Insider Buying: Aware (NASDAQ:AWRE) CEO Purchases 23,690 Shares of Stock

by · The Cerbat Gem

Aware, Inc. (NASDAQ:AWRE – Get Free Report) CEO Ajay Amlani acquired 23,690 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were bought at an average price of $0.94 per share, for a total transaction of $22,268.60. Following the acquisition, the chief executive officer owned 996,909 shares in the company, valued at approximately $937,094.46. This trade represents a 2.43% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Aware Stock Performance

Shares of AWRE traded up $0.00 during trading hours on Tuesday, reaching $0.91. 64,140 shares of the company traded hands, compared to its average volume of 41,009. The stock’s fifty day moving average is $1.09 and its 200 day moving average is $1.33. The stock has a market cap of $19.85 million, a P/E ratio of -2.33 and a beta of 1.16. Aware, Inc. has a 1-year low of $0.82 and a 1-year high of $2.57.

Aware (NASDAQ:AWRE – Get Free Report) last released its earnings results on Wednesday, October 28th. The software maker reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.06. Aware had a negative return on equity of 35.61% and a negative net margin of 52.60%. The business had revenue of $4.42 million for the quarter, compared to the consensus estimate of $3.70 million.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on AWRE

Hedge Funds Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Renaissance Technologies LLC boosted its holdings in Aware, Inc. (NASDAQ:AWRE – Free Report) by 1.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 655,712 shares of the software maker’s stock after acquiring an additional 10,139 shares during the quarter. Renaissance Technologies LLC owned 3.03% of Aware worth $820,000 at the end of the most recent quarter. 24.39% of the stock is currently owned by institutional investors and hedge funds.

About Aware

(Get Free Report)

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.

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