Aware (NASDAQ:AWRE) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Aware, Inc. (NASDAQ:AWRE) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.66 and traded as low as $1.35. Aware shares last traded at $1.35, with a volume of 15,117 shares traded.

Wall Street Analysts Forecast Growth

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

Aware Stock Performance

The firm has a market cap of $29.23 million, a P/E ratio of -3.75 and a beta of 0.99. The business’s 50-day simple moving average is $1.30 and its 200 day simple moving average is $1.66.

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 return on equity of 29.66% and a negative net margin of 45.31%.The company had revenue of $3.39 million during the quarter.

Insider Buying and Selling

In related news, Director John S. Stafford III bought 57,937 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was acquired at an average price of $1.25 per share, with a total value of $72,421.25. Following the transaction, the director owned 5,221,954 shares in the company, valued at approximately $6,527,442.50. This trade represents a 1.12% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have purchased 181,504 shares of company stock valued at $225,236. Insiders own 34.30% of the company’s stock.

Institutional Investors Weigh In On Aware

Hedge funds have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in shares of Aware during the 4th quarter valued at $30,000. Pekin Hardy Strauss Inc. bought a new stake in shares of Aware during the 3rd quarter valued at $42,000. Goldman Sachs Group Inc. grew its position in shares of Aware by 71.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after acquiring an additional 14,436 shares during the period. CIBC Bancorp USA Inc. bought a new stake in shares of Aware during the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC grew its position in shares of Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after acquiring an additional 10,000 shares during the period. 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.