Insider Buying: Aware (NASDAQ:AWRE) CEO Acquires $13,952.92 in Stock

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

Aware Price Performance

Shares of Aware stock opened at $1.50 on Friday. The company’s 50 day moving average price is $1.33 and its two-hundred day moving average price is $1.60. The firm has a market capitalization of $32.48 million, a P/E ratio of -4.17 and a beta of 0.99. Aware, Inc. has a fifty-two week low of $1.02 and a fifty-two week 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. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.The company had revenue of $3.39 million for the quarter.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Aware

A number of institutional investors have recently added to or reduced their stakes in AWRE. CIBC Bancorp USA Inc. acquired a new position in Aware in the 3rd quarter valued at approximately $193,000. Pekin Hardy Strauss Inc. acquired a new position in shares of Aware during the third quarter worth $42,000. XTX Topco Ltd acquired a new position in shares of Aware during the fourth quarter worth $30,000. Goldman Sachs Group Inc. grew its stake in shares of Aware by 71.6% in the first 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 during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Aware by 1.6% in the third 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 during the last quarter. 24.39% of the stock is owned by institutional investors.

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.