Ajay Amlani Buys 10,140 Shares of Aware (NASDAQ:AWRE) Stock

Aware, Inc. (NASDAQ:AWREGet Free Report) CEO Ajay Amlani bought 10,140 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $1.25 per share, with a total value of $12,675.00. Following the completion of the purchase, the chief executive officer directly owned 903,248 shares in the company, valued at $1,129,060. This represents a 1.14% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Aware Stock Performance

AWRE remained flat at $1.27 on Monday. The company had a trading volume of 34,015 shares, compared to its average volume of 43,299. Aware, Inc. has a 1 year low of $1.02 and a 1 year high of $2.95. The stock has a market capitalization of $27.47 million, a P/E ratio of -3.53 and a beta of 0.89. The business has a fifty day moving average price of $1.30 and a 200-day moving average price of $1.75.

Aware (NASDAQ:AWREGet Free Report) last released its 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 company had revenue of $3.39 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Aware in a research note on Monday, April 20th. 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”.

Get Our Latest Report on AWRE

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. XTX Topco Ltd acquired a new position in shares of Aware during the 4th quarter worth about $30,000. Pekin Hardy Strauss Inc. acquired a new stake in shares of Aware in the third quarter valued at approximately $42,000. Goldman Sachs Group Inc. boosted its holdings in shares of Aware by 71.6% in the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after acquiring an additional 14,436 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of Aware in the third quarter valued at approximately $193,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Aware by 14.3% in the third quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after acquiring an additional 10,000 shares during the period. 24.39% of the stock is owned by institutional investors and hedge funds.

Aware News Roundup

Here are the key news stories impacting Aware this week:

  • Positive Sentiment: CEO Ajay K. Amlani purchased 10,140 shares, and a separate filing showed another 734-share buy, suggesting management is adding to positions at current levels. SEC filing
  • Neutral Sentiment: The stock has been trading near its 50-day moving average and well below its 200-day average, so the insider buying may be seen as support, but broader trend pressure remains in place.

About Aware

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Aware (NASDAQ:AWRE)

Receive News & Ratings for Aware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aware and related companies with MarketBeat.com's FREE daily email newsletter.