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

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

Aware Price Performance

Shares of AWRE opened at $1.45 on Friday. Aware has a 1-year low of $1.35 and a 1-year high of $2.97. The company has a market capitalization of $30.75 million, a P/E ratio of -4.03 and a beta of 0.67. The firm’s 50 day simple moving average is $1.60 and its 200 day simple moving average is $1.67.

Aware (NASDAQ:AWRE) last posted its quarterly earnings data on Wednesday, March 5th. The software maker reported ($0.06) earnings per share 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

In other Aware news, CEO Ajay K. Amlani bought 28,950 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average price of $1.50 per share, for a total transaction of $43,425.00. Following the transaction, the chief executive officer now directly owns 234,439 shares in the company, 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 available at the SEC website. In the last three months, insiders have bought 54,713 shares of company stock worth $83,558. 28.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC raised its stake in Aware, Inc. (NASDAQ:AWRE) by 28.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the quarter. Geode Capital Management LLC owned 0.80% of Aware worth $316,000 at the end of the most recent quarter. 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.