As Mitek Systems (MITK) Stock Rose, Shareholder S Squared Technology Lowered Position; Passport Capital Increases Stake in Amazon Com (AMZN)

November 14, 2017 - By Marie Mckinney

John Burbank increased its stake in Amazon Com Inc (AMZN) by 939.95% based on its latest 2017Q2 regulatory filing with the SEC. Passport Capital Llc bought 11,035 shares as the company’s stock rose 13.58% with the market. The hedge fund run by John Burbank held 12,209 shares of the consumer services company at the end of 2017Q2, valued at $11.82M, up from 1,174 at the end of the previous reported quarter. Passport Capital Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $542.80 billion market cap company. The stock declined 0.24% or $2.73 reaching $1126.44 on the news. About 381,877 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since November 14, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

S Squared Technology Llc decreased its stake in Mitek Systems Inc. (MITK) by 10.74% based on its latest 2017Q2 regulatory filing with the SEC. S Squared Technology Llc sold 45,000 shares as the company’s stock rose 40.98% with the market. The hedge fund held 373,918 shares of the technology company at the end of 2017Q2, valued at $3.14M, down from 418,918 at the end of the previous reported quarter. S Squared Technology Llc who had been investing in Mitek Systems Inc. for a number of months, seems to be less bullish one the $301.43M market cap company. The stock declined 0.28% or $0.02 reaching $8.98 per share. About 34,937 shares traded. Mitek Systems, Inc. (NASDAQ:MITK) has declined 2.93% since November 14, 2016 and is downtrending. It has underperformed by 19.63% the S&P500.




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

S Squared Technology Llc, which manages about $136.14M and $116.95M US Long portfolio, upped its stake in Nv5 Holdings (NASDAQ:NVEE) by 8,667 shares to 57,165 shares, valued at $2.43 million in 2017Q2, according to the filing.

Investors sentiment increased to 1.97 in 2017 Q2. Its up 0.87, from 1.1 in 2017Q1. It is positive, as 11 investors sold MITK shares while 19 reduced holdings. 25 funds opened positions while 34 raised stakes. 13.61 million shares or 8.72% more from 12.52 million shares in 2017Q1 were reported. Geode Ltd Liability owns 262,157 shares. National Bank Of Ny Mellon Corp holds 0% or 102,100 shares. 18,200 are held by Thompson Davis. Moreover, Paw has 2.11% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 250,000 shares. Renaissance Limited Liability Corporation invested in 54,110 shares or 0.02% of the stock. Moreover, Deutsche National Bank Ag has 0% invested in Mitek Systems, Inc. (NASDAQ:MITK). 15,400 are held by Invesco. Driehaus Capital Llc owns 0.02% invested in Mitek Systems, Inc. (NASDAQ:MITK) for 66,714 shares. Fuller And Thaler Asset Management has 298,422 shares. 3,312 were reported by Grp Inc One Trading L P. Royal Bank Of Canada accumulated 301,459 shares. Friess Associates Lc has invested 0.17% in Mitek Systems, Inc. (NASDAQ:MITK). Pnc Services has invested 0% in Mitek Systems, Inc. (NASDAQ:MITK). Voya Mgmt Limited Company accumulated 17,451 shares or 0% of the stock. The New York-based D E Shaw And Inc has invested 0% in Mitek Systems, Inc. (NASDAQ:MITK).

More news for Mitek Systems, Inc. (NASDAQ:MITK) were recently published by: Globenewswire.com, which released: “Mitek Board Member, Kenneth Denman Named One of 2017’s “Most Influential Black …” on October 31, 2017. Seekingalpha.com‘s article titled: “Mitek Systems’ (MITK) CEO James DeBello on Fiscal Q4 2017 Results – Earnings …” and published on November 08, 2017 is yet another important article.

