Yahoo Finance The Independent Director of Aware, Inc. (NASDAQ:AWRE), John Stafford, Just Bought 6.2% More Shares
Potential Aware, Inc. (NASDAQ:AWRE) shareholders may wish to note that the Independent Director, John Stafford, recently bought US$486k worth of stock, paying US$1.65 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 6.2%.
Check out our latest analysis for Aware
Aware Insider Transactions Over The Last Year
In fact, the recent purchase by John Stafford was the biggest purchase of Aware shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$1.79 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Aware share holders is that insiders were buying at near the current price.
Aware insiders may have bought shares in the last year, but they didn't sell any. Their average price was about US$1.93. These transactions suggest that insiders have considered the current price attractive. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Aware Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 27% of Aware shares, worth about US$11m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At Aware Tell Us?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest Aware insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Aware. To that end, you should learn about the 3 warning signs we've spotted with Aware (including 1 which is a bit concerning).
But note: Aware may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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