an additional 225,590 shares in the last quarter. Oasis Management Co Ltd. purchased a new position in Qlik Technologies during the first quarter worth about $4,916,000. Finally, State Street Corp increased its position in Qlik Technologies by 4.2% in the first quarter. State Street Corp now owns 1,697,713 shares of the company’s stock worth $49,098,000 after buying an additional 68,713 shares in the last quarter.
Shares of Qlik Technologies Inc (NASDAQ:QLIK) remained flat at $30.50 during mid-day trading on Friday. The firm has a 50-day moving average price of $30.16 and a 200-day moving average price of $28.29. Qlik Technologies Inc has a 1-year low of $15.77 and a 1-year high of $40.56.
Qlik Technologies (NASDAQ:QLIK) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.11. The firm earned $180.60 million during the quarter, compared to the consensus estimate of $145.80 million. On average, equities research analysts expect that Qlik Technologies Inc will post $0.60 EPS for the current fiscal year.
QLIK has been the topic of a number of analyst reports. Jefferies Group reaffirmed a “buy” rating on shares of Qlik Technologies in a report on Tuesday, July 5th. Zacks Investment Research raised shares of Qlik Technologies from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Saturday, July 30th. Roth Capital initiated coverage on shares of Qlik Technologies in a report on Thursday, September 1st. They set a “buy” rating and a $1.50 price objective on the stock. Citigroup Inc. reaffirmed a “hold” rating on shares of Qlik Technologies in a report on Saturday, June 4th. Finally, Bank of America Corp. reaffirmed a “hold” rating on shares of Qlik Technologies in a report on Sunday, June 5th. Twenty equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Qlik Technologies currently has an average rating of “Hold” and an average price target of $33.91.
In other Qlik Technologies news, insider Eugene Jackson sold 4,000 shares of Qlik Technologies stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $30.36, for a total value of $121,440.00. Following the sale, the insider now owns 29,000 shares of the company’s stock, valued at approximately $880,440. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
About Qlik Technologies
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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