Key Points
- Aware CEO Ajay Amlani bought 10,140 shares at $1.25 each, a $12,675 purchase that increased his stake by 1.14% to 903,248 shares. The transaction was disclosed in an SEC filing and signals insider confidence.
- AWRE shares remain under pressure, trading near the low end of their 52-week range and well below the 200-day moving average. The stock opened at $1.27, versus a 52-week high of $2.95 and low of $1.02.
- Fundamentals and sentiment remain weak after Aware reported a quarterly loss of $0.16 per share on revenue of $3.39 million. Analysts currently have a consensus Sell rating on the stock.
Aware, Inc. (NASDAQ:AWRE - Get Free Report) CEO Ajay Amlani bought 10,140 shares of the company's stock in a transaction on Friday, May 15th. The stock was purchased at an average cost of $1.25 per share, for a total transaction of $12,675.00. Following the completion of the transaction, the chief executive officer owned 903,248 shares in the company, valued at approximately $1,129,060. The trade was a 1.14% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Aware Price Performance
Shares of AWRE stock opened at $1.27 on Tuesday. Aware, Inc. has a fifty-two week low of $1.02 and a fifty-two week high of $2.95. The stock's 50-day moving average is $1.29 and its two-hundred day moving average is $1.75. The firm has a market cap of $27.47 million, a P/E ratio of -3.53 and a beta of 0.89.
Aware (NASDAQ:AWRE - Get Free Report) last issued its earnings results on Wednesday, April 29th. The software maker reported ($0.16) earnings per share for the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.The firm had revenue of $3.39 million during the quarter.
Aware News Summary
Here are the key news stories impacting Aware this week:
- Positive Sentiment: CEO Ajay K. Amlani bought 10,140 shares at $1.25 and then added another 734 shares at $1.21, increasing his ownership and signaling continued confidence in Aware’s prospects. SEC filing
- Neutral Sentiment: The company’s shares have been trading near the low end of their recent range, and the stock is still well below its 200-day average, which suggests investors remain cautious despite the insider buying.
- Negative Sentiment: Aware’s recent earnings showed a loss and weak profitability, with negative EPS, revenue of $3.39 million, and negative margins, which may continue to weigh on the stock’s valuation.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Aware in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of "Sell".
Get Our Latest Stock Analysis on AWRE
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. XTX Topco Ltd acquired a new position in shares of Aware during the 4th quarter valued at about $30,000. Pekin Hardy Strauss Inc. acquired a new position in shares of Aware during the 3rd quarter valued at about $42,000. Goldman Sachs Group Inc. increased its holdings in shares of Aware by 71.6% during the 1st 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 last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of Aware during the 3rd quarter valued at about $193,000. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Aware by 14.3% during the 3rd 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 last quarter. Institutional investors and hedge funds own 24.39% of the company's stock.
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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