Ajay Amlani Purchases 9,826 Shares of Aware (NASDAQ:AWRE) Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 9,826 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were purchased at an average cost of $1.42 per share, for a total transaction of $13,952.92. Following the completion of the acquisition, the chief executive officer owned 923,837 shares of the company’s stock, valued at $1,311,848.54. This trade represents a 1.08% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Aware Stock Up 12.7%

NASDAQ:AWRE opened at $1.60 on Thursday. The business’s 50-day moving average price is $1.33 and its 200 day moving average price is $1.61. The firm has a market cap of $34.64 million, a P/E ratio of -4.44 and a beta of 0.99. Aware, Inc. has a 52-week low of $1.02 and a 52-week high of $2.95.

Aware (NASDAQ:AWRE) last released its earnings results on Wednesday, April 29th. The software maker reported ($0.16) earnings per share (EPS) for the quarter. The firm 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%.

Hedge Funds Weigh In On Aware

A number of institutional investors have recently bought and sold shares of AWRE. Goldman Sachs Group Inc. increased 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 purchasing an additional 14,436 shares in the last quarter. Vanguard Group Inc. increased 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 purchasing an additional 13,070 shares in the last quarter. Pekin Hardy Strauss Inc. acquired a new stake in Aware during the 3rd quarter worth about $42,000. CIBC Bancorp USA Inc. acquired a new stake in Aware during the 3rd quarter worth about $193,000. Finally, CIBC Private Wealth Group LLC boosted its position in Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after acquiring an additional 10,000 shares during the period. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Wall Street Analyst Weigh In

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