Aware (NASDAQ:AWRE) CEO Ajay Amlani Buys 9,826 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 9,826 shares of the company’s stock in a transaction on Friday, June 12th. The stock was acquired at an average cost of $1.42 per share, for a total transaction of $13,952.92. Following the completion of the acquisition, the chief executive officer owned 923,837 shares of the company’s stock, valued at $1,311,848.54. This trade represents a 1.08% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Aware Price Performance

Shares of AWRE stock opened at $1.42 on Wednesday. The company has a market cap of $30.74 million, a price-to-earnings ratio of -3.94 and a beta of 0.99. The stock has a 50 day simple moving average of $1.32 and a 200-day simple moving average of $1.61. Aware, Inc. has a 1-year low of $1.02 and a 1-year high of $2.95.

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

Institutional Investors Weigh In On Aware

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. XTX Topco Ltd purchased a new position in Aware during the fourth quarter worth approximately $30,000. Pekin Hardy Strauss Inc. purchased a new position in shares of Aware during the 3rd quarter worth $42,000. Goldman Sachs Group Inc. boosted 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 last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Aware in the third quarter valued at about $193,000. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Aware by 14.3% in the third quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after purchasing an additional 10,000 shares during the period. Institutional investors and hedge funds own 24.39% of the company’s stock.

Wall Street Analyst Weigh In

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, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

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.