Aware (NASDAQ:AWRE) CEO Ajay Amlani Buys 13,511 Shares of Company Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 13,511 shares of Aware stock in a transaction dated Wednesday, November 4th. The stock was acquired at an average cost of $0.97 per share, with a total value of $13,105.67. Following the completion of the acquisition, the chief executive officer directly owned 1,031,420 shares in the company, valued at approximately $1,000,477.40. This trade represents a 1.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Aware Price Performance

Aware stock opened at $0.96 on Friday. The stock’s 50 day moving average price is $1.07 and its 200 day moving average price is $1.31. Aware, Inc. has a 1-year low of $0.82 and a 1-year high of $2.57. The company has a market cap of $21.00 million, a PE ratio of -2.46 and a beta of 1.16.

Aware (NASDAQ:AWRE) last released its quarterly earnings data on Wednesday, October 28th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.06. The firm had revenue of $4.42 million during the quarter, compared to analysts’ expectations of $3.70 million. Aware had a negative return on equity of 36.87% and a negative net margin of 52.60%.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Renaissance Technologies LLC grew its stake in shares of Aware, Inc. (NASDAQ:AWRE) by 1.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 655,712 shares of the software maker’s stock after acquiring an additional 10,139 shares during the period. Renaissance Technologies LLC owned about 3.03% of Aware worth $820,000 at the end of the most recent reporting period. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

Aware Company Profile

Aware, Inc (NASDAQ: AWRE) develops biometric software and identity-management solutions for government and commercial organizations. Its technology supports the collection, processing, storage, matching and management of biometric data, including fingerprints, facial images and iris images.

The company’s product portfolio includes automated biometric identification systems, biometric data-management platforms, software development kits and mobile enrollment and authentication tools. These solutions are designed for applications such as civil identity programs, border management, law enforcement, defense, public safety and secure digital authentication.

Aware serves customers in the United States and international markets, working with government agencies, systems integrators and other organizations that require identity verification and biometric processing capabilities.