Aware (NASDAQ:AWRE) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Aware (NASDAQ:AWRE) in a research report sent to investors on Friday morning. The firm issued a buy rating on the software maker’s stock.

Aware Price Performance

AWRE opened at $1.69 on Friday. Aware has a fifty-two week low of $1.35 and a fifty-two week high of $2.97. The firm has a market capitalization of $35.83 million, a P/E ratio of -4.69 and a beta of 0.66. The company’s 50-day moving average is $1.61 and its 200 day moving average is $1.70.

Aware (NASDAQ:AWRE) last posted its quarterly earnings data 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 firm had revenue of $4.80 million during the quarter.

Insiders Place Their Bets

In other Aware news, CEO Ajay K. Amlani bought 28,950 shares of the stock in a transaction dated Friday, March 7th. The shares were bought at an average cost of $1.50 per share, for a total transaction 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. This trade represents a 14.09 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have acquired 54,713 shares of company stock valued at $83,558. Insiders own 28.00% of the company’s stock.

Hedge Funds Weigh In On Aware

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC grew its stake in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 168,740 shares of the software maker’s stock after acquiring an additional 37,828 shares during the period. Geode Capital Management LLC owned about 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.

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.