Aware (NASDAQ:AWRE) Stock: Insider Ajay Amlani Purchases 13,511 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 13,511 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were acquired at an average cost of $0.97 per share, with a total value of $13,105.67. Following the transaction, the chief executive officer owned 1,031,420 shares in the company, valued at approximately $1,000,477.40. The trade was a 1.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Aware Trading Down 4.0%

AWRE traded down $0.04 on Thursday, hitting $0.97. 72,550 shares of the company’s stock were exchanged, compared to its average volume of 41,639. The firm has a market cap of $21.21 million, a PE ratio of -2.49 and a beta of 1.16. Aware, Inc. has a twelve month low of $0.82 and a twelve month high of $2.57. The stock has a fifty day moving average of $1.08 and a two-hundred day moving average of $1.32.

Aware (NASDAQ:AWRE) last issued its earnings results on Wednesday, October 28th. The software maker reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.06. The company had revenue of $4.42 million during 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%.

Analysts Set New Price Targets

Separately, Weiss Ratings cut Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Aware presently has a consensus rating of “Sell”.

Institutional Trading of Aware

An institutional investor recently raised its stake in Aware stock. Renaissance Technologies LLC boosted its position in shares of Aware, Inc. (NASDAQ:AWRE) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 655,712 shares of the software maker’s stock after buying an additional 10,139 shares during the quarter. Renaissance Technologies LLC owned 3.03% of Aware worth $820,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.