White Pine Capital Has Lowered Its Mitek Systems (MITK) Stake; The Swatch Group AG (SWGAY) Covered By 1 Bulls

January 13, 2018 - By Marie Mckinney

White Pine Capital Llc decreased Mitek Systems Inc (MITK) stake by 21.52% reported in 2017Q3 SEC filing. White Pine Capital Llc sold 65,035 shares as Mitek Systems Inc (MITK)’s stock rose 40.98%. The White Pine Capital Llc holds 237,116 shares with $2.25M value, down from 302,151 last quarter. Mitek Systems Inc now has $326.88M valuation. The stock increased 2.73% or $0.25 during the last trading session, reaching $9.4. About 327,957 shares traded. Mitek Systems, Inc. (NASDAQ:MITK) has declined 2.93% since January 13, 2017 and is downtrending. It has underperformed by 19.63% the S&P500.

Among 4 analysts covering Swatch (OTCMKTS:SWGAY), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Swatch had 4 analyst reports since October 28, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, January 25 by Deutsche Bank. BNP Paribas downgraded the stock to “Neutral” rating in Wednesday, October 28 report. The firm has “Hold” rating by Societe Generale given on Friday, December 11. The firm earned “Neutral” rating on Tuesday, November 24 by Nomura. See The Swatch Group AG (OTCMKTS:SWGAY) latest ratings:

Since December 11, 2017, it had 0 buys, and 2 sales for $870,936 activity. $445,806 worth of Mitek Systems, Inc. (NASDAQ:MITK) was sold by DEBELLO JAMES B.

Among 4 analysts covering Mitek Systems (NASDAQ:MITK), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Mitek Systems had 11 analyst reports since January 8, 2016 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, January 25 by Northland Capital. The stock has “Buy” rating by Roth Capital on Wednesday, July 19. Northland Capital maintained Mitek Systems, Inc. (NASDAQ:MITK) on Wednesday, August 30 with “Buy” rating. The stock of Mitek Systems, Inc. (NASDAQ:MITK) has “Buy” rating given on Wednesday, March 23 by Benchmark. Northland Capital maintained the stock with “Buy” rating in Wednesday, October 4 report. Benchmark initiated it with “Buy” rating and $6.5 target in Friday, January 8 report. Roth Capital maintained the stock with “Buy” rating in Friday, July 28 report. The rating was maintained by Northland Capital with “Buy” on Tuesday, July 25. The firm has “Buy” rating given on Friday, June 9 by Roth Capital. Roth Capital maintained it with “Buy” rating and $11.75 target in Thursday, November 2 report.

White Pine Capital Llc increased Vanguard Ftse Emerging Markets Etf (VWO) stake by 625 shares to 17,609 valued at $767.24M in 2017Q3. It also upped Neophotonics Corp (NYSE:NPTN) stake by 90,610 shares and now owns 247,135 shares. Eaton Vance Senior Floating (EFR) was raised too.

Analysts await Mitek Systems, Inc. (NASDAQ:MITK) to report earnings on February, 1. After $0.07 actual EPS reported by Mitek Systems, Inc. for the previous quarter, Wall Street now forecasts -142.86% negative EPS growth.

Investors sentiment decreased to 1.43 in Q3 2017. Its down 0.54, from 1.97 in 2017Q2. It dived, as 10 investors sold MITK shares while 27 reduced holdings. 25 funds opened positions while 28 raised stakes. 14.02 million shares or 2.95% more from 13.61 million shares in 2017Q2 were reported. Virtu Ltd Company reported 0% of its portfolio in Mitek Systems, Inc. (NASDAQ:MITK). Bnp Paribas Arbitrage reported 2,968 shares stake. Teachers Insur Annuity Association Of America reported 0.03% of its portfolio in Mitek Systems, Inc. (NASDAQ:MITK). Geode Mgmt Lc invested in 264,378 shares or 0% of the stock. Barclays Public Limited Com holds 24,997 shares or 0% of its portfolio. Eqis Mngmt holds 0.01% or 23,411 shares in its portfolio. 329,552 are held by Royal Bankshares Of Canada. Essex Investment Mgmt Ltd Co reported 0.47% of its portfolio in Mitek Systems, Inc. (NASDAQ:MITK). S Squared Tech Ltd Limited Liability Company holds 1.99% or 247,483 shares in its portfolio. Paloma Partners holds 0% in Mitek Systems, Inc. (NASDAQ:MITK) or 13,945 shares. Tower Lc (Trc) owns 5,014 shares. Meeder Asset Mngmt reported 683 shares. D E Shaw & Communication stated it has 0% of its portfolio in Mitek Systems, Inc. (NASDAQ:MITK). Guggenheim Capital Ltd Liability Corporation holds 0% or 10,911 shares in its portfolio. Paw has invested 2.49% in Mitek Systems, Inc. (NASDAQ:MITK).

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