Aware (NASDAQ:AWRE) CEO Purchases $12,324.00 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 9,480 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average cost of $1.30 per share, for a total transaction of $12,324.00. Following the transaction, the chief executive officer directly owned 892,374 shares of the company’s stock, valued at $1,160,086.20. This trade represents a 1.07% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Aware Price Performance

AWRE stock traded down $0.08 on Tuesday, reaching $1.26. 27,099 shares of the company were exchanged, compared to its average volume of 59,645. The firm has a market capitalization of $27.25 million, a PE ratio of -3.50 and a beta of 0.89. The stock’s fifty day moving average price is $1.32 and its 200 day moving average price is $1.78. Aware, Inc. has a 12 month low of $1.02 and a 12 month high of $2.95.

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

Institutional Trading of Aware

A number of hedge funds have recently modified their holdings of the company. XTX Topco Ltd bought a new stake in Aware during the 4th quarter worth approximately $30,000. Pekin Hardy Strauss Inc. acquired a new stake in Aware in the 3rd quarter valued at $42,000. 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 valued at $55,000 after buying an additional 14,436 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Aware in the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC grew its stake in shares of 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 buying an additional 10,000 shares in the last quarter. 24.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

About Aware

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.