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

Equities researchers at StockNews.com assumed coverage on shares of Aware (NASDAQ:AWRE) in a report released on Saturday. The firm set a “buy” rating on the software maker’s stock.

Aware Stock Down 2.4 %

Shares of AWRE stock opened at $1.65 on Friday. The company has a market cap of $34.99 million, a P/E ratio of -4.58 and a beta of 0.66. The business has a 50 day moving average of $1.61 and a two-hundred day moving average of $1.69. 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) earnings per share (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.

Insider Activity at Aware

In other Aware news, CEO Ajay K. Amlani bought 28,950 shares of the business’s stock in a transaction on Friday, March 7th. The shares were purchased at an average price of $1.50 per share, with a total value of $43,425.00. Following the purchase, the chief executive officer now directly owns 234,439 shares of the company’s stock, valued at approximately $351,658.50. The trade was a 14.09 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have bought a total of 54,713 shares of company stock worth $83,558 in the last ninety days. 28.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC boosted its stake in Aware, Inc. (NASDAQ:AWRE) by 28.9% in the third 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 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 quarter. 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.