Trading_Angels
Posted - 1 week ago
Companies that can benefit during a TRUMP presidency. $KTOS - Focuses on unmanned systems and satellite communications, well-positioned to benefit from increased defense spending. Strong investor interest with over 1 million shares traded daily. $STRL - Specializes in heavy civil construction, likely to gain from increased infrastructure spending under favorable policies. Consistent revenue growth and a solid balance sheet. $MITK - Provides crucial digital identity verification solutions, benefiting from fintech growth and heightened security needs. Profitable with strong cash reserves and growing demand. $ARCB - Offers logistics services, benefiting from domestic manufacturing and trade expansion. Strong revenue growth and expanding presence in e-commerce logistics. $MTUS- Produces high-performance steel, potentially benefiting from tariffs on imported steel. Improving margins, diverse industry exposure, and manageable debt levels.
StockConsultant
Posted - 1 week ago
$MITK Mitek Systems stock watch for a bottom breakout, nice upside price gap at https://stockconsultant.com/?MITK
Save_the_Manatee
Posted - 10/30/24
$MITK If all this is true, I am annoyed at management s response. At the very least, disclosing the offer price would immediately increase the share price. I question how much management aligns with shareholder interest and would welcome a hostile takeover attempt for no other reason than to shed light on what the company is believed to be worth.
Save_the_Manatee
Posted - 10/30/24
$MITK just found this: Mitek Systems Rejects Offer From Elliott Management, ASG Technologies Mitek Systems, the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management, the hedge fund and ASG Technologies, the software company.
Reuters, citing people familiar with the matter, reported Wednesday (October 11) that Mitek has rejected the offer because it prefers to remain independent. ...
ASG first made an offer during the summer, valuing Mitek at what Reuters said was a “significant premium,” but the offer was rejected. In a letter last week to Mitek’s board, ASG urged it to consider merger talks. The report noted the price of the offer hasn’t been learned. Reuters noted that last year ASG received an ASG is aiming to expand its offering of software products for banks via an acquisition of Mitek. It also wants to increase the development of Mitek’s technology that helps banks verify the identities of customers.
Goofynervous
Posted - 10/23/24
$INOD $AI $MITK $RXRX
SebastianPLTR
Posted - 10/23/24
$MTTR @Jaxxson I found a new short idea for you $MITK
Robere
Posted - 1 month ago
$MITK a little insider buying today code a it will bud up soon. Keep an eye on it. Have a great day everyone
Tenacious_Trader
Posted - 1 month ago
$MITK As soon as I get even I'm dumping this crap. This hasn't done anything in months, wasted time and wasted potential gains in this dead money.
philmori
Posted - 1 month ago
$MITK got in... see wind of change.
Save_the_Manatee
Posted - 1 month ago
$MITK Ed West’s career includes a variety of leadership roles across domestic and international markets. He has served as CEO, COO, and CFO in both public and private companies, from startups to Fortune 100 firms. His most recent role was CEO of Cardtronics plc (NASDAQ: CATM), where he successfully led the company’s evolution from a hardware-focused business to a comprehensive financial services provider. Under his leadership, Cardtronics achieved double-digit organic growth in the U.S. and improved EBITDA margins while also integrating technology-driven solutions to optimize ATM placements and enhance customer engagement. The company was later acquired by NCR in 2021.
West expressed his honor at joining Mitek during a pivotal period for both the company and the broader industry. He acknowledged Mitek’s strong foundation as a software provider to thousands of financial institutions and its significant potential in the rapidly growing identity security sector.
Save_the_Manatee
Posted - 1 month ago
$MITK Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture, and fraud management, has announced the appointment of Ed West as its new Chief Executive Officer and member of the Board of Directors, effective immediately. Scott Carter, who has been serving as Interim CEO since June 2024, will transition to the role of non-executive Chairman of the Board.
Scott Carter expressed his excitement over West’s appointment, highlighting that West’s experience in driving growth through innovative product development and transforming business models would be instrumental for Mitek’s future. He emphasized that West’s strong track record in fintech partnerships, integrating digital solutions, and leveraging data for operational efficiency aligns seamlessly with Mitek’s strategic goals to modernize its platform and explore new verticals. Carter expressed confidence that West is the ideal leader to guide the company in its next phase.
