Insider Buying: Aware (NASDAQ:AWRE) CEO Purchases $12,623.93 in Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 10,433 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $1.21 per share, for a total transaction of $12,623.93. Following the completion of the purchase, the chief executive officer directly owned 949,167 shares of the company’s stock, valued at $1,148,492.07. This represents a 1.11% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Aware Stock Performance

NASDAQ:AWRE opened at $1.23 on Friday. Aware, Inc. has a 52 week low of $1.02 and a 52 week high of $2.95. The firm’s 50-day simple moving average is $1.32 and its 200 day simple moving average is $1.42. The firm has a market cap of $26.72 million, a price-to-earnings ratio of -3.06 and a beta of 1.01.

Aware (NASDAQ:AWRE) last posted its quarterly earnings data on Wednesday, July 29th. The software maker reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). Aware had a negative net margin of 51.92% and a negative return on equity of 35.21%. The business had revenue of $3.25 million during the quarter, compared to the consensus estimate of $3.70 million.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Aware in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Aware presently has an average rating of “Sell”.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. XTX Topco Ltd acquired a new stake in Aware during the fourth quarter worth about $30,000. Goldman Sachs Group Inc. raised its position in shares of Aware by 71.6% in 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 in the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of Aware in the 3rd quarter valued at approximately $193,000. CIBC Private Wealth Group LLC lifted its holdings 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 acquiring an additional 10,000 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Aware by 1.6% during the 1st quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock worth $820,000 after acquiring an additional 10,139 shares during the period. Institutional investors and hedge funds own 24.39% of the company’s stock.

About Aware

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.