Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Mitek Systems Inc shares valued at $170,294 were purchased by MICHAEL E DIAMOND on Dec 16 ’25. At $9.65 per share, MICHAEL E DIAMOND acquired 17,647 shares.
Also, Diamond Michael E sold 70,352 shares, netting a total of over 687,473 in proceeds. Following the sale of shares at $9.77 each, the insider now holds 233,340 shares.
Before that, CHRISTOPHER H BRIGGS had added 26,023 shares to its account. In a trade valued at $253,087, the SVP Identity bought Mitek Systems Inc shares for $9.73 each.
As published in a research note from Jefferies on September 04, 2024, Mitek Systems Inc [MITK] has been rated down from a Buy to a Hold and the price target has been revised to $9.50 from $17. Analysts at Craig Hallum started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December.
Analyzing MITK Stock Performance
On last trading session, Mitek Systems Inc [NASDAQ: MITK] rose 1.39% to $10.24. The stock’s lowest price that day was $9.95, but it reached a high of $10.285 in the same session. During the last five days, there has been a surge of approximately 10.94%. Over the course of the year, Mitek Systems Inc shares have jumped approximately 16.63%. Shares of the company reached a 52-week high of $11.39 on 05/09/25 and a 52-week low of $6.93 on 04/09/25.
Support And Resistance Levels for Mitek Systems Inc (MITK)
According to the 24-hour chart, there is a support level at 10.03, which, if violated, would cause prices to drop to 9.82. In the upper region, resistance lies at 10.37. The next price resistance is at 10.49. RSI (Relative Strength Index) is 67.91 on the 14-day chart, showing neutral technical sentiment.
Is Mitek Systems Inc subject to short interest?
Stocks of Mitek Systems Inc saw a sharp rise in short interest on 2025-11-28 jumping by 0.27 million shares to 2.38 million. Data from Yahoo Finance shows that the short interest on 2025-10-31 was 2.11 million shares. A jump of 11.18% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.64 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.64.
Which companies own the most shares of Mitek Systems Inc (MITK)?
In terms of Mitek Systems Inc share price expectations, FactSet research, analysts set an average price target of 13 in the next 12 months, up nearly 28.71% from the previous closing price of $10.1. Analysts anticipate Mitek Systems Inc stock to reach 15 by 2025, with the lowest price target being 9.5. In spite of this, 1 analysts ranked Mitek Systems Inc stock as Buy at the end of 2025. On August 12, 2021, H.C. Wainwright assigned a price target of “a Buy” to the stock and initiated coverage with a $27.
