Aware (NASDAQ:AWRE) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Aware, Inc. (NASDAQ:AWRE)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.66 and traded as low as $1.35. Aware shares last traded at $1.35, with a volume of 15,117 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aware in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Aware Stock Down 8.2%

The firm has a market cap of $29.23 million, a PE ratio of -3.75 and a beta of 0.99. The stock has a 50-day simple moving average of $1.30 and a two-hundred day simple moving average of $1.66.

Aware (NASDAQ:AWRE) last released its quarterly earnings data on Wednesday, April 29th. The software maker reported ($0.16) EPS for the quarter. The company had revenue of $3.39 million during the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.

Insider Activity

In other Aware news, Director John S. Stafford III bought 57,937 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average cost of $1.25 per share, with a total value of $72,421.25. Following the completion of the purchase, the director directly owned 5,221,954 shares of the company’s stock, valued at $6,527,442.50. This trade represents a 1.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders bought 181,504 shares of company stock valued at $225,236 over the last quarter. 34.30% of the stock is owned by company insiders.

Institutional Trading of Aware

Several large investors have recently modified their holdings of AWRE. CIBC Bancorp USA Inc. bought a new stake in shares of Aware in the third quarter worth about $193,000. Pekin Hardy Strauss Inc. purchased a new position in shares of Aware during the third quarter valued at approximately $42,000. XTX Topco Ltd purchased a new position in shares of Aware during the fourth quarter valued at approximately $30,000. Goldman Sachs Group Inc. lifted its holdings in shares of Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after purchasing an additional 14,436 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Aware by 1.6% during the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after purchasing an additional 13,070 shares during the last quarter. 24.39% of the stock is owned by institutional investors.

Aware Company Profile

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.