Aware, Inc. (NASDAQ:AWRE – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.59 and traded as low as $1.3901. Aware shares last traded at $1.41, with a volume of 40,828 shares.
Key Stories Impacting Aware
Here are the key news stories impacting Aware this week:
- Negative Sentiment: Aware’s shares fell below their 200-day moving average, a level traders often watch as a sign of weakening momentum and downside sentiment. Aware (NASDAQ:AWRE) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why
- Neutral Sentiment: Short-interest data showed no meaningful change in the reported share count, so this does not appear to be a new bearish catalyst for the stock.
- Neutral Sentiment: Recent market coverage has focused on other AI, data-center, and crypto-related stocks, suggesting AWRE is not currently benefiting from the same investor attention or momentum.
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 analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Aware Trading Down 2.9%
The business’s 50-day simple moving average is $1.35 and its 200-day simple moving average is $1.58. The company has a market cap of $29.01 million, a PE ratio of -3.72 and a beta of 0.99.
Aware (NASDAQ:AWRE – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The software maker reported ($0.16) earnings per share (EPS) for the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.The firm had revenue of $3.39 million for the quarter.
Insider Activity at Aware
In other Aware news, Director John S. Stafford III bought 57,937 shares of Aware stock in a transaction on Thursday, May 14th. The stock was purchased at an average cost of $1.25 per share, for a total transaction of $72,421.25. Following the completion of the purchase, the director directly owned 5,221,954 shares of the company’s stock, valued at $6,527,442.50. The trade was a 1.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders purchased 170,076 shares of company stock valued at $212,569. Insiders own 34.30% of the company’s stock.
Institutional Investors Weigh In On Aware
Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Aware by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after acquiring an additional 13,070 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Aware by 1.6% in the 1st 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 during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Aware in the 3rd quarter worth approximately $193,000. CIBC Private Wealth Group LLC boosted its position in Aware by 14.3% during 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 during the period. Finally, Goldman Sachs Group Inc. boosted its position in Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after purchasing an additional 14,436 shares during the period. Institutional investors and hedge funds own 24.39% of the company’s stock.
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.
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