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Mitek stock plummets as CTO quits, patent claims dismissed

Shares in San Diego’s Mitek Systems plunged to their lowest point in two years on Monday after the company’s chief technology officer abruptly left the firm and reports circulated about a major setback in a patent lawsuit.

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Mitek Systems Inc.

Company Website

8911 Balboa Ave. Ste., B
San Diego, CA 92123

Company Trade Data

Stock Symbol Close
Change
Chg %Chg
Volume
52-Week
High Low
MITK
2.90
  0.15  
+ 5.45%
188,745,000
7.11
1.80

Insider Trade Data

Date Insider Shares Type Value
07/29/2005 TUDOR, WILLIAM PAUL 25,000 Purchase $15,000
11/28/2003 Steimle, Daniel E 10,000 Exchange $9,200
07/29/2005 TUDOR, WILLIAM PAUL 25,000 Purchase $15,000
11/28/2003 Steimle, Daniel E 10,000 Exchange $9,200
07/29/2005 TUDOR, WILLIAM PAUL 25,000 Purchase $15,000

Mitek Systems Inc. Executive(s):

Jim DeBello

  • President, Chief Executive Officer

Russell Clark

  • Chief Financial Officer

Related Videos

Interview with Jim DeBello of Mitek Systems

June 30, 2011 -- Executive Editor George Chamberlin speaks with Jim DeBello, CEO of Mitek Systems (OBB: MITK), about Miteks' mobile deposit technology and plans for growth.

Similar Companies

NAICS - 541512 - Computer Systems Design Services
SIC - 7373 - COMPUTER INTEGRATED SYSTEMS DESIGN
SIC - 7379 - COMPUTER RELATED SERVICES, NOT ELSEWHERE CLASSIFIED

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2013

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