Mitek Systems, Inc.
US ˙ NasdaqCM ˙ US6067102003

Introduction

This page provides a comprehensive analysis of the known insider trading history of Edward H West. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Edward H West has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:MITK / Mitek Systems, Inc. Chief Executive Officer, Director 55,000
Chief Executive Officer, Director 79,316
US:GB00BY2Z0 / Cardtronics, Inc. COM Chief Financial Officer 73,875
US:EDMC / Education Management Corp. See Remarks, Director 104,395
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Edward H West. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases MITK / Mitek Systems, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MITK / Mitek Systems, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2025-02-20 MITK WEST EDWARD H 55,000 9.2074 55,000 9.2074 506,407 183 10.5500 73,843 14.58

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MITK / Mitek Systems, Inc. Insider Trades
Insider Sales MITK / Mitek Systems, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MITK / Mitek Systems, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MITK / Mitek Systems, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Edward H West as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-02-24 2025-02-20 4 MITK MITEK SYSTEMS INC
Common Sock
P - Purchase 55,000 55,000 9.21 506,407 506,407
2024-10-03 2024-10-01 4 MITK MITEK SYSTEMS INC
Common Sock
A - Award 187,427 187,427
2021-05-26 2021-05-24 4 CATM Cardtronics plc
Stock Options
M - Exercise -39,658 79,316 -33.33
2021-05-26 2021-05-24 4 CATM Cardtronics plc
Stock Options
M - Exercise -43,096 22,844 -65.36
2021-05-26 2021-05-24 4 CATM Cardtronics plc
Common Stock
F - Taxes -28,538 544,293 -4.98 38.91 -1,110,414 21,178,441
2021-05-26 2021-05-24 4 CATM Cardtronics plc
Common Stock
F - Taxes -38,454 572,831 -6.29 38.90 -1,495,861 22,283,126
2021-05-26 2021-05-24 4 CATM Cardtronics plc
Common Stock
M - Exercise 39,658 611,285 6.94
2021-05-26 2021-05-24 4 CATM Cardtronics plc
Common Stock
M - Exercise 43,096 571,627 8.15
2021-05-20 2021-05-18 4 CATM Cardtronics plc
Stock Options
M - Exercise -967 65,940 -1.45
2021-05-20 2021-05-18 4 CATM Cardtronics plc
Common Stock
S - Sale -967 528,531 -0.18 38.92 -37,636 20,570,427
2021-05-20 2021-05-18 4 CATM Cardtronics plc
Common Stock
M - Exercise 967 529,498 0.18 31.99 30,934 16,938,641
2021-05-17 2021-05-14 4 CATM Cardtronics plc
Stock Options
M - Exercise -724 66,907 -1.07
2021-05-17 2021-05-14 4 CATM Cardtronics plc
Common Stock
S - Sale -724 528,531 -0.14 38.92 -28,178 20,570,427
2021-05-17 2021-05-14 4 CATM Cardtronics plc
Common Stock
M - Exercise 724 529,255 0.14 31.99 23,161 16,930,867
2021-05-17 2021-05-13 4 CATM Cardtronics plc
Stock Options
M - Exercise -900 67,631 -1.31
2021-05-17 2021-05-13 4 CATM Cardtronics plc
Common Stock
S - Sale -900 528,531 -0.17 38.92 -35,028 20,570,427
2021-05-17 2021-05-13 4 CATM Cardtronics plc
Common Stock
M - Exercise 900 529,431 0.17 31.99 28,791 16,936,498
2021-03-18 2021-03-16 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 55,789 91,116 157.92
2021-02-02 2021-01-31 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -116,021 35,327 -76.66
2021-02-02 2021-01-31 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -76,042 151,348 -33.44
2021-02-02 2021-01-31 4 CATM Cardtronics plc
Common Stock
M - Exercise 116,021 528,531 28.13
2021-02-01 2021-01-29 4 CATM Cardtronics plc
Common Stock
F - Taxes -106,183 412,510 -20.47
2021-02-01 2021-01-29 4 CATM Cardtronics plc
Common Stock
A - Award 267,872 518,693 106.80
2020-12-17 2020-12-15 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -49,245 227,390 -17.80
2020-12-17 2020-12-15 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -31,749 276,635 -10.30
2020-12-17 2020-12-15 4 CATM Cardtronics plc
Common Stock
M - Exercise 49,245 250,821 24.43
2020-05-18 2020-05-14 4 CATM Cardtronics plc
Common Stock
P - Purchase 10,000 201,576 5.22 18.43 184,300 3,715,046
2020-04-02 2020-03-31 4 CATM Cardtronics plc
Stock Options
A - Award 118,974 118,974
2020-04-02 2020-03-31 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 38,580 308,384 14.30
2020-02-28 2020-02-26 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 160,802 269,804 147.52
2020-02-04 2020-01-31 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -43,700 109,002 -28.62
2020-02-04 2020-01-31 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -29,272 152,702 -16.09
2020-02-04 2020-01-31 4 CATM Cardtronics plc
Common Stock
M - Exercise 43,700 191,576 29.55
