Insider Buying: Aware, Inc. (NASDAQ:AWRE) CEO Purchases $21,757.50 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay K. Amlani acquired 14,505 shares of Aware stock in a transaction on Monday, March 10th. The shares were purchased at an average cost of $1.50 per share, with a total value of $21,757.50. Following the completion of the purchase, the chief executive officer now directly owns 248,944 shares of the company’s stock, valued at approximately $373,416. This represents a 6.19 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Aware Stock Up 5.8 %

Shares of NASDAQ:AWRE opened at $1.64 on Friday. The company’s fifty day moving average is $1.61 and its two-hundred day moving average is $1.74. The company has a market cap of $34.77 million, a P/E ratio of -4.56 and a beta of 0.66. Aware, Inc. has a 12-month low of $1.35 and a 12-month high of $2.97.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Aware in a report on Thursday. They set a “buy” rating on the stock.

Hedge Funds Weigh In On Aware

A hedge fund recently bought a new stake in Aware stock. Corsair Capital Management L.P. acquired a new stake in shares of Aware, Inc. (NASDAQ:AWRE) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 78,028 shares of the software maker’s stock, valued at approximately $146,000. Corsair Capital Management L.P. owned approximately 0.37% of Aware as of its most recent filing with the Securities & Exchange Commission. 24.39% of the stock is currently owned by institutional investors and hedge funds.

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.