Mitek Systems Inc’s filing revealed that its General Manager Diamond Michael E unloaded Company’s shares for reported $0.69 million on Jun 13 ’25. In the deal valued at $9.77 per share,70,352 shares were sold. As a result of this transaction, Diamond Michael E now holds 233,340 shares worth roughly $2.29 million.
Then, CHRISTOPHER H BRIGGS bought 26,023 shares, generating $253,087 in total proceeds.
Before that, MICHAEL E DIAMOND bought 70,352 shares. Mitek Systems Inc shares valued at $704,224 were divested by the Officer at a price of $10.01 per share.
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 Tuesday, Mitek Systems Inc [NASDAQ:MITK] saw its stock jump 1.34% to $9.81. Over the last five days, the stock has gained 0.41%. Mitek Systems Inc shares have fallen nearly -12.92% since the year began. Nevertheless, the stocks have fallen -11.86% 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 9.70, which if violated will result in even more drops to 9.60. On the upside, there is a resistance level at 9.91. A further resistance level may holdings at 10.02.
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.
