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

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 9,826 shares of Aware stock in a transaction dated Friday, June 12th. The shares were bought at an average cost of $1.42 per share, for a total transaction of $13,952.92. Following the transaction, the chief executive officer directly owned 923,837 shares of the company’s stock, valued at approximately $1,311,848.54. The trade was a 1.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Aware Stock Performance

Shares of AWRE stock traded down $0.01 during trading hours on Tuesday, hitting $1.42. 18,824 shares of the company were exchanged, compared to its average volume of 43,939. Aware, Inc. has a one year low of $1.02 and a one year high of $2.95. The business’s 50-day simple moving average is $1.32 and its two-hundred day simple moving average is $1.61. The stock has a market capitalization of $30.74 million, a price-to-earnings ratio of -3.94 and a beta of 0.99.

Aware (NASDAQ:AWRE) last issued its quarterly earnings results on Wednesday, April 29th. The software maker reported ($0.16) 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.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AWRE. Goldman Sachs Group Inc. grew its position in 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 buying an additional 14,436 shares during the last quarter. Vanguard Group Inc. grew its position in 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 buying an additional 13,070 shares during the last quarter. Pekin Hardy Strauss Inc. acquired a new position in Aware in the third quarter worth approximately $42,000. CIBC Bancorp USA Inc. acquired a new position in Aware in the third quarter worth approximately $193,000. Finally, CIBC Private Wealth Group LLC grew its position in 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 buying an additional 10,000 shares during the last quarter. Institutional investors and hedge funds 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.