Aware (NASDAQ:AWRE) CEO Buys $12,675.00 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 10,140 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average price of $1.25 per share, for a total transaction of $12,675.00. Following the transaction, the chief executive officer owned 903,248 shares of the company’s stock, valued at approximately $1,129,060. This represents a 1.14% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Aware Price Performance

NASDAQ AWRE opened at $1.28 on Thursday. The company has a market cap of $27.69 million, a PE ratio of -3.56 and a beta of 0.89. The stock’s 50 day simple moving average is $1.28 and its 200-day simple moving average is $1.73. Aware, Inc. has a 1-year low of $1.02 and a 1-year high of $2.95.

Aware (NASDAQ:AWRE) last released its earnings results on Wednesday, April 29th. The software maker reported ($0.16) earnings per share for the quarter. The firm 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 AWRE. Goldman Sachs Group Inc. increased its holdings in shares of Aware by 71.6% in 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 during the last quarter. Vanguard Group Inc. increased its holdings in shares of Aware by 1.6% in the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after purchasing an additional 13,070 shares during the last quarter. Pekin Hardy Strauss Inc. acquired a new stake in shares of Aware in the third quarter valued at approximately $42,000. CIBC Bancorp USA Inc. acquired a new stake in shares of Aware in the third quarter valued at approximately $193,000. Finally, CIBC Private Wealth Group LLC increased 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 last quarter. Institutional investors and hedge funds own 24.39% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aware in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently 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.