Mitek Systems, Inc. $MITK Holdings Reduced by Thompson Siegel & Walmsley LLC

Posted by Stanley Muller on Jun 3rd, 2026

Thompson Siegel & Walmsley LLC decreased its position in Mitek Systems, Inc. (NASDAQ:MITK – Free Report) by 84.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 85,472 shares of the software maker’s stock after selling 464,969 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Mitek Systems were worth $902,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its holdings in shares of Mitek Systems by 320.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,018 shares of the software maker’s stock valued at $60,000 after acquiring an additional 4,586 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Mitek Systems by 305.2% in the fourth quarter. State of Alaska Department of Revenue now owns 8,075 shares of the software maker’s stock valued at $85,000 after acquiring an additional 6,082 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Mitek Systems by 4,147.9% in the third quarter. Russell Investments Group Ltd. now owns 9,940 shares of the software maker’s stock valued at $97,000 after acquiring an additional 9,706 shares in the last quarter. AlphaQuest LLC bought a new position in shares of Mitek Systems in the third quarter valued at approximately $130,000. Finally, Bayesian Capital Management LP bought a new position in shares of Mitek Systems in the second quarter valued at approximately $136,000. Institutional investors own 83.64% of the company’s stock.

Insider Buying and Selling

In related news, COO Garrett Gafke sold 21,108 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $14.19, for a total transaction of $299,522.52. Following the completion of the sale, the chief operating officer directly owned 244,279 shares of the company’s stock, valued at $3,466,319.01. This represents a 7.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

MITK has been the subject of several recent analyst reports. Jefferies Financial Group upgraded shares of Mitek Systems from a “hold” rating to a “buy” rating and increased their price objective for the company from $11.00 to $15.00 in a report on Friday, February 13th. Wall Street Zen cut shares of Mitek Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Zacks Research cut shares of Mitek Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Northland Securities set a $17.00 price objective on shares of Mitek Systems in a report on Wednesday, April 15th. Finally, Weiss Ratings upgraded shares of Mitek Systems from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $16.00.

Read Our Latest Report on Mitek Systems

Mitek Systems Stock Down 1.7%

MITK stock opened at $17.57 on Wednesday. Mitek Systems, Inc. has a 12 month low of $8.53 and a 12 month high of $17.97. The firm has a market cap of $793.46 million, a PE ratio of 50.20 and a beta of 1.02. The firm has a 50 day simple moving average of $14.64 and a 200 day simple moving average of $12.34. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.61 and a quick ratio of 2.61.

Mitek Systems (NASDAQ:MITK – Get Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $0.38 EPS for the quarter, beating the consensus estimate of $0.26 by $0.12. Mitek Systems had a net margin of 8.74% and a return on equity of 16.74%. The business had revenue of $54.84 million during the quarter, compared to analyst estimates of $52.59 million. Equities research analysts forecast that Mitek Systems, Inc. will post 0.86 earnings per share for the current fiscal year.

Mitek Systems Profile

(Free Report)

Mitek Systems, Inc (NASDAQ: MITK) is a software company specializing in mobile capture and digital identity verification solutions. Headquartered in San Diego, California, Mitek develops and licenses patented technology that enables organizations to securely capture, authenticate and process identity documents, checks and other physical media using smartphones and other digital devices. Its platforms leverage advanced image processing, machine learning and biometrics to streamline customer onboarding and prevent fraud in real time.

The company’s core offerings include mobile check deposit and deposit automation tools for financial institutions, as well as identity verification and authentication services for banks, fintechs, insurers and government agencies.