Insider Buying: Aware (NASDAQ:AWRE) CEO Purchases $19,320.00 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 21,000 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The shares were acquired at an average cost of $0.92 per share, with a total value of $19,320.00. Following the acquisition, the chief executive officer directly owned 1,017,909 shares of the company’s stock, valued at $936,476.28. This represents a 2.11% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Aware Trading Up 1.0%

AWRE stock opened at $0.97 on Friday. The company’s 50 day moving average is $1.06 and its 200 day moving average is $1.31. The stock has a market cap of $21.21 million, a price-to-earnings ratio of -2.49 and a beta of 1.16. Aware, Inc. has a 1-year low of $0.82 and a 1-year high of $2.57.

Aware (NASDAQ:AWRE) last announced its earnings results on Wednesday, October 28th. The software maker reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.06. Aware had a negative net margin of 52.60% and a negative return on equity of 36.87%. The business had revenue of $4.42 million for the quarter, compared to the consensus estimate of $3.70 million.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, November 2nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Aware

A hedge fund recently bought a new position in Aware stock. Aberdeen Group plc acquired a new stake in shares of Aware, Inc. (NASDAQ:AWRE) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 71,333 shares of the software maker’s stock, valued at approximately $80,000. Aberdeen Group plc owned about 0.33% of Aware at the end of the most recent quarter. Institutional investors own 24.39% of the company’s stock.

About Aware

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.