Aware (NASDAQ:AWRE) CEO Ajay Amlani Buys 18,901 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 18,901 shares of the company’s stock in a transaction on Friday, May 1st. The shares were purchased at an average price of $1.15 per share, with a total value of $21,736.15. Following the completion of the purchase, the chief executive officer directly owned 856,942 shares of the company’s stock, valued at $985,483.30. The trade was a 2.26% 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

Shares of NASDAQ:AWRE opened at $1.25 on Wednesday. The firm has a market capitalization of $27 million, a PE ratio of -3.47 and a beta of 0.89. The business has a 50-day moving average of $1.36 and a two-hundred day moving average of $1.82. Aware, Inc. has a 12 month low of $1.02 and a 12 month high of $2.95.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of AWRE. CIBC Bancorp USA Inc. purchased a new position in Aware in the third quarter valued at about $193,000. Pekin Hardy Strauss Inc. acquired a new stake in Aware during the third quarter valued at approximately $42,000. XTX Topco Ltd acquired a new stake in Aware during the fourth quarter valued at approximately $30,000. Goldman Sachs Group Inc. raised its stake in 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 buying an additional 14,436 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in 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 buying an additional 13,070 shares in the last quarter. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.