Disposition of 1861 shares by Michael Diamond of Mitek Systems at 9.09 subject to Rule 16b-3

MITK Stock  USD 9.14  0.09  0.98%   
About 68% of Mitek Systems' investor base is looking to short. The analysis of the overall prospects from investing in Mitek Systems suggests that many traders are, at the present time, alarmed. Mitek Systems' investing sentiment shows overall attitude of investors towards Mitek Systems.
  
Filed transaction by Mitek Systems Other: General Manager. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

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Disposition of 1861 common stock at 9.09 of Mitek Systems by Michael Diamond on 3rd of December 2024. This event was filed by Mitek Systems with SEC on 2024-12-03. Statement of changes in beneficial ownership - SEC Form 4

Mitek Systems Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Mitek Systems can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Mitek Systems Fundamental Analysis

We analyze Mitek Systems' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitek Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitek Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Total Debt

Total Debt Comparative Analysis

Mitek Systems is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Mitek Systems Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mitek Systems stock to make a market-neutral strategy. Peer analysis of Mitek Systems could also be used in its relative valuation, which is a method of valuing Mitek Systems by comparing valuation metrics with similar companies.

Peers

Mitek Systems Related Equities

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PAYCPaycom Soft   1.95   
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MANHManhattan Associates   1.25   
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TYLTyler Technologies   1.17   
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13.0%
DSGXDescartes Systems   1.12   
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OTEXOpen Text   0.26   
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2.0%
OPFIOppFi   0.15   
1.0%
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ENFNEnfusion   0.75   
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LSPDLightspeed Commerce   0.77   
8.0%
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MLNKMeridianlink   0.87   
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RSKDRiskified   1.95   
22.0%
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DOMODomo   2.91   
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PETWag Group   8.70   
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When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out Mitek Systems Hype Analysis, Mitek Systems Correlation and Mitek Systems Performance.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.14)
Revenue Per Share
3.59
Quarterly Revenue Growth
0.044
Return On Assets
(0.01)
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.