Key Points
- CEO Ajay Amlani bought 23,690 Aware shares at $0.94 each, spending $22,268.60 and increasing his holdings by 2.43% to 996,909 shares.
- Aware beat quarterly estimates, reporting a loss of $0.04 per share versus the forecast loss of $0.10, and revenue of $4.42 million versus $3.70 million expected. The company nevertheless recorded a negative net margin of 52.6%.
- Analyst sentiment remains negative: the average rating is “Sell,” and Weiss Ratings lowered its rating to “sell (e+).”
Aware, Inc. (NASDAQ:AWRE - Get Free Report) CEO Ajay Amlani purchased 23,690 shares of the stock in a transaction on Monday, November 2nd. The shares were bought at an average price of $0.94 per share, for a total transaction of $22,268.60. Following the acquisition, the chief executive officer owned 996,909 shares of the company's stock, valued at approximately $937,094.46. The trade was a 2.43% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Aware Stock Up 0.0%
NASDAQ:AWRE opened at $0.91 on Wednesday. The company's 50 day moving average is $1.08 and its 200-day moving average is $1.32. Aware, Inc. has a 12 month low of $0.82 and a 12 month high of $2.57. The firm has a market cap of $19.90 million, a price-to-earnings ratio of -2.33 and a beta of 1.16.
Aware (NASDAQ:AWRE - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.06. Aware had a negative net margin of 52.60% and a negative return on equity of 36.87%. The business had revenue of $4.42 million during the quarter, compared to the consensus estimate of $3.70 million.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Aware stock. Renaissance Technologies LLC grew its holdings in Aware, Inc. (NASDAQ:AWRE - Free Report) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 655,712 shares of the software maker's stock after acquiring an additional 10,139 shares during the quarter. Renaissance Technologies LLC owned 3.03% of Aware worth $820,000 as of its most recent filing with the Securities and Exchange Commission. 24.39% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut shares of Aware from a "sell (d-)" rating to a "sell (e+)" rating in a report on Monday. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has an average rating of "Sell".
Get Our Latest Analysis on AWRE
Aware Company Profile
(
Get Free Report)
Aware, Inc (NASDAQ: AWRE) develops biometric software and identity-management solutions for government and commercial organizations. Its technology supports the collection, processing, storage, matching and management of biometric data, including fingerprints, facial images and iris images.
The company's product portfolio includes automated biometric identification systems, biometric data-management platforms, software development kits and mobile enrollment and authentication tools. These solutions are designed for applications such as civil identity programs, border management, law enforcement, defense, public safety and secure digital authentication.
Aware serves customers in the United States and international markets, working with government agencies, systems integrators and other organizations that require identity verification and biometric processing capabilities.
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