United Insurance Holdings Corp. (UIHC) Forms $19.18 Double Top; Mitek Systems Has 1.47 Sentiment

Mitek Systems, Inc. (NASDAQ:MITK) Logo

Mitek Systems Inc (MITK) investors sentiment increased to 1.47 in 2017 Q4. It’s up 0.04, from 1.43 in 2017Q3. The ratio is better, as 56 investment managers increased and started new holdings, while 38 sold and trimmed equity positions in Mitek Systems Inc. The investment managers in our database now possess: 14.76 million shares, up from 14.02 million shares in 2017Q3. Also, the number of investment managers holding Mitek Systems Inc in top ten holdings was flat from 1 to 1 for the same number . Sold All: 14 Reduced: 24 Increased: 37 New Position: 19.

United Insurance Holdings Corp. (UIHC) formed double top with $20.91 target or 9.00% above today’s $19.18 share price. United Insurance Holdings Corp. (UIHC) has $820.00M valuation. The stock decreased 1.49% or $0.29 during the last trading session, reaching $19.18. About 50,615 shares traded. United Insurance Holdings Corp. (NASDAQ:UIHC) has risen 23.54% since April 26, 2017 and is uptrending. It has outperformed by 11.99% the S&P500.

The stock increased 3.38% or $0.25 during the last trading session, reaching $7.65. About 258,429 shares traded. Mitek Systems, Inc. (MITK) has risen 16.67% since April 26, 2017 and is uptrending. It has outperformed by 5.12% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 3 sales for $960,756 activity.

P.A.W. Capital Corp holds 3.94% of its portfolio in Mitek Systems, Inc. for 350,000 shares. Archon Capital Management Llc owns 820,736 shares or 3.68% of their US portfolio. Moreover, Domini Impact Investments Llc has 3.48% invested in the company for 19,003 shares. The New York-based S Squared Technology Llc has invested 2.96% in the stock. Thomson Horstmann & Bryant Inc, a Connecticut-based fund reported 654,553 shares.

Analysts await Mitek Systems, Inc. (NASDAQ:MITK) to report earnings on May, 1 after the close. They expect $-0.02 earnings per share, down 150.00% or $0.06 from last year’s $0.04 per share. After $-0.01 actual earnings per share reported by Mitek Systems, Inc. for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.

Mitek Systems, Inc. develops, markets, and sells mobile capture and identity verification software solutions for enterprise clients worldwide. The company has market cap of $267.01 million. The firm applies its patented technology in image capture, correction, and intelligent data extraction in the mobile financial and business services markets. It has a 30.36 P/E ratio. The Company’s technology allows users to remotely deposit checks, open accounts, get insurance quotes, and pay bills, as well as verify their identity by taking pictures of various documents with their camera-equipped smartphones and tablets instead of using the device keyboard.

Analysts await United Insurance Holdings Corp. (NASDAQ:UIHC) to report earnings on May, 8. They expect $0.44 EPS, up 144.44% or $0.26 from last year’s $0.18 per share. UIHC’s profit will be $18.81M for 10.90 P/E if the $0.44 EPS becomes a reality. After $0.77 actual EPS reported by United Insurance Holdings Corp. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.

Since December 15, 2017, it had 2 insider buys, and 0 selling transactions for $41,661 activity. Maroney Patrick also bought $16,596 worth of United Insurance Holdings Corp. (NASDAQ:UIHC) on Friday, December 15. Shares for $25,065 were bought by POITEVINT ALEC II.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.18, from 1.25 in 2017Q3. It dived, as 11 investors sold United Insurance Holdings Corp. shares while 33 reduced holdings. 12 funds opened positions while 35 raised stakes. 13.51 million shares or 2.54% more from 13.17 million shares in 2017Q3 were reported. Blackrock Incorporated owns 0% invested in United Insurance Holdings Corp. (NASDAQ:UIHC) for 2.68 million shares. Citigroup Incorporated has 0% invested in United Insurance Holdings Corp. (NASDAQ:UIHC) for 4,862 shares. Bnp Paribas Arbitrage invested in 8,409 shares. Riverhead Management Ltd Liability invested 0% in United Insurance Holdings Corp. (NASDAQ:UIHC). Swiss Bancorp holds 0% in United Insurance Holdings Corp. (NASDAQ:UIHC) or 42,900 shares. One Trading L P reported 4,207 shares or 0% of all its holdings. Moreover, Thrivent Fin For Lutherans has 0% invested in United Insurance Holdings Corp. (NASDAQ:UIHC) for 12,772 shares. Indexiq Advsr Ltd Liability invested in 0.06% or 88,316 shares. Philadelphia Financial Of San Francisco Lc accumulated 1.23 million shares. Vanguard Grp Incorporated stated it has 0% in United Insurance Holdings Corp. (NASDAQ:UIHC). Moreover, Dimensional Fund Advisors Lp has 0.01% invested in United Insurance Holdings Corp. (NASDAQ:UIHC). Pitcairn holds 0.03% or 18,639 shares in its portfolio. Foundry Ptnrs Ltd Com reported 328,255 shares. Polaris Mgmt Limited Liability Corporation invested in 2.63% or 254,955 shares. 63,665 are held by Inv Mngmt Of Virginia Lc.

Mitek Systems, Inc. (NASDAQ:MITK) Institutional Positions Chart