Mitek Systems, Inc. (MITK) EPS Estimated At $0.03

October 13, 2018 - By Marguerite Chambers

Mitek Systems, Inc. (NASDAQ:MITK) LogoInvestors sentiment increased to 1.63 in 2018 Q2. Its up 0.77, from 0.86 in 2018Q1. It increased, as 10 investors sold Mitek Systems, Inc. shares while 20 reduced holdings. 13 funds opened positions while 36 raised stakes. 15.91 million shares or 8.76% more from 14.63 million shares in 2018Q1 were reported.
Grp One Trading Lp has invested 0% of its portfolio in Mitek Systems, Inc. (NASDAQ:MITK). 50,081 were reported by California State Teachers Retirement. Malaga Cove Limited Com invested in 0.07% or 16,000 shares. Commercial Bank Of Mellon invested 0% of its portfolio in Mitek Systems, Inc. (NASDAQ:MITK). Paradigm New York owns 0.1% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 141,000 shares. Piedmont Ltd Liability Com holds 568 shares. The Ohio-based Strs Ohio has invested 0% in Mitek Systems, Inc. (NASDAQ:MITK). Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 872 shares. Peak6 Invests Limited Partnership reported 28,065 shares or 0% of all its holdings. Citadel invested in 0% or 55,240 shares. 9,990 are owned by Bancorp Of America De. Glob X Mgmt Limited Liability Company reported 85,899 shares or 0.01% of all its holdings. Barclays Public Limited Company has invested 0% in Mitek Systems, Inc. (NASDAQ:MITK). Ameritas Inv Prns holds 0% or 2,294 shares in its portfolio. Menta Cap Lc has 0.03% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 16,230 shares.

Since April 27, 2018, it had 1 insider buy, and 7 insider sales for $1.34 million activity. 40,000 shares valued at $349,310 were sold by Hansen Bruce Edward on Tuesday, May 29. HALE JAMES C III bought 20,000 shares worth $143,482. Ritter Stephen sold $79,222 worth of Mitek Systems, Inc. (NASDAQ:MITK) on Friday, June 8. DAVISON JEFFREY C sold $121,774 worth of stock. DEBELLO JAMES B had sold 50,000 shares worth $427,068 on Tuesday, August 21. SARAH CLARK had sold 2,411 shares worth $18,685 on Tuesday, May 1.

Analysts expect Mitek Systems, Inc. (NASDAQ:MITK) to report $0.03 EPS on November, 6.They anticipate $0.04 EPS change or 57.14 % from last quarter’s $0.07 EPS. MITK’s profit would be $1.13 million giving it 64.58 P/E if the $0.03 EPS is correct. After having $0.01 EPS previously, Mitek Systems, Inc.’s analysts see 200.00 % EPS growth. The stock decreased 0.26% or $0.02 during the last trading session, reaching $7.75. About 411,578 shares traded or 27.63% up from the average. Mitek Systems, Inc. (NASDAQ:MITK) has declined 24.50% since October 14, 2017 and is downtrending. It has underperformed by 40.12% the S&P500.

Mitek Systems, Inc. develops, markets, and sells mobile capture and identity verification software solutions for enterprise clients worldwide. The company has market cap of $292.93 million. The firm applies its patented technology in image capture, correction, and intelligent data extraction in the mobile financial and business services markets. It has a 85.16 P/E ratio. The Company’s technology allows users to remotely deposit checks, open accounts, get insurance quotes, and pay bills, as well as verify their identity by taking pictures of various documents with their camera-equipped smartphones and tablets instead of using the device keyboard.

More notable recent Mitek Systems, Inc. (NASDAQ:MITK) news were published by: Nasdaq.com which released: “New Research from Mitek Reveals Americans Want Companies to Take Extra Steps to Verify Identity Online” on September 20, 2018, also Globenewswire.com with their article: “Third Annual Mobile Deposit Report Finds Significant Ranking Movement Among the Largest Financial Institutions” published on October 10, 2018, Benzinga.com published: “41 Biggest Movers From Yesterday” on October 11, 2018. More interesting news about Mitek Systems, Inc. (NASDAQ:MITK) were released by: Benzinga.com and their article: “26 Stocks Moving In Thursday’s Pre-Market Session” published on October 11, 2018 as well as Nasdaq.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for Five Prime Therapeutics, National Health Investors, Starwood …” with publication date: October 10, 2018.

Mitek Systems, Inc. (NASDAQ:MITK) Institutional Positions Chart

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