Insider Buying: Aware (NASDAQ:AWRE) CEO Acquires 18,901 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 18,901 shares of the stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $1.15 per share, for a total transaction of $21,736.15. Following the transaction, the chief executive officer owned 856,942 shares in the company, valued at approximately $985,483.30. The trade was a 2.26% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Aware Price Performance

Shares of AWRE stock remained flat at $1.25 on Tuesday. 39,984 shares of the stock traded hands, compared to its average volume of 41,699. The company’s fifty day moving average price is $1.37 and its 200-day moving average price is $1.83. The company has a market capitalization of $27 million, a PE ratio of -3.47 and a beta of 0.89. Aware, Inc. has a 1 year low of $1.02 and a 1 year high of $2.95.

Aware (NASDAQ:AWRE) last announced its quarterly earnings results on Wednesday, April 29th. The software maker reported ($0.16) earnings per share for the quarter. Aware had a negative net margin of 45.31% and a negative return on equity of 28.50%. The firm had revenue of $3.39 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Aware currently has a consensus rating of “Sell”.

Institutional Trading of Aware

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Aware by 1.6% during the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after purchasing an additional 13,070 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in Aware during the third quarter worth about $193,000. CIBC Private Wealth Group LLC increased its stake in Aware by 14.3% during the third quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after purchasing an additional 10,000 shares during the period. Goldman Sachs Group Inc. increased its stake in Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after purchasing an additional 14,436 shares during the period. Finally, XTX Topco Ltd purchased a new stake in Aware during the fourth quarter worth about $30,000. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

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.