Aware, Inc. (NASDAQ:AWRE) CEO Ajay K. Amlani Acquires 28,950 Shares

Aware, Inc. (NASDAQ:AWRE) CEO Ajay K. Amlani acquired 28,950 shares of the firm’s stock in a transaction dated Friday, March 7th. The stock was purchased at an average cost of $1.50 per share, with a total value of $43,425.00. Following the transaction, the chief executive officer now owns 234,439 shares in the company, valued at approximately $351,658.50. This trade represents a 14.09 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Aware Trading Down 3.9 %

Shares of AWRE traded down $0.06 during mid-day trading on Monday, reaching $1.48. The company’s stock had a trading volume of 43,637 shares, compared to its average volume of 50,221. The stock has a market cap of $31.38 million, a P/E ratio of -4.11 and a beta of 0.66. Aware, Inc. has a 1-year low of $1.35 and a 1-year high of $2.97. The business has a 50-day simple moving average of $1.63 and a two-hundred day simple moving average of $1.75.

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

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Aware in a research note on Wednesday, March 5th. They issued a “buy” rating for the company.

Institutional Investors Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC lifted its position in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the period. Geode Capital Management LLC owned 0.80% of Aware worth $316,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 24.39% of the company’s stock.

About Aware

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.