Aware (NASDAQ:AWRE) CEO Ajay Amlani Purchases 15,000 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani acquired 15,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were bought at an average cost of $1.30 per share, with a total value of $19,500.00. Following the purchase, the chief executive officer owned 882,894 shares in the company, valued at approximately $1,147,762.20. The trade was a 1.73% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Aware Stock Performance

Shares of NASDAQ:AWRE traded down $0.01 during midday trading on Thursday, hitting $1.27. 49,975 shares of the company’s stock traded hands, compared to its average volume of 42,162. The firm’s fifty day moving average price is $1.35 and its two-hundred day moving average price is $1.81. The company has a market cap of $27.47 million, a PE ratio of -3.53 and a beta of 0.89. Aware, Inc. has a twelve month low of $1.02 and a twelve month high of $2.95.

Aware (NASDAQ:AWRE) last released its quarterly earnings results on Wednesday, April 29th. The software maker reported ($0.16) EPS for the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.The business had revenue of $3.39 million during the quarter.

Hedge Funds Weigh In On Aware

Institutional investors and hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd bought a new stake in Aware in the 4th quarter valued at $30,000. CIBC Private Wealth Group LLC increased its stake in shares of Aware by 14.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after buying an additional 10,000 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of Aware in the 3rd quarter valued at $193,000. Pekin Hardy Strauss Inc. bought a new position in shares of Aware in the 3rd quarter valued at about $42,000. Finally, Vanguard Group Inc. boosted its stake in shares of Aware by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after purchasing an additional 13,070 shares during the last quarter. Institutional investors own 24.39% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aware in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Aware presently has a consensus rating of “Sell”.

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.