Aware (NASDAQ:AWRE) CEO Ajay Amlani Purchases 10,140 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 10,140 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average price of $1.25 per share, with a total value of $12,675.00. Following the acquisition, the chief executive officer owned 903,248 shares of the company’s stock, valued at approximately $1,129,060. This trade represents a 1.14% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Aware Price Performance

Shares of Aware stock opened at $1.27 on Tuesday. The firm has a market cap of $27.47 million, a price-to-earnings ratio of -3.53 and a beta of 0.89. The business has a fifty day simple moving average of $1.29 and a 200-day simple moving average of $1.75. Aware, Inc. has a fifty-two week low of $1.02 and a fifty-two week high of $2.95.

Aware (NASDAQ:AWRE) last announced its earnings results on Wednesday, April 29th. The software maker reported ($0.16) EPS for the quarter. Aware had a negative net margin of 45.31% and a negative return on equity of 29.66%. The company had revenue of $3.39 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Key Aware News

Here are the key news stories impacting Aware this week:

• Positive Sentiment: CEO Ajay K. Amlani bought 10,140 shares at $1.25 and then added another 734 shares at $1.21, increasing his ownership and signaling continued confidence in Aware’s prospects. SEC filing
• Neutral Sentiment: The company’s shares have been trading near the low end of their recent range, and the stock is still well below its 200-day average, which suggests investors remain cautious despite the insider buying.
• Negative Sentiment: Aware’s recent earnings showed a loss and weak profitability, with negative EPS, revenue of $3.39 million, and negative margins, which may continue to weigh on the stock’s valuation.

Institutional Investors Weigh In On Aware

Several hedge funds have recently bought and sold shares of AWRE. CIBC Bancorp USA Inc. purchased a new stake in Aware in the 3rd quarter worth about $193,000. Pekin Hardy Strauss Inc. purchased a new stake in Aware in the 3rd quarter worth about $42,000. XTX Topco Ltd purchased a new stake in Aware in the 4th quarter worth about $30,000. Goldman Sachs Group Inc. lifted its stake in Aware by 71.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after acquiring an additional 14,436 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Aware by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after acquiring an additional 13,070 shares in the last quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

Aware Company Profile

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.