Aware (NASDAQ:AWRE) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Aware (NASDAQ:AWRE) in a report issued on Monday. The firm set a “buy” rating on the software maker’s stock.

Aware Trading Down 3.0 %

Shares of AWRE stock opened at $1.48 on Monday. Aware has a 12-month low of $1.35 and a 12-month high of $2.97. The business’s 50 day moving average is $1.57 and its two-hundred day moving average is $1.65. The company has a market capitalization of $31.38 million, a P/E ratio of -4.11 and a beta of 0.67.

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

Insiders Place Their Bets

In other Aware news, CEO Ajay K. Amlani bought 28,950 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was acquired at an average price of $1.50 per share, with a total value of $43,425.00. Following the completion of the acquisition, the chief executive officer now directly owns 234,439 shares of the company’s stock, valued at $351,658.50. This represents a 14.09 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders bought 54,713 shares of company stock worth $83,558. Corporate insiders own 28.00% of the company’s stock.

Institutional Trading of Aware

An institutional investor recently raised its position 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 the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 168,740 shares of the software maker’s stock after acquiring an additional 37,828 shares during the quarter. Geode Capital Management LLC owned approximately 0.80% of Aware worth $316,000 as of its most recent filing with the Securities and Exchange Commission. 24.39% of the stock is owned by institutional investors and hedge funds.

Aware Company Profile

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.