Ajay Amlani Purchases 10,140 Shares of Aware (NASDAQ:AWRE) Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 10,140 shares of the stock in a transaction on Friday, May 15th. The stock was purchased at an average price of $1.25 per share, with a total value of $12,675.00. Following the completion of the purchase, the chief executive officer owned 903,248 shares of the company’s stock, valued at $1,129,060. This represents a 1.14% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Aware Trading Down 0.8%

NASDAQ:AWRE opened at $1.26 on Wednesday. Aware, Inc. has a 12 month low of $1.02 and a 12 month high of $2.95. The firm has a fifty day simple moving average of $1.28 and a 200-day simple moving average of $1.74. The company has a market capitalization of $27.25 million, a P/E ratio of -3.50 and a beta of 0.89.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aware in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Aware currently has an average rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. XTX Topco Ltd acquired a new position in Aware during the fourth quarter valued at $30,000. Pekin Hardy Strauss Inc. acquired a new position in shares of Aware in the third quarter worth about $42,000. Goldman Sachs Group Inc. raised its position in shares of Aware by 71.6% in the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after acquiring an additional 14,436 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of Aware in the third quarter worth about $193,000. Finally, CIBC Private Wealth Group LLC raised its position in shares of Aware by 14.3% in the third 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. 24.39% of the stock is currently owned by institutional investors and hedge funds.

Key Aware News

Here are the key news stories impacting Aware this week:

• Positive Sentiment: CEO Ajay Amlani bought 10,140 shares of Aware and then added another 734 shares, boosting his ownership and signaling confidence in the company’s outlook. SEC filing
• Neutral Sentiment: The stock remains near the low end of its 52-week range and below its 200-day average, suggesting investors are still cautious despite the insider buying.
• Negative Sentiment: Aware’s last earnings report showed a loss of $0.16 per share on $3.39 million in revenue, with weak margins and negative return on equity, which continues to pressure sentiment.

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.