A Director at Mitek Systems Inc is Exercising Options


Today, a Director at Mitek Systems Inc, Bruce Edward Hansen, exercised options of Mitek Systems Inc (NASDAQ: MITK) for $349.2K.

In addition to Bruce Edward Hansen, 2 other MITK executives reported Sell trades in the last month.

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Based on Mitek Systems Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $14.28 million and GAAP net loss of $1.16 million. In comparison, last year the company earned revenue of $11.42 million and had a net profit of $1.22 million. MITK’s market cap is $312M and the company has a P/E ratio of 52.35. Currently, Mitek Systems Inc has an average volume of 165K.

The insider sentiment on Mitek Systems Inc has been negative according to 36 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Mitek Systems, Inc. engages in the the development, sale, and service of its proprietary software solutions related to mobile image capture and identity verification. The firm is a mobile imaging software solutions provider that allows users to remotely deposit checks, pay their bills, get insurance quotes, and transfer credit card.

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