Aware (NASDAQ:AWRE) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Aware (NASDAQ:AWRE) in a report released on Tuesday. The brokerage set a “buy” rating on the software maker’s stock.

Aware Stock Up 21.1 %

AWRE stock opened at $1.95 on Tuesday. The company has a 50 day moving average of $1.61 and a two-hundred day moving average of $1.90. The company has a market cap of $41.35 million, a price-to-earnings ratio of -5.42 and a beta of 0.77. Aware has a 12-month low of $1.35 and a 12-month high of $2.97.

Institutional Trading of Aware

A number of institutional investors have recently bought and sold shares of AWRE. Renaissance Technologies LLC increased its position in Aware by 3.7% in the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after purchasing an additional 25,800 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Aware by 28.9% in the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after buying an additional 37,828 shares in the last quarter. Finally, Corsair Capital Management L.P. acquired a new position in Aware in the third quarter worth approximately $146,000. Institutional investors and hedge funds 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.