Aware (NASDAQ:AWRE) Stock: Insider Ajay Amlani Acquires 13,511 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 13,511 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were purchased at an average price of $0.97 per share, for a total transaction of $13,105.67. Following the acquisition, the chief executive officer directly owned 1,031,420 shares of the company’s stock, valued at $1,000,477.40. This trade represents a 1.33% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Aware Stock Performance

Shares of AWRE stock traded down $0.04 on Thursday, reaching $0.97. 72,550 shares of the company’s stock traded hands, compared to its average volume of 41,639. The company has a market capitalization of $21.21 million, a P/E ratio of -2.49 and a beta of 1.16. Aware, Inc. has a 12-month low of $0.82 and a 12-month high of $2.57. The business’s 50 day moving average price is $1.08 and its two-hundred day moving average price is $1.32.

Aware (NASDAQ:AWRE) last announced its quarterly earnings data on Wednesday, October 28th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.06. Aware had a negative return on equity of 36.87% and a negative net margin of 52.60%. The firm had revenue of $4.42 million during the quarter, compared to the consensus estimate of $3.70 million.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC grew its position in Aware, Inc. (NASDAQ:AWRE) by 1.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 655,712 shares of the software maker’s stock after purchasing an additional 10,139 shares during the period. Renaissance Technologies LLC owned about 3.03% of Aware worth $820,000 at the end of the most recent quarter. 24.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Aware from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday. One research analyst has rated the stock with a Sell rating. According to MarketBeat, Aware presently has a consensus rating of “Sell”.

About Aware

Aware, Inc (NASDAQ: AWRE) develops biometric software and identity-management solutions for government and commercial organizations. Its technology supports the collection, processing, storage, matching and management of biometric data, including fingerprints, facial images and iris images.

The company’s product portfolio includes automated biometric identification systems, biometric data-management platforms, software development kits and mobile enrollment and authentication tools. These solutions are designed for applications such as civil identity programs, border management, law enforcement, defense, public safety and secure digital authentication.

Aware serves customers in the United States and international markets, working with government agencies, systems integrators and other organizations that require identity verification and biometric processing capabilities.