Aware (NASDAQ:AWRE) CEO Purchases $13,105.67 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 13,511 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The shares were acquired at an average cost of $0.97 per share, with a total value of $13,105.67. Following the transaction, the chief executive officer directly owned 1,031,420 shares in the company, valued at $1,000,477.40. The trade was a 1.33% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Aware Stock Up 1.0%

Shares of NASDAQ:AWRE opened at $0.97 on Friday. The business has a 50 day moving average price of $1.06 and a 200 day moving average price of $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 $21.21 million, a price-to-earnings ratio of -2.49 and a beta of 1.16.

Aware (NASDAQ:AWRE) last released its earnings results on Wednesday, October 28th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.06. The firm had revenue of $4.42 million for 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%.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, November 2nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Aware stock. Renaissance Technologies LLC raised its stake in shares of Aware, Inc. (NASDAQ:AWRE) by 1.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 655,712 shares of the software maker’s stock after purchasing an additional 10,139 shares during the quarter. Renaissance Technologies LLC owned 3.03% of Aware worth $820,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 24.39% of the company’s stock.

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.