StockNews.com Begins Coverage on Aware (NASDAQ:AWRE)

Research analysts at StockNews.com started coverage on shares of Aware (NASDAQ:AWRE) in a research note issued on Thursday. The firm set a “buy” rating on the software maker’s stock.

Aware Stock Down 3.2 %

AWRE stock opened at $1.51 on Thursday. The company has a market cap of $32.02 million, a P/E ratio of -4.19 and a beta of 0.66. Aware has a twelve month low of $1.35 and a twelve month high of $2.97. The business has a fifty day moving average of $1.62 and a 200-day moving average of $1.74.

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

Insider Transactions at Aware

In related news, CEO Ajay K. Amlani acquired 28,950 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average cost of $1.50 per share, with a total value of $43,425.00. Following the completion of the purchase, the chief executive officer now directly owns 234,439 shares in the company, valued at approximately $351,658.50. This trade represents a 14.09 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders bought a total of 45,955 shares of company stock worth $69,108 over the last 90 days. 28.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC increased its stake in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the period. Geode Capital Management LLC owned approximately 0.80% of Aware worth $316,000 as of its most recent SEC filing. 24.39% of the stock is currently owned by institutional investors.

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.