Aware (NASDAQ:AWRE) Director Buys $72,421.25 in Stock

Aware, Inc. (NASDAQ:AWRE) Director John Stafford III acquired 57,937 shares of Aware stock in a transaction on Thursday, May 14th. The shares were purchased at an average price of $1.25 per share, with a total value of $72,421.25. Following the completion of the purchase, the director owned 5,221,954 shares in the company, valued at $6,527,442.50. This represents a 1.12% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Aware Stock Performance

NASDAQ:AWRE opened at $1.27 on Friday. The firm has a market cap of $27.47 million, a P/E ratio of -3.53 and a beta of 0.89. Aware, Inc. has a fifty-two week low of $1.02 and a fifty-two week high of $2.95. The firm has a 50-day simple moving average of $1.30 and a two-hundred day simple moving average of $1.76.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Aware

A number of hedge funds have recently added to or reduced their stakes in AWRE. Goldman Sachs Group Inc. raised its stake 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. Vanguard Group Inc. raised its stake in 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 buying an additional 13,070 shares during the last quarter. Pekin Hardy Strauss Inc. purchased a new stake in Aware during the 3rd quarter valued at $42,000. CIBC Bancorp USA Inc. purchased a new stake in Aware during the 3rd quarter valued at $193,000. Finally, CIBC Private Wealth Group LLC raised its stake 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 last quarter. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

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.