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

Equities research analysts at StockNews.com started coverage on shares of Aware (NASDAQ:AWRE) in a research report issued to clients and investors on Friday. The firm set a “buy” rating on the software maker’s stock.

Aware Stock Up 0.6 %

AWRE opened at $1.69 on Friday. The stock’s fifty day moving average is $1.61 and its two-hundred day moving average is $1.71. The company has a market capitalization of $35.83 million, a P/E ratio of -4.69 and a beta of 0.66. Aware has a 52 week low of $1.35 and a 52 week high of $2.97.

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

Insider Activity

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Aware stock. Corsair Capital Management L.P. bought a new position in shares of Aware, Inc. (NASDAQ:AWRE) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 78,028 shares of the software maker’s stock, valued at approximately $146,000. Corsair Capital Management L.P. owned about 0.37% of Aware at the end of the most recent reporting period. 24.39% of the stock is currently owned by institutional investors and hedge funds.

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.