Aware (NASDAQ:AWRE) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Aware, Inc. (NASDAQ:AWRE) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.53 and traded as low as $1.31. Aware shares last traded at $1.38, with a volume of 37,198 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aware in a report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Aware Price Performance

The stock has a market cap of $29.88 million, a price-to-earnings ratio of -3.83 and a beta of 1.01. The stock has a fifty day moving average of $1.37 and a 200 day moving average of $1.53.

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

Insider Buying and Selling

In related news, Director John S. Stafford III purchased 57,937 shares of the business’s stock in a transaction 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 transaction, the director owned 5,221,954 shares of the company’s stock, valued at approximately $6,527,442.50. This trade represents a 1.12% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired 170,076 shares of company stock valued at $212,569 over the last 90 days. 34.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Aware

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in 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 acquiring an additional 13,070 shares in the last quarter. Renaissance Technologies LLC boosted its position in Aware by 1.6% in the 1st quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock worth $820,000 after purchasing an additional 10,139 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in Aware in the 3rd quarter worth approximately $193,000. CIBC Private Wealth Group LLC grew its stake in shares of Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after purchasing an additional 10,000 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Aware by 71.6% during the 1st 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 in the last quarter. Hedge funds and other institutional investors own 24.39% of the company’s stock.

About Aware

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.