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

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 13,511 shares of the stock in a transaction on Wednesday, November 4th. The shares were bought at an average price of $0.97 per share, for a total transaction of $13,105.67. Following the purchase, the chief executive officer directly owned 1,031,420 shares in the company, valued at approximately $1,000,477.40. This trade represents a 1.33% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Aware Stock Up 1.0%

Shares of AWRE stock opened at $0.97 on Friday. The firm’s 50 day moving average price is $1.06 and its two-hundred day moving average price is $1.31. The stock has a market cap of $21.21 million, a price-to-earnings ratio of -2.49 and a beta of 1.16. Aware, Inc. has a fifty-two week low of $0.82 and a fifty-two week high of $2.57.

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

Institutional Investors Weigh In On Aware

An institutional investor recently bought a new stake in Aware stock. Aberdeen Group plc acquired a new stake in Aware, Inc. (NASDAQ:AWRE) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 71,333 shares of the software maker’s stock, valued at approximately $80,000. Aberdeen Group plc owned about 0.33% of Aware as of its most recent SEC filing. 24.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Aware Company Profile

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.