Aware (NASDAQ:AWRE) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Aware (NASDAQ:AWRE) in a research note released on Thursday. The brokerage issued a buy rating on the software maker’s stock.

Aware Trading Down 4.4 %

NASDAQ:AWRE opened at $1.67 on Thursday. The stock has a market capitalization of $35.23 million, a PE ratio of -4.64 and a beta of 0.82. Aware has a 12 month low of $1.35 and a 12 month high of $2.97. The firm’s 50 day moving average is $1.58 and its 200 day moving average is $1.60.

Aware (NASDAQ:AWRE) last released its quarterly earnings results on Wednesday, April 30th. The software maker reported ($0.08) earnings per share for the quarter. Aware had a negative net margin of 44.06% and a negative return on equity of 14.46%. The company had revenue of $3.61 million during the quarter.

Insider Activity at Aware

In related news, CEO Ajay K. Amlani bought 28,950 shares of the stock in a transaction on Friday, March 7th. The shares were acquired at an average price of $1.50 per share, for a total transaction of $43,425.00. Following the purchase, the chief executive officer now owns 234,439 shares of the company’s stock, valued at approximately $351,658.50. The trade was a 14.09 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have acquired 54,713 shares of company stock valued at $83,558. 28.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Aware

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC increased its position in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the period. Geode Capital Management LLC owned 0.80% of Aware worth $316,000 at the end of the most recent reporting period. 24.39% of the stock is currently owned by institutional investors and hedge funds.

About Aware

Aware, Inc, an authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine.