Tech Expert Eric Bannasch Reshuffles His Holdings In Infoblox Inc. (BLOX) And Qlik Technologies Inc. (QLIK)

Infoblox has  also reported its financial results for the third quarter of fiscal 2015 that ended April 30, 2015. The technology company posted a net revenue of $78.1 million for the quarter, up by 28% on the year. At the same time, Infoblox delivered a net loss of $5.14 million, compared to a net loss of $7.44 million reported a year ago. Let’s not forget to mention that the shares of Infoblox have grown by 14% since the beginning of the year. Another hedge fund from our database that is bullish on Infoblox Inc. (NYSE:BLOX) is Malcolm Fairbairn’s Ascend Capital, which owns a stake of 2.17 million shares.

Let’s now move on to Qlik Technologies Inc. (NASDAQ:QLIK), which is a leader in visual analytics delivering intuitive solutions for self-service data visualization and guided analytics. The shares of Qlik have recently reached an all-time high of over $41 per share, gaining 28% year-to-date. Not so long ago, the company announced a partnership with AFAS Software, which is an Enterprise Resource Planning (ERP) software provider. As a result, AFAS Software will incorporate Qlik Sense, a business intelligence tool designed for the use of different enterprises, in its online solution so as to provide high-end visual analytics for its clients. Therefore, the integration will enable more than 560,000 users of the ERP software to use Qlik’s business intelligence tool. Qlik Technologies, which has just celebrated its five-year listing anniversary, has also reported its financial results for the second quarter of 2015. The company posted a total revenue of $145.8 million, which yields and increase of 11% year-over-year. At the same time, Qlik reported a GAAP net loss of $13 million or $0.14 per share, compared to a loss of $10.2 million reported a year ago. Within our database, Kerr Neilson’s Platinum Asset Management is the second-largest shareholder in Qlik Technologies Inc. (NASDAQ:QLIK), holding an ownership stake of 5.22 million shares.

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