Aware (NASDAQ:AWRE) CEO Ajay Amlani Acquires 15,000 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were purchased at an average price of $1.30 per share, for a total transaction of $19,500.00. Following the completion of the acquisition, the chief executive officer directly owned 882,894 shares in the company, valued at $1,147,762.20. The trade was a 1.73% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Aware Price Performance

AWRE stock traded down $0.01 during mid-day trading on Thursday, reaching $1.27. The company had a trading volume of 49,975 shares, compared to its average volume of 42,162. The company has a market capitalization of $27.47 million, a PE ratio of -3.53 and a beta of 0.89. The firm has a 50 day moving average of $1.35 and a 200 day moving average of $1.81. Aware, Inc. has a 12 month low of $1.02 and a 12 month high of $2.95.

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

Institutional Investors Weigh In On Aware

A number of large investors have recently modified their holdings of the company. XTX Topco Ltd purchased a new position in shares of Aware during the fourth quarter worth about $30,000. Pekin Hardy Strauss Inc. acquired a new stake in Aware in the third quarter valued at $42,000. Goldman Sachs Group Inc. lifted its position in shares of 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 acquiring an additional 14,436 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of Aware during the 3rd quarter worth approximately $193,000. Finally, CIBC Private Wealth Group LLC raised its position in shares of Aware by 14.3% during the 3rd 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 last quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.