Aware (NASDAQ:AWRE) CEO Buys $11,870.80 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 10,060 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was bought at an average price of $1.18 per share, for a total transaction of $11,870.80. Following the completion of the acquisition, the chief executive officer owned 938,734 shares in the company, valued at approximately $1,107,706.12. The trade was a 1.08% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Aware Stock Performance

Shares of NASDAQ AWRE traded up $0.07 during trading on Tuesday, reaching $1.28. The stock had a trading volume of 34,763 shares, compared to its average volume of 43,939. The business’s 50-day moving average price is $1.33 and its 200-day moving average price is $1.43. Aware, Inc. has a fifty-two week low of $1.02 and a fifty-two week high of $2.95. The company has a market cap of $27.71 million, a P/E ratio of -3.20 and a beta of 1.01.

Aware (NASDAQ:AWRE) last issued its quarterly earnings results on Wednesday, July 29th. The software maker reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). The business had revenue of $3.25 million for the quarter, compared to analysts’ expectations of $3.70 million. Aware had a negative return on equity of 33.56% and a negative net margin of 51.92%.

Institutional Investors Weigh In On Aware

A number of large investors have recently modified their holdings of AWRE. CIBC Bancorp USA Inc. acquired a new stake in shares of Aware in the 3rd quarter valued at $193,000. XTX Topco Ltd acquired a new position in shares of Aware during the fourth quarter worth $30,000. Goldman Sachs Group Inc. grew its stake in shares of Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after purchasing an additional 14,436 shares in the last quarter. Vanguard Group Inc. increased its holdings in Aware by 1.6% in the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after buying an additional 13,070 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Aware by 1.6% in the first quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock valued at $820,000 after buying an additional 10,139 shares during the last quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aware in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

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.