Aware (NASDAQ:AWRE) CEO Ajay Amlani Purchases 10,433 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 10,433 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average price of $1.21 per share, for a total transaction of $12,623.93. Following the acquisition, the chief executive officer owned 949,167 shares of the company’s stock, valued at $1,148,492.07. This represents a 1.11% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Aware Trading Up 5.8%

NASDAQ AWRE traded up $0.07 during trading on Tuesday, hitting $1.28. The company had a trading volume of 34,763 shares, compared to its average volume of 43,939. The company’s fifty day moving average is $1.33 and its 200-day moving average is $1.43. Aware, Inc. has a one year low of $1.02 and a one year high of $2.95. The company has a market cap of $27.71 million, a price-to-earnings ratio of -3.20 and a beta of 1.01.

Aware (NASDAQ:AWRE) last announced its quarterly earnings results on Wednesday, July 29th. The software maker reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.02). Aware had a negative net margin of 51.92% and a negative return on equity of 33.56%. The company had revenue of $3.25 million for the quarter, compared to analysts’ expectations of $3.70 million.

Institutional Trading of Aware

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Aware by 1.6% in the 3rd 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 in the last quarter. Renaissance Technologies LLC lifted its position in Aware by 1.6% in the 1st quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock valued at $820,000 after acquiring an additional 10,139 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in Aware during the 3rd quarter valued at $193,000. CIBC Private Wealth Group LLC increased 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. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after purchasing an additional 14,436 shares in the last quarter. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average 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.