Aware (NASDAQ:AWRE) CEO Ajay Amlani Acquires 9,480 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 9,480 shares of Aware stock in a transaction dated Friday, May 8th. The stock was acquired at an average cost of $1.30 per share, with a total value of $12,324.00. Following the transaction, the chief executive officer owned 892,374 shares of the company’s stock, valued at $1,160,086.20. This trade represents a 1.07% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Aware Stock Performance

Shares of Aware stock opened at $1.26 on Wednesday. The firm has a 50-day moving average of $1.32 and a 200-day moving average of $1.78. The stock has a market cap of $27.25 million, a PE ratio of -3.50 and a beta of 0.89. Aware, Inc. has a 52-week low of $1.02 and a 52-week high of $2.95.

Aware (NASDAQ:AWRE) last posted its quarterly earnings data on Wednesday, April 29th. The software maker reported ($0.16) earnings per share for the quarter. The firm had revenue of $3.39 million for the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Aware

A number of institutional investors and hedge funds have recently modified their holdings of AWRE. XTX Topco Ltd bought a new position in shares of Aware during the 4th quarter worth approximately $30,000. Pekin Hardy Strauss Inc. bought a new position in shares of Aware in the 3rd quarter worth $42,000. Goldman Sachs Group Inc. lifted its holdings in shares of Aware by 71.6% in the 1st 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 in the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of Aware in the 3rd quarter worth $193,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of Aware by 14.3% in the 3rd 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 in the last quarter. 24.39% of the stock is currently owned by 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.