Aware, Inc. (NASDAQ:AWRE) Position Lessened by Essex Investment Management Co. LLC

Essex Investment Management Co. LLC decreased its stake in Aware, Inc. (NASDAQ:AWRE) by 20.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,960 shares of the software maker’s stock after selling 9,763 shares during the period. Essex Investment Management Co. LLC owned 0.18% of Aware worth $76,000 at the end of the most recent reporting period.

Separately, Corsair Capital Management L.P. bought a new stake in Aware during the 3rd quarter valued at $146,000. Institutional investors and hedge funds own 24.39% of the company’s stock.

Insider Activity

In other news, CEO Ajay K. Amlani purchased 28,950 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 234,439 shares in the company, valued at $351,658.50. This trade represents a 14.09 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 28.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Aware in a research note on Wednesday, March 5th. They set a “buy” rating on the stock.

Aware Price Performance

Shares of Aware stock opened at $1.48 on Tuesday. The business’s fifty day moving average price is $1.63 and its two-hundred day moving average price is $1.75. The company has a market capitalization of $31.38 million, a P/E ratio of -4.11 and a beta of 0.66. Aware, Inc. has a 1-year low of $1.35 and a 1-year high of $2.97.

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

About Aware

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.