Insider Buying: Aware (NASDAQ:AWRE) CEO Purchases 10,952 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 10,952 shares of Aware stock in a transaction that occurred on Monday, May 4th. The shares were acquired at an average price of $1.17 per share, for a total transaction of $12,813.84. Following the acquisition, the chief executive officer owned 867,894 shares in the company, valued at $1,015,435.98. This trade represents a 1.28% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Aware Price Performance

NASDAQ:AWRE remained flat at $1.25 during mid-day trading on Tuesday. The company had a trading volume of 39,984 shares, compared to its average volume of 41,699. Aware, Inc. has a 52 week low of $1.02 and a 52 week high of $2.95. The firm has a market cap of $27 million, a price-to-earnings ratio of -3.47 and a beta of 0.89. The firm’s 50-day moving average is $1.37 and its 200 day moving average is $1.83.

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. Aware had a negative return on equity of 28.50% and a negative net margin of 45.31%.The company had revenue of $3.39 million during the quarter.

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, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Institutional Investors Weigh In On Aware

Several institutional investors and hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC increased its position in shares of Aware by 14.3% during the third 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 in the last quarter. Vanguard Group Inc. increased its position in shares of Aware by 1.6% during the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after acquiring an additional 13,070 shares in the last quarter. Goldman Sachs Group Inc. increased its position 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 acquiring an additional 14,436 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Aware during the fourth quarter valued at approximately $30,000. Finally, Pekin Hardy Strauss Inc. bought a new stake in shares of Aware during the third quarter valued at approximately $42,000. 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.