Ajay K. Amlani Acquires 14,505 Shares of Aware, Inc. (NASDAQ:AWRE) Stock

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

Aware Price Performance

AWRE opened at $1.55 on Friday. The stock has a market capitalization of $32.87 million, a PE ratio of -4.31 and a beta of 0.66. The firm’s fifty day moving average price is $1.61 and its 200 day moving average price is $1.74. Aware, Inc. has a 12-month low of $1.35 and a 12-month high of $2.97.

Aware (NASDAQ:AWRE) last posted its quarterly earnings results on Wednesday, March 5th. The software maker reported ($0.06) earnings per share (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%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Aware in a report on Thursday. They issued a “buy” rating on the stock.

Institutional Trading of Aware

A hedge fund recently bought a new stake in Aware stock. Corsair Capital Management L.P. bought a new position in shares of Aware, Inc. (NASDAQ:AWRE) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 78,028 shares of the software maker’s stock, valued at approximately $146,000. Corsair Capital Management L.P. owned 0.37% of Aware as of its most recent filing with the Securities and Exchange Commission (SEC). 24.39% of the stock is currently owned by institutional investors and hedge funds.

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.