Aware (NASDAQ:AWRE) CEO Ajay Amlani Acquires 21,000 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 21,000 shares of the stock in a transaction on Tuesday, November 3rd. The shares were acquired at an average price of $0.92 per share, with a total value of $19,320.00. Following the transaction, the chief executive officer directly owned 1,017,909 shares of the company’s stock, valued at $936,476.28. The trade was a 2.11% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Aware Stock Down 5.0%

Aware stock opened at $0.96 on Friday. The company’s 50-day moving average price is $1.07 and its 200-day moving average price is $1.31. Aware, Inc. has a twelve month low of $0.82 and a twelve month high of $2.57. The company has a market cap of $21.00 million, a PE ratio of -2.46 and a beta of 1.16.

Aware (NASDAQ:AWRE) last released its quarterly earnings results on Wednesday, October 28th. The software maker reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.06. The company had revenue of $4.42 million during the quarter, compared to analyst estimates of $3.70 million. Aware had a negative return on equity of 36.87% and a negative net margin of 52.60%.

Hedge Funds Weigh In On Aware

An institutional investor recently raised its stake in Aware stock. Renaissance Technologies LLC grew its holdings in Aware, Inc. (NASDAQ:AWRE) by 1.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 655,712 shares of the software maker’s stock after purchasing an additional 10,139 shares during the period. Renaissance Technologies LLC owned about 3.03% of Aware worth $820,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Aware from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Aware

Aware, Inc (NASDAQ: AWRE) develops biometric software and identity-management solutions for government and commercial organizations. Its technology supports the collection, processing, storage, matching and management of biometric data, including fingerprints, facial images and iris images.

The company’s product portfolio includes automated biometric identification systems, biometric data-management platforms, software development kits and mobile enrollment and authentication tools. These solutions are designed for applications such as civil identity programs, border management, law enforcement, defense, public safety and secure digital authentication.

Aware serves customers in the United States and international markets, working with government agencies, systems integrators and other organizations that require identity verification and biometric processing capabilities.