Mitek Systems Inc’s filing revealed that its SVP Identity CHRISTOPHER H BRIGGS acquired Company’s shares for reported $0.25 million on Jun 13 ’25. In the deal valued at $9.73 per share,26,023 shares were bought.
Then, MICHAEL E DIAMOND bought 70,352 shares, generating $704,224 in total proceeds.
Before that, ROSSI MARK bought 5,000 shares. Mitek Systems Inc shares valued at $45,275 were divested by the Director at a price of $9.05 per share. As a result of the transaction, ROSSI MARK now holds 33,744 shares, worth roughly $0.33 million.
Jefferies downgraded its Mitek Systems Inc [MITK] rating to a Hold from a a Buy in a research note published on September 04, 2024; the price target was decreased to $9.50 from $17. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating.
Price Performance Review of MITK
On Friday, Mitek Systems Inc [NASDAQ:MITK] saw its stock fall -2.90% to $9.72. Over the last five days, the stock has lost -5.26%. Mitek Systems Inc shares have fallen nearly -12.67% since the year began. Nevertheless, the stocks have fallen -14.81% over the past one year. While a 52-week high of $13.72 was reached on 05/09/25, a 52-week low of $6.93 was recorded on 04/09/25.
Levels Of Support And Resistance For MITK Stock
The 24-hour chart illustrates a support level at 9.65, which if violated will result in even more drops to 9.58. On the upside, there is a resistance level at 9.84. A further resistance level may holdings at 9.96.
How much short interest is there in Mitek Systems Inc?
A steep rise in short interest was recorded in Mitek Systems Inc stocks on 2025-05-30, dropping by -0.15 million shares to a total of 2.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 2.77 million shares. There was a decline of -5.65%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 12, 2021 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $27 price target.
