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

Aware, Inc. (NASDAQ:AWRE) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.50 and traded as low as $1.11. Aware shares last traded at $1.11, with a volume of 35,573 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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, According to MarketBeat, the stock has an average rating of “Sell”.

Aware Stock Down 3.5%

The stock has a fifty day moving average of $1.36 and a two-hundred day moving average of $1.50. The stock has a market cap of $24.03 million, a price-to-earnings ratio of -3.08 and a beta of 1.01.

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

Insider Buying and Selling at Aware

In related news, Director John S. Stafford III purchased 57,937 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $1.25 per share, with a total value of $72,421.25. Following the purchase, the director directly owned 5,221,954 shares in the company, valued at $6,527,442.50. This trade represents a 1.12% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders have acquired 170,076 shares of company stock worth $212,569. Corporate insiders own 34.30% of the company’s stock.

Institutional Trading of Aware

Institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC grew its position in Aware by 14.3% during the third quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after buying an additional 10,000 shares during the period. Renaissance Technologies LLC lifted its position in shares of Aware by 1.6% during the 1st quarter. Renaissance Technologies LLC now owns 655,712 shares of the software maker’s stock valued at $820,000 after acquiring an additional 10,139 shares during the period. Vanguard Group Inc. lifted its position in shares of Aware by 1.6% during the 3rd 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 during the period. Goldman Sachs Group Inc. boosted its stake 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 worth $55,000 after acquiring an additional 14,436 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of Aware during the 4th quarter worth approximately $30,000. 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.