Aware (NASDAQ:AWRE) CEO Ajay Amlani Acquires 10,060 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 10,060 shares of Aware stock in a transaction dated Friday, July 31st. The stock was purchased at an average cost of $1.18 per share, with a total value of $11,870.80. Following the completion of the acquisition, the chief executive officer directly owned 938,734 shares in the company, valued at approximately $1,107,706.12. The trade was a 1.08% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Aware Stock Up 5.8%

NASDAQ:AWRE opened at $1.28 on Wednesday. The stock’s 50 day moving average price is $1.33 and its 200 day moving average price is $1.43. The company has a market capitalization of $27.92 million, a PE ratio of -3.20 and a beta of 1.01. Aware, Inc. has a 52-week low of $1.02 and a 52-week high of $2.95.

Aware (NASDAQ:AWRE) last released its quarterly earnings results on Wednesday, July 29th. The software maker reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.02). Aware had a negative return on equity of 35.21% and a negative net margin of 51.92%.The firm had revenue of $3.25 million for the quarter, compared to analyst estimates of $3.70 million.

Institutional Investors Weigh In On Aware

Several hedge funds have recently made changes to their positions in AWRE. Goldman Sachs Group Inc. grew its holdings in shares of 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 buying an additional 14,436 shares during the last quarter. Vanguard Group Inc. raised its stake in Aware by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after acquiring an additional 13,070 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in Aware during the 3rd quarter valued at approximately $193,000. CIBC Private Wealth Group LLC lifted its position in Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after acquiring an additional 10,000 shares during the period. Finally, XTX Topco Ltd acquired a new stake in Aware during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 24.39% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Aware Company Profile

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.