Aware (NASDAQ:AWRE) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a research note released on Saturday morning. The firm issued a buy rating on the software maker’s stock.

Aware Stock Down 4.2 %

NASDAQ AWRE opened at $1.58 on Friday. The stock has a market capitalization of $33.50 million, a P/E ratio of -4.39 and a beta of 0.66. The firm has a 50-day moving average price of $1.61 and a 200 day moving average price of $1.68. Aware has a 52-week low of $1.35 and a 52-week high of $2.97.

Aware (NASDAQ:AWRE) last announced its quarterly earnings results on Wednesday, March 5th. The software maker reported ($0.06) earnings per share (EPS) for the quarter. Aware had a negative net margin of 44.06% and a negative return on equity of 14.46%. The company had revenue of $4.80 million during the quarter.

Insider Activity at Aware

In other news, CEO Ajay K. Amlani bought 28,950 shares of Aware stock in a transaction on Friday, March 7th. The shares were bought at an average cost of $1.50 per share, for a total transaction of $43,425.00. Following the acquisition, the chief executive officer now owns 234,439 shares in the company, valued at approximately $351,658.50. This trade represents a 14.09 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last three months, insiders have acquired 54,713 shares of company stock valued at $83,558. Insiders own 28.00% of the company’s stock.

Institutional Trading of Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC lifted its position in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the quarter. Geode Capital Management LLC owned about 0.80% of Aware worth $316,000 as of its most recent filing with the SEC. 24.39% of the stock is owned by hedge funds and other institutional investors.

Aware Company Profile

Aware, Inc, an authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine.