StockNews.com Initiates Coverage on Aware (NASDAQ:AWRE)

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

Aware Price Performance

NASDAQ AWRE opened at $1.45 on Monday. The business’s fifty day moving average is $1.57 and its 200-day moving average is $1.65. The stock has a market capitalization of $30.75 million, a price-to-earnings ratio of -4.03 and a beta of 0.67. Aware has a one year low of $1.35 and a one year high of $2.97.

Aware (NASDAQ:AWRE) last announced its quarterly earnings data on Wednesday, March 5th. The software maker reported ($0.06) EPS for the quarter. Aware had a negative return on equity of 14.46% and a negative net margin of 44.06%. The company had revenue of $4.80 million during the quarter.

Insider Buying and Selling at Aware

In other Aware news, CEO Ajay K. Amlani purchased 28,950 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average cost 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 $351,658.50. This represents a 14.09 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought a total of 54,713 shares of company stock worth $83,558 over the last ninety days. 28.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC increased its stake in Aware, Inc. (NASDAQ:AWRE) by 28.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the quarter. Geode Capital Management LLC owned about 0.80% of Aware worth $316,000 at the end of the most recent quarter. 24.39% of the stock is owned by institutional investors.

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.