Aware (NASDAQ:AWRE) CEO Purchases $12,813.84 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 10,952 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average cost of $1.17 per share, with a total value of $12,813.84. Following the purchase, the chief executive officer directly owned 867,894 shares of the company’s stock, valued at $1,015,435.98. The trade was a 1.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Aware Price Performance

Shares of NASDAQ AWRE opened at $1.28 on Friday. Aware, Inc. has a twelve month low of $1.02 and a twelve month high of $2.95. The firm has a fifty day simple moving average of $1.34 and a 200 day simple moving average of $1.80. The company has a market capitalization of $27.69 million, a PE ratio of -3.56 and a beta of 0.89.

Aware (NASDAQ:AWRE) last announced its earnings results 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 firm had revenue of $3.39 million for the quarter.

Institutional Investors Weigh In On Aware

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC increased its stake 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 valued at $193,000 after purchasing an additional 10,000 shares in the last quarter. Vanguard Group Inc. increased its stake in Aware by 1.6% in the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after purchasing an additional 13,070 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Aware by 71.6% in the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after purchasing an additional 14,436 shares in the last quarter. XTX Topco Ltd bought a new stake in Aware in the fourth quarter valued at $30,000. Finally, Pekin Hardy Strauss Inc. bought a new stake in Aware in the third quarter valued at $42,000. 24.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued 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, According to data from MarketBeat, Aware has a consensus 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.