Ajay Amlani Acquires 10,140 Shares of Aware (NASDAQ:AWRE) Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 10,140 shares of Aware stock in a transaction on Friday, May 15th. The stock was acquired at an average price of $1.25 per share, for a total transaction of $12,675.00. Following the transaction, the chief executive officer directly owned 903,248 shares of the company’s stock, valued at approximately $1,129,060. This trade represents a 1.14% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Aware Stock Performance

NASDAQ:AWRE remained flat at $1.27 on Monday. The company’s stock had a trading volume of 34,015 shares, compared to its average volume of 43,299. Aware, Inc. has a 12 month low of $1.02 and a 12 month high of $2.95. The firm has a market capitalization of $27.47 million, a price-to-earnings ratio of -3.53 and a beta of 0.89. The company has a 50-day moving average of $1.30 and a 200 day moving average of $1.75.

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

Trending Headlines about Aware

Here are the key news stories impacting Aware this week:

• Positive Sentiment: CEO Ajay K. Amlani purchased 10,140 shares, and a separate filing showed another 734-share buy, suggesting management is adding to positions at current levels. SEC filing
• Neutral Sentiment: The stock has been trading near its 50-day moving average and well below its 200-day average, so the insider buying may be seen as support, but broader trend pressure remains in place.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aware in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Investors Weigh In On Aware

Institutional investors and hedge funds have recently modified their holdings of the company. XTX Topco Ltd purchased a new stake in shares of Aware in the 4th quarter valued at $30,000. Pekin Hardy Strauss Inc. purchased a new stake in shares of Aware in the 3rd quarter valued at $42,000. Goldman Sachs Group Inc. raised 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 valued at $55,000 after buying an additional 14,436 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of Aware in the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC raised 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 valued at $193,000 after buying an additional 10,000 shares during the period. Hedge funds and other institutional investors own 24.39% of the company’s stock.

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.