Ajay Amlani Acquires 9,826 Shares of Aware (NASDAQ:AWRE) Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 9,826 shares of the stock in a transaction on Friday, June 12th. The shares were purchased at an average price of $1.42 per share, for a total transaction of $13,952.92. Following the completion of the transaction, the chief executive officer owned 923,837 shares in the company, valued at approximately $1,311,848.54. This represents a 1.08% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Aware Price Performance

NASDAQ AWRE traded down $0.01 on Tuesday, hitting $1.42. 18,824 shares of the stock were exchanged, compared to its average volume of 43,939. Aware, Inc. has a 52-week low of $1.02 and a 52-week high of $2.95. The company has a market capitalization of $30.74 million, a price-to-earnings ratio of -3.94 and a beta of 0.99. The company’s 50-day moving average price is $1.32 and its two-hundred day moving average price is $1.61.

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Aware

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Aware by 1.6% in the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after purchasing an additional 13,070 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Aware by 1.6% in the first quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock worth $820,000 after purchasing an additional 10,139 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in Aware in the third quarter worth $193,000. CIBC Private Wealth Group LLC boosted its holdings in Aware by 14.3% in 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 in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Aware by 71.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after acquiring an additional 14,436 shares during the last quarter. 24.39% of the stock is currently owned by institutional investors.

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.