Key Points
- Aware director John Stafford III bought 22,475 shares on May 13 at an average price of $1.25, spending about $28,094. After the purchase, he held 5,164,017 shares valued at roughly $6.46 million.
- The stock remains under pressure, recently trading around $1.21 with a 52-week range of $1.02 to $2.95. Aware has a market cap of about $26.17 million and is trading below both its 50-day and 200-day moving averages.
- Sentiment on the stock is weak following a disappointing quarterly report showing a $0.16 EPS loss on $3.39 million in revenue. Analyst coverage remains bearish, with Weiss Ratings reaffirming a “sell (d-)” and MarketBeat showing a consensus “Sell.”
Aware, Inc. (NASDAQ:AWRE - Get Free Report) Director John Stafford III purchased 22,475 shares of the firm's stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $1.25 per share, with a total value of $28,093.75. Following the purchase, the director owned 5,164,017 shares of the company's stock, valued at approximately $6,455,021.25. This represents a 0.44% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Aware Stock Performance
NASDAQ:AWRE opened at $1.21 on Friday. Aware, Inc. has a 1 year low of $1.02 and a 1 year high of $2.95. The stock has a market cap of $26.17 million, a price-to-earnings ratio of -3.36 and a beta of 0.89. The business has a fifty day moving average of $1.31 and a 200-day moving average of $1.76.
Aware (NASDAQ:AWRE - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The software maker reported ($0.16) earnings per share (EPS) for the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.The business had revenue of $3.39 million during the quarter.
Hedge Funds Weigh In On Aware
Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Aware by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker's stock valued at $2,026,000 after purchasing an additional 13,070 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of Aware in the 3rd quarter valued at $193,000. CIBC Private Wealth Group LLC boosted its position in shares of Aware by 14.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker's stock valued at $193,000 after purchasing an additional 10,000 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Aware by 71.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker's stock valued at $55,000 after purchasing an additional 14,436 shares during the period. Finally, XTX Topco Ltd acquired a new position in shares of Aware in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 24.39% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Aware in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of "Sell".
Check Out Our Latest Research Report on AWRE
Aware Company Profile
(
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.
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