Aware (NASDAQ:AWRE) Coverage Initiated by Analysts at StockNews.com

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

Aware Stock Up 2.3 %

AWRE opened at $1.53 on Monday. The firm has a market capitalization of $32.34 million, a P/E ratio of -4.24 and a beta of 0.67. The stock has a fifty day moving average of $1.58 and a 200-day moving average of $1.65. Aware 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 for the quarter. Aware had a negative net margin of 44.06% and a negative return on equity of 14.46%. The business had revenue of $4.80 million for the quarter.

Insider Activity at Aware

In other news, CEO Ajay K. Amlani acquired 28,950 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average cost of $1.50 per share, for a total transaction of $43,425.00. Following the completion of the acquisition, the chief executive officer now owns 234,439 shares in the company, valued at approximately $351,658.50. The trade was a 14.09 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have purchased 54,713 shares of company stock valued at $83,558. Corporate insiders own 28.00% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC increased its position in Aware, Inc. (NASDAQ:AWRE) by 28.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 168,740 shares of the software maker’s stock after buying an additional 37,828 shares during the period. Geode Capital Management LLC owned 0.80% of Aware worth $316,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 24.39% of the company’s stock.

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.