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

StockNews.com assumed coverage on shares of Aware (NASDAQ:AWRE) in a report released on Thursday. The firm issued a buy rating on the software maker’s stock.

Aware Stock Performance

Shares of NASDAQ AWRE opened at $1.64 on Thursday. Aware has a 1 year low of $1.35 and a 1 year high of $2.97. The firm has a market cap of $34.77 million, a price-to-earnings ratio of -4.56 and a beta of 0.66. The stock’s 50-day simple moving average is $1.61 and its 200-day simple moving average is $1.73.

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

Insider Activity

In related news, CEO Ajay K. Amlani bought 28,950 shares of the stock in a transaction dated Friday, March 7th. The stock was bought at an average cost of $1.50 per share, with a total value of $43,425.00. Following the completion of the acquisition, the chief executive officer now owns 234,439 shares of the company’s stock, valued at $351,658.50. This trade represents a 14.09 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders purchased 54,713 shares of company stock valued at $83,558. 28.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC lifted its holdings in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 approximately 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.

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.