lobstah
Posted - 2 months ago
$MITK Part III 1-Year TSR 3-Year TSR 5-Year TSR Mitek Systems -24.89% -62.98% -14.15% Nasdaq Composite Index 22.71% 13.97% 123.50% S&P 500 Index 24.00% 27.44% 103.57% Russell 2000 Index 13.32% -2.40% 54.39% Russell 3000 Index 22.78% 21.95% 97.28% Source: Bloomberg. Total stockholder returns (“TSR”) as of 9/4/2024. We have no confidence in this Board and believe its members have done nothing to earn investors’ trust or patience. We strongly encourage all Mitek stockholders to strongly rebuke the Board’s behavior by voting AGAINST the re-election of all incumbent directors at next week’s Annual Meeting. Sincerely, Nicholas O’Sullivan Bradley Radoff Josh Schechter Hammana Partners LP
lobstah
Posted - 2 months ago
$MITK Part II The Board should bear responsibility for the significant destruction of stockholder value, poor M&A and failed tenure of former CEO Max Carnecchia. We strongly doubt that recently appointed interim CEO Scott Carter is the right person to fix the Company given that he has no observable track record of value creation, especially considering his previous role as Executive Chair of the Board during 2023, and very little skin in the game. The remainder of the Board is equally uninvested – and director Donna Wells even sold 16,839 shares as recently as June 7th – reinforcing our belief that the incumbent directors are not acting in stockholders’ best interests.
lobstah
Posted - 2 months ago
$MITK Part 1 September 5, 2024 Fellow Stockholders, Over the past 12 months, we have engaged privately and publicly with Mitek’s management and Board of Directors (the “Board”) multiple times regarding the Company’s faulty strategy, poor corporate governance, substandard investor relations and lack of capital allocation discipline. During our conversations, we have tried to guide the Board in the direction of what normal and successful governance and management should look like. We have also provided qualified director candidates and are aware that other stockholders have done the same. However, the Company has not acted to address the capital allocation, governance and operational issues we have repeatedly highlighted to the Board. In short, the entire Board has failed and needs to be replaced. We voted our shares AGAINST the incumbent directors ahead of the 2024 Annual Meeting. We encourage all stockholders to also vote AGAINST all six directors.
Thestocktraderhubzee
Posted - 2 months ago
$MITK Jefferies Downgrades Mitek Systems to Hold, Lowers Price Target to $9.5
lobstah
Posted - 2 months ago
$MITK Jefferies - "We downgrade MITK to Hold from Buy as emergent growth challenges are unlikely to dissipate anytime soon, and not having a permanent CEO adds to questions around strategy and execution," said analysts led by Surinder Thind and Colton Feldmann in a research note. "Post a weak F3Q, revenues in the Identity business are now expected to remain under pressure as a number of headwinds collectively impact results for the next few quarters. We have lowered our F2025 adj EPS estimate by 30% to $0.82," the note said.
lobstah
Posted - 2 months ago
$MITK Jefferies cuts to hold from buy; cuts PT to $9.50 from $17
HighRoller36
Posted - 3 months ago
$MITK serious fighting at 9$ lets go
StockBoyAri
Posted - 3 months ago
$MITK $9+ rebound here. I like it here.
Goofynervous
Posted - 3 months ago
$INOD $MITK $CXAI $GXAI
S104S
Posted - 3 months ago
$MITK anybody have an idea why there is so much volume now? Never seen it have this much volume this many days in a row.
Stockboa
Posted - 3 months ago
$MITK This will be back over $9 by the end of the week.
StockBoyAri
Posted - 3 months ago
$MITK a higher risk but I’m hopeful this rebounds. Just my thought.
StockBoyAri
Posted - 3 months ago
$MITK I’m in this. I like the rebound possibility here.
TheLearnerEarner
Posted - 3 months ago
$MITK added UNDERVALUED stock swing trade - technology - small cap - 4/9 F-Score - 2.7x relative volume - 6x analysts buy rating - earnings are forecast to grow 133.45% per year - trading at 66.9% below our estimate of its fair value - short to medium term gains 📈 RSI: 24.11 (oversold) 📊 Analyst Price Target: $18.20 - $24.15 (128.03% - 191.67% above Price) 🌟 Range (12m) $7.35 - $16.24 💰 NEWSDESK (article idea is for MITK only) 📰 https://investorplace.com/2024/07/alpha-picks-3-solid-stocks-with-10x-potential/
Article_AI
Posted - 3 months ago
$MITK Mitek Systems: Long-Term Growth Trends Counterbalance Short-Term Setbacks Maxim Group analyst Allen Klee has maintained their bullish stance on MITK stock, giving a Buy rating yesterday. Allen Klee’s rating is based on th... https://www.stck.pro/news/MITK/86909374/
Bullslaughterer
Posted - 3 months ago
$MITK
TravelingTraderNL
Posted - 3 months ago
$MITK 8.50
