Aware (NASDAQ:AWRE) CEO Purchases $22,268.60 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 23,690 shares of Aware stock in a transaction that occurred on Monday, November 2nd. The stock was purchased at an average cost of $0.94 per share, for a total transaction of $22,268.60. Following the acquisition, the chief executive officer owned 996,909 shares of the company’s stock, valued at $937,094.46. This represents a 2.43% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Aware Stock Down 5.0%

NASDAQ AWRE opened at $0.96 on Friday. Aware, Inc. has a 52 week low of $0.82 and a 52 week high of $2.57. The stock has a market capitalization of $21.00 million, a PE ratio of -2.46 and a beta of 1.16. The firm has a 50 day moving average of $1.07 and a two-hundred day moving average of $1.31.

Aware (NASDAQ:AWRE) last announced its quarterly earnings results on Wednesday, October 28th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.06. The company had revenue of $4.42 million during the quarter, compared to the consensus estimate 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

An institutional investor recently raised its stake in Aware stock. Renaissance Technologies LLC increased its stake in Aware, Inc. (NASDAQ:AWRE) by 1.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 655,712 shares of the software maker’s stock after purchasing an additional 10,139 shares during the quarter. Renaissance Technologies LLC owned 3.03% of Aware worth $820,000 at the end of the most recent quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Aware 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.