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

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

Aware Trading Down 2.4 %

AWRE opened at $1.65 on Friday. Aware has a twelve month low of $1.35 and a twelve month high of $2.97. The firm has a market cap of $34.99 million, a price-to-earnings ratio of -4.58 and a beta of 0.66. The company has a fifty day simple moving average of $1.61 and a 200 day simple moving average of $1.69.

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

Insider Activity

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

Institutional Trading of Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC grew its position in Aware, Inc. (NASDAQ:AWRE) by 28.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 168,740 shares of the software maker’s stock after acquiring an additional 37,828 shares during the quarter. Geode Capital Management LLC owned approximately 0.80% of Aware worth $316,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.