Aware (NASDAQ:AWRE) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Aware, Inc. (NASDAQ:AWRE) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.66 and traded as low as $1.35. Aware shares last traded at $1.35, with a volume of 15,117 shares trading hands.

Analyst Upgrades and Downgrades

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

Aware Price Performance

The business’s 50 day simple moving average is $1.31 and its 200-day simple moving average is $1.65. The stock has a market capitalization of $29.23 million, a P/E ratio of -3.75 and a beta of 0.99.

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

Insider Activity at Aware

In other news, Director John S. Stafford III purchased 57,937 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $1.25 per share, for a total transaction of $72,421.25. Following the transaction, the director directly owned 5,221,954 shares of the company’s stock, valued at approximately $6,527,442.50. The trade was a 1.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders bought 181,504 shares of company stock valued at $225,236. Corporate insiders own 34.30% of the company’s stock.

Institutional Investors Weigh In On Aware

Several large investors have recently bought and sold shares of AWRE. CIBC Private Wealth Group LLC increased its holdings 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 worth $193,000 after acquiring an additional 10,000 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Aware by 1.6% during the 1st quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock valued at $820,000 after purchasing an additional 10,139 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Aware by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after purchasing an additional 13,070 shares during the period. Goldman Sachs Group Inc. grew its position in shares of 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 purchasing an additional 14,436 shares during the period. Finally, XTX Topco Ltd bought a new stake in Aware during the 4th quarter worth approximately $30,000. Institutional investors own 24.39% of the company’s stock.

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.