Aware (NASDAQ:AWRE) CEO Buys $19,320.00 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 21,000 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The stock was purchased at an average cost of $0.92 per share, for a total transaction of $19,320.00. Following the purchase, the chief executive officer directly owned 1,017,909 shares in the company, valued at approximately $936,476.28. This represents a 2.11% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this link.

Aware Price Performance

Shares of Aware stock traded down $0.04 during trading on Thursday, hitting $0.97. The stock had a trading volume of 72,550 shares, compared to its average volume of 41,639. The firm has a market cap of $21.21 million, a P/E ratio of -2.49 and a beta of 1.16. The business has a fifty day moving average of $1.08 and a two-hundred day moving average of $1.32. Aware, Inc. has a fifty-two week low of $0.82 and a fifty-two week high of $2.57.

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

Hedge Funds Weigh In On Aware

A hedge fund recently raised its position in Aware stock. Renaissance Technologies LLC increased its position in Aware, Inc. (NASDAQ:AWRE) by 1.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 655,712 shares of the software maker’s stock after purchasing an additional 10,139 shares during the quarter. Renaissance Technologies LLC owned approximately 3.03% of Aware worth $820,000 at the end of the most recent quarter. Institutional investors own 24.39% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, Aware currently has an average rating of “Sell”.

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.