Aware (NASDAQ:AWRE) Stock: Insider Ajay Amlani Purchases 21,000 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani bought 21,000 shares of the business’s stock in a transaction on Tuesday, November 3rd. The shares were bought at an average cost of $0.92 per share, for a total transaction of $19,320.00. Following the completion of the acquisition, the chief executive officer directly owned 1,017,909 shares in the company, valued at approximately $936,476.28. This trade represents a 2.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Aware Trading Up 1.0%

Shares of AWRE stock opened at $0.97 on Friday. Aware, Inc. has a 12-month low of $0.82 and a 12-month high of $2.57. The stock has a market capitalization of $21.21 million, a P/E ratio of -2.49 and a beta of 1.16. The firm’s 50 day moving average is $1.06 and its 200 day moving average is $1.31.

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

Hedge Funds Weigh In On Aware

A hedge fund recently raised its position in Aware stock. Renaissance Technologies LLC lifted its position in Aware, Inc. (NASDAQ:AWRE) by 1.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 655,712 shares of the software maker’s stock after acquiring an additional 10,139 shares during the period. Renaissance Technologies LLC owned approximately 3.03% of Aware worth $820,000 at the end of the most recent quarter. 24.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

About Aware

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.