Aware (NASDAQ:AWRE) Now Covered by StockNews.com

StockNews.com started coverage on shares of Aware (NASDAQ:AWRE) in a research report sent to investors on Saturday morning. The brokerage issued a buy rating on the software maker’s stock.

Aware Trading Down 2.4 %

NASDAQ:AWRE opened at $1.65 on Friday. The firm has a market capitalization of $34.99 million, a PE ratio of -4.58 and a beta of 0.66. Aware has a 1 year low of $1.35 and a 1 year high of $2.97. The firm’s fifty day simple moving average is $1.61 and its 200 day simple moving average is $1.69.

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

Insiders Place Their Bets

In other Aware news, CEO Ajay K. Amlani bought 28,950 shares of the company’s stock in a transaction on Friday, March 7th. The stock was bought at an average price of $1.50 per share, for a total transaction of $43,425.00. Following the transaction, the chief executive officer now owns 234,439 shares of the company’s stock, valued at approximately $351,658.50. The trade was a 14.09 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders bought 54,713 shares of company stock valued at $83,558. 28.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

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

Aware Company Profile

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.