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 by Northland Capital given on Monday, January 25. The stock of Mitek Systems, Inc. (NASDAQ:MITK) has “Buy” rating given on Friday, June 9 by Roth Capital. As per Friday, January 8, the company rating was initiated by Benchmark. The firm has “Buy” rating given on Thursday, November 2 by Roth Capital. The stock of Mitek Systems, Inc. (NASDAQ:MITK) earned “Buy” rating by Northland Capital on Wednesday, October 4. The rating was maintained by Benchmark with “Buy” on Wednesday, March 23. Roth Capital maintained Mitek Systems, Inc. (NASDAQ:MITK) rating on Friday, July 28. Roth Capital has “Buy” rating and $12.2500 target. Roth Capital maintained the stock with “Buy” rating in Wednesday, July 19 report. The stock of Mitek Systems, Inc. (NASDAQ:MITK) has “Buy” rating given on Wednesday, August 30 by Northland Capital. As per Tuesday, July 25, the company rating was maintained by Northland Capital.

Investors sentiment decreased to 1.36 in Q2 2017. Its down 0.34, from 1.7 in 2017Q1. It is negative, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. St Johns Mgmt Co Ltd Liability holds 0.74% or 1,019 shares in its portfolio. North Star Asset Mngmt has invested 0.05% in Amazon.com, Inc. (NASDAQ:AMZN). 16,305 were reported by Virtus Advisers. Majedie Asset Mngmt holds 0.05% or 580 shares in its portfolio. Aberdeen Asset Mngmt Public Ltd Company Uk invested in 0.56% or 174,633 shares. 11,365 are owned by Bridgecreek Inv Management Ltd Com. Vident Investment Advisory Limited Liability Company has invested 0.12% in Amazon.com, Inc. (NASDAQ:AMZN). Fil Limited invested in 0.22% or 77,753 shares. M&R Cap Management Incorporated reported 2,368 shares. Thornburg invested in 0.12% or 16,910 shares. Confluence Wealth Mgmt Llc owns 268 shares. Scholtz Company Ltd Company stated it has 3.61% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Wealth Architects Lc holds 1.25% or 3,460 shares in its portfolio. Fdx Advisors holds 0.26% or 9,161 shares in its portfolio. Icon Advisers Co stated it has 2,070 shares or 0.14% of all its holdings.

Passport Capital Llc, which manages about $4.54 billion and $749.60 million US Long portfolio, decreased its stake in Affiliated Managers Group (NYSE:AMG) by 18,282 shares to 32,183 shares, valued at $5.34 million in 2017Q2, according to the filing. It also reduced its holding in Wingstop Inc by 766,500 shares in the quarter, leaving it with 612,900 shares, and cut its stake in Salesforce Com Inc (NYSE:CRM).

Among 48 analysts covering Amazon.com (NASDAQ:AMZN), 45 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 232 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, February 3 by RBC Capital Markets. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, June 21. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Overweight” rating by JP Morgan on Friday, October 23. Benchmark maintained the shares of AMZN in report on Friday, October 23 with “Buy” rating. As per Thursday, August 27, the company rating was upgraded by Raymond James. Stifel Nicolaus maintained it with “Buy” rating and $912 target in Friday, February 3 report. The firm earned “Buy” rating on Wednesday, September 27 by Needham. The rating was maintained by Piper Jaffray with “Buy” on Monday, June 12. The firm has “Outperform” rating by William Blair given on Friday, June 10. The firm has “Buy” rating by Wells Fargo given on Friday, October 27.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Valuewalk.com which released: “Amazon.com, Inc. Sells Some Cloud Assets In China To Comply With Local Laws” on November 14, 2017, also Finance.Yahoo.com with their article: “Where to Buy Amazon.com, Inc. After Huge Earnings Breakout” published on November 06, 2017, Investorplace.com published: “Why Amazon.com, Inc. May Have Jumped the Shark With Pop-Ups” on November 13, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon selling Chinese cloud business” published on November 14, 2017 as well as Fool.com‘s news article titled: “Why Amazon.com, Inc. Stock Rose 15% in October” with publication date: November 06, 2017.

Since May 15, 2017, it had 0 insider purchases, and 3 selling transactions for $7.38 million activity. 2,333 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $2.24M were sold by Zapolsky David. ALBERG TOM A sold $800,000 worth of stock. Another trade for 544 shares valued at $521,627 was made by Reynolds Shelley on Monday, May 15. The insider Olsavsky Brian T sold 2,333 shares worth $2.24 million. The insider Blackburn Jeffrey M sold 2,078 shares worth $1.99M. Shares for $1.90 million were sold by Jassy Andrew R.

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