Ajay Amlani Acquires 15,000 Shares of Aware (NASDAQ:AWRE) Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 15,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was acquired at an average cost of $1.30 per share, for a total transaction of $19,500.00. Following the completion of the purchase, the chief executive officer owned 882,894 shares of the company’s stock, valued at approximately $1,147,762.20. This represents a 1.73% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Aware Trading Up 1.6%

NASDAQ:AWRE opened at $1.30 on Friday. The company’s 50-day moving average price is $1.34 and its 200-day moving average price is $1.80. The company has a market cap of $28.12 million, a P/E ratio of -3.61 and a beta of 0.89. Aware, Inc. has a twelve month low of $1.02 and a twelve month high of $2.95.

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

Institutional Investors Weigh In On Aware

Hedge funds and other institutional investors have recently bought and sold shares of the company. XTX Topco Ltd acquired a new stake in Aware during the fourth quarter worth about $30,000. Pekin Hardy Strauss Inc. acquired a new stake in Aware during the third quarter worth about $42,000. Goldman Sachs Group Inc. increased its position in Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after purchasing an additional 14,436 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Aware during the third quarter worth about $193,000. Finally, CIBC Private Wealth Group LLC increased its position in Aware by 14.3% during the third 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 during the last quarter. 24.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Aware in a research note on Monday, April 20th. 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”.

Aware Company Profile

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.