Aware (NASDAQ:AWRE) CEO Ajay Amlani Buys 10,433 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 10,433 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were bought at an average cost of $1.21 per share, for a total transaction of $12,623.93. Following the completion of the acquisition, the chief executive officer directly owned 949,167 shares in the company, valued at approximately $1,148,492.07. This trade represents a 1.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Aware Trading Up 5.8%

NASDAQ AWRE opened at $1.28 on Wednesday. The firm has a market capitalization of $27.92 million, a PE ratio of -3.20 and a beta of 1.01. The business’s 50-day moving average price is $1.33 and its two-hundred day moving average price is $1.43. Aware, Inc. has a 12 month low of $1.02 and a 12 month high of $2.95.

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

Institutional Investors Weigh In On Aware

Several institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its holdings in 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 purchasing an additional 14,436 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of 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 period. CIBC Bancorp USA Inc. bought a new position in Aware during the third quarter worth $193,000. CIBC Private Wealth Group LLC grew its holdings 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 worth $193,000 after purchasing an additional 10,000 shares during the period. Finally, XTX Topco Ltd acquired a new stake in Aware in the fourth quarter worth $30,000. Institutional investors own 24.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Aware presently has an average rating of “Sell”.

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.