Insider Buying: Aware (NASDAQ:AWRE) CEO Acquires $12,324.00 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 9,480 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average price of $1.30 per share, with a total value of $12,324.00. Following the transaction, the chief executive officer directly owned 892,374 shares in the company, valued at $1,160,086.20. The trade was a 1.07% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Aware Price Performance

Shares of AWRE opened at $1.21 on Friday. Aware, Inc. has a 1 year low of $1.02 and a 1 year high of $2.95. The stock has a 50 day simple moving average of $1.31 and a two-hundred day simple moving average of $1.76. The firm has a market cap of $26.17 million, a P/E ratio of -3.36 and a beta of 0.89.

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

Analyst Ratings Changes

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

Institutional Trading of Aware

Several hedge funds and other institutional investors have recently bought and sold shares of AWRE. XTX Topco Ltd purchased a new stake in shares of Aware during the fourth quarter valued at approximately $30,000. Pekin Hardy Strauss Inc. purchased a new position in shares of Aware in the third quarter worth $42,000. Goldman Sachs Group Inc. raised its holdings in Aware by 71.6% during the 1st 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 during the last quarter. CIBC Bancorp USA Inc. bought a new stake in Aware during the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC boosted 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 valued at $193,000 after buying an additional 10,000 shares during the period. Institutional investors 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.