2019-12-17 2019-12-15 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -57,868 181,974 -24.13
2019-12-17 2019-12-15 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -38,572 239,842 -13.85
2019-12-17 2019-12-15 4 CATM Cardtronics plc
Common Stock
M - Exercise 57,868 147,876 64.29
2019-03-18 2019-03-14 4 CATM Cardtronics plc
Stock Options
A - Award 68,531 68,531
2019-03-18 2019-03-14 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 28,821 278,414 11.55
2019-02-04 2019-01-31 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -8,821 249,593 -3.41
2019-02-04 2019-01-31 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -24,119 258,414 -8.54
2019-02-04 2019-01-31 4 CATM Cardtronics plc
Common Stock
M - Exercise 24,119 90,008 36.61
2018-12-18 2018-12-15 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -9,367 282,533 -3.21
2018-12-18 2018-12-15 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -6,079 282,533 -2.11
2018-12-18 2018-12-15 4 CATM Cardtronics plc
Common Stock
M - Exercise 9,367 65,889 16.57
2018-04-04 2018-03-30 4 CATM Cardtronics plc
Stock Options
A - Award 114,544 114,544
2018-04-04 2018-03-30 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 39,220 297,979 15.16
2018-03-09 2018-03-07 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 25,095 258,759 10.74
2018-02-02 2018-01-31 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -23,104 233,664 -9.00
2018-02-02 2018-01-31 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -7,603 256,768 -2.88
2018-02-02 2018-01-31 4 CATM Cardtronics plc
Common Stock
M - Exercise 23,104 56,522 69.14
2018-01-03 2018-01-01 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 161,987 264,371 158.22
2017-12-19 2017-12-15 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -10,546 102,384 -9.34
2017-12-19 2017-12-15 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -4,901 112,930 -4.16
2017-12-19 2017-12-15 4 CATM Cardtronics plc
Common Stock
M - Exercise 10,546 33,418 46.11
2017-11-09 2017-11-07 4 CATM Cardtronics plc
Common Stock
P - Purchase 12,500 22,872 120.52 17.29 216,125 395,457
2017-04-05 2017-03-31 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 10,079 117,831 9.35
2017-03-14 2017-03-08 4 CATM Cardtronics plc
Restricted Stock Units
A - Award 49,323 107,752 84.42
2016-12-19 2016-12-15 4 CATM Cardtronics plc
Restricted Stock Units
M - Exercise -10,372 58,429 -15.08
2016-12-19 2016-12-15 4 CATM Cardtronics plc
Restricted Stock Units
F - Taxes -5,074 68,801 -6.87 53.69 -272,423 3,693,926
2016-12-19 2016-12-15 4 CATM Cardtronics plc
Common Stock
M - Exercise 10,372 10,372
2016-03-24 2016-03-22 4 CATM CARDTRONICS INC
Restricted Stock Units
A - Award 12,089 73,875 19.57
2016-01-20 3 CATM CARDTRONICS INC
Common Stock
0
2014-11-12 2014-11-10 4 EDMC EDUCATION MANAGEMENT CORPORATION
Common Stock
F - Taxes -5,098 104,395 -4.66 0.77 -3,925 80,384
2013-11-13 2013-11-08 4 EDMC EDUCATION MANAGEMENT CORPORATION
Stock Option (Right to Buy)
A - Award 251,831 251,831
2013-11-13 2013-11-08 4 EDMC EDUCATION MANAGEMENT CORPORATION
Common Stock (Restricted Stock Units)
A - Award 64,756 109,493 144.75
2012-10-04 2012-10-02 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 1,000,000 1,000,000
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 212,765 212,765
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 269,230 269,230
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 308,531 308,531
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 30,405 30,405
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 30,405 30,405
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 205,432 205,432
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 205,432 205,432
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
D - Sale to Issuer -300,000 300,000 -50.00
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
D - Sale to Issuer -350,000 350,000 -50.00
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
D - Sale to Issuer -447,370 447,370 -50.00
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
D - Sale to Issuer -45,913 45,913 -50.00
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
D - Sale to Issuer -45,913 45,913 -50.00
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
D - Sale to Issuer -306,095 306,095 -50.00
2012-09-17 2012-09-13 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
D - Sale to Issuer -306,095 306,095 -50.00
2012-08-16 2012-08-14 4 EDMC EDUCATION MANAGEMENT CORPORATION
Employee Stock Options (right to buy)
A - Award 1,000,000 1,000,000
2009-10-01 3 EDMC EDUCATION MANAGEMENT CORPORATION
Common Stock
44,737
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)