Insider Buying: Aware, Inc. (NASDAQ:AWRE) CEO Purchases 14,505 Shares of Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay K. Amlani bought 14,505 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of $1.50 per share, with a total value of $21,757.50. Following the acquisition, the chief executive officer now directly owns 248,944 shares in the company, valued at $373,416. This trade represents a 6.19 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Aware Price Performance

AWRE stock opened at $1.51 on Thursday. 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 $1.62 and a two-hundred day simple moving average of $1.74. The company has a market capitalization of $32.02 million, a price-to-earnings ratio of -4.19 and a beta of 0.66.

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

Institutional Investors Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC raised its position in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,740 shares of the software maker’s stock after buying an additional 37,828 shares during the quarter. Geode Capital Management LLC owned about 0.80% of Aware worth $316,000 as of its most recent SEC filing. Institutional investors and hedge funds own 24.39% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Aware in a research report on Thursday. They issued a “buy” rating on the 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.