Aware (NASDAQ:AWRE) CEO Ajay Amlani Purchases 23,690 Shares of Company Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 23,690 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were purchased at an average cost of $0.94 per share, with a total value of $22,268.60. Following the completion of the purchase, the chief executive officer directly owned 996,909 shares in the company, valued at approximately $937,094.46. This represents a 2.43% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Aware Price Performance

Shares of Aware stock opened at $0.91 on Wednesday. The firm has a market cap of $19.90 million, a price-to-earnings ratio of -2.33 and a beta of 1.16. The stock has a 50-day simple moving average of $1.08 and a 200-day simple moving average of $1.32. Aware, Inc. has a 52-week low of $0.82 and a 52-week high of $2.57.

Aware (NASDAQ:AWRE) last released its quarterly earnings data on Wednesday, October 28th. The software maker reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.06. The firm had revenue of $4.42 million for the quarter, compared to the consensus estimate of $3.70 million. Aware had a negative return on equity of 36.87% and a negative net margin of 52.60%.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Aware presently has an average rating of “Sell”.

Institutional Trading of Aware

An institutional investor recently raised its position in Aware stock. Renaissance Technologies LLC increased its stake in shares of Aware, Inc. (NASDAQ:AWRE) by 1.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 655,712 shares of the software maker’s stock after acquiring an additional 10,139 shares during the period. Renaissance Technologies LLC owned 3.03% of Aware worth $820,000 as of its most recent filing with the SEC. Institutional investors own 24.39% of the company’s stock.

Aware Company Profile

Aware, Inc (NASDAQ: AWRE) develops biometric software and identity-management solutions for government and commercial organizations. Its technology supports the collection, processing, storage, matching and management of biometric data, including fingerprints, facial images and iris images.

The company’s product portfolio includes automated biometric identification systems, biometric data-management platforms, software development kits and mobile enrollment and authentication tools. These solutions are designed for applications such as civil identity programs, border management, law enforcement, defense, public safety and secure digital authentication.

Aware serves customers in the United States and international markets, working with government agencies, systems integrators and other organizations that require identity verification and biometric processing capabilities.