Aware (NASDAQ:AWRE) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Aware, Inc. (NASDAQ:AWRE)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.50 and traded as low as $1.11. Aware shares last traded at $1.11, with a volume of 35,573 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aware in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Aware Stock Performance

The company’s fifty day moving average price is $1.36 and its two-hundred day moving average price is $1.50. The firm has a market capitalization of $24.03 million, a PE ratio of -3.08 and a beta of 1.01.

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

Insider Transactions at Aware

In other Aware news, Director John S. Stafford III purchased 57,937 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of $1.25 per share, for a total transaction of $72,421.25. Following the completion of the acquisition, the director owned 5,221,954 shares of the company’s stock, valued at approximately $6,527,442.50. This represents a 1.12% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have purchased 170,076 shares of company stock worth $212,569. 34.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. XTX Topco Ltd acquired a new position in Aware during the 4th quarter worth approximately $30,000. Goldman Sachs Group Inc. boosted its position in Aware by 71.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after buying an additional 14,436 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Aware during the third quarter worth about $193,000. CIBC Private Wealth Group LLC boosted its holdings in Aware by 14.3% in the third quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Aware by 1.6% during the 1st quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock worth $820,000 after purchasing an additional 10,139 shares during the last quarter. Institutional investors and hedge funds own 24.39% of the company’s stock.

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.