Aware (NASDAQ:AWRE) Posts Earnings Results

Aware (NASDAQ:AWRE) announced its earnings results on Wednesday. The software maker reported ($0.16) earnings per share (EPS) for the quarter, FiscalAI reports. Aware had a negative return on equity of 21.19% and a negative net margin of 33.97%.The business had revenue of $3.39 million for the quarter.

Aware Stock Performance

Shares of NASDAQ AWRE traded up $0.20 during trading hours on Wednesday, hitting $1.46. 200,830 shares of the stock were exchanged, compared to its average volume of 36,469. The company has a market cap of $31.54 million, a PE ratio of -5.21 and a beta of 0.99. The company’s fifty day simple moving average is $1.39 and its two-hundred day simple moving average is $1.84. Aware has a 1-year low of $1.10 and a 1-year high of $2.95.

Analyst Upgrades and Downgrades

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

Institutional Trading of Aware

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Aware by 1.6% in the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after buying an additional 13,070 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Aware in the third quarter valued at approximately $193,000. CIBC Private Wealth Group LLC boosted its position 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 valued at $193,000 after buying an additional 10,000 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Aware by 71.6% in the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after buying an additional 14,436 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Aware in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 24.39% of the company’s stock.

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.