SCHEDULE: Legal & General Group Discloses Significant Passive Stake in Mitek Systems
Beneficial Ownership Report
Legal & General Group Plc and its affiliates have disclosed a collective beneficial ownership of up to 6.7% of Mitek Systems, Inc.'s common stock as of December 31, 2023, through an Amendment No. 1 to a Schedule 13G filing.
Summary
- Legal & General Group Plc reported beneficial ownership of 3,045,287 shares of Mitek Systems, Inc. common stock, representing 6.68% of the class, as of December 31, 2023.
- Legal & General Investment Management Ltd disclosed beneficial ownership of 3,040,568 shares, equating to 6.7% of the class, with shared voting power over 3,029,891 shares.
- LGIM Managers (Europe) Limited and Legal & General UCITS ETF Plc each reported beneficial ownership of 3,006,589 shares, representing 6.59% and 6.6% of the class respectively, with shared voting and dispositive power over these shares.
- Legal & General Investment Management America Inc. held a smaller beneficial ownership of 4,719 shares, representing 0.01% of the class, with shared dispositive power.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to previously reported beneficial ownership by these entities.
- The reporting persons are primarily investment managers and an insurance company, indicating a passive investment purpose.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 12/31/2023 | Date of event which requires filing of this statement. |
| 07/02/2025 | Signature date for the filing by Mary Ann Colledge, Head of Conduct Advisory for all reporting entities. |
Keywords
Mitek Systems, Legal & General Group, Beneficial Ownership, Schedule 13G, SEC Filing, Common Stock, Institutional Investor, Investment Management
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