Aware (NASDAQ:AWRE) Earns Buy Rating from Analysts at StockNews.com

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

Aware Trading Up 5.8 %

Aware stock opened at $1.64 on Thursday. The stock has a 50 day moving average of $1.61 and a two-hundred day moving average of $1.73. The stock has a market capitalization of $34.77 million, a price-to-earnings ratio of -4.56 and a beta of 0.66. Aware has a twelve month low of $1.35 and a twelve month high of $2.97.

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

Insiders Place Their Bets

In other Aware news, CEO Ajay K. Amlani acquired 28,950 shares of the firm’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 completion of the acquisition, the chief executive officer now directly 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders purchased 54,713 shares of company stock valued at $83,558. Corporate insiders own 28.00% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC boosted its position in Aware, Inc. (NASDAQ:AWRE) by 28.9% during the third quarter, according to its most recent disclosure 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 0.80% of Aware worth $316,000 as of its most recent filing with the Securities and Exchange Commission. 24.39% of the stock is owned by institutional investors and hedge funds.

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.