This should be a good incentive as well as a good tell
as I have said before once a single major bank signs on all the rest will follow, they really don't have much of a choice. If they don't sign up the consumer will go elsewhere
This is going to be a video tape replay, 1 bank starts it, it is nice that it is a top 5 bank. All the major banks are familiar with Mitek because they all use their product. They all know it saves money. Here we go again!
Mitek Systems, Inc. (NASDAQ:MITK) Director John M. Thornton sold 243,663 shares of the business’s stock in a transaction dated Thursday, February 18th. The shares were sold at an average price of $5.09, for a total transaction of $1,240,244.67. Following the transaction, the director now owns 285,137 shares in the company, valued at approximately $1,451,347.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through
I agree with you 100% but there are some on this board that do not feel that way.
John M Thornton, a director of Mitek Systems, recently disposed of 42,574 shares of the company. The disposals took place at prices ranging from $5.15 to $5.18 per share, on February 18, 2016. Thornton still owns 120,000 shares of the company. Thornton operates out of San Diego, CA. Some additional info was provided as follows:
Comprised of 120,000 shares subject to restricted stock units held by the reporting person.