Asure Software, Inc. (NASDAQ:ASUR - Get Free Report) Director Grace G. Lee sold 7,500 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $9.51, for a total value of $71,325.00. Following the completion of the sale, the director now owns 32,215 shares in the company, valued at $306,364.65. This trade represents a 18.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Asure Software Stock Performance
Shares of ASUR opened at $10.32 on Thursday. Asure Software, Inc. has a one year low of $6.89 and a one year high of $12.74. The company has a market cap of $278.42 million, a PE ratio of -21.96, a P/E/G ratio of 1.11 and a beta of 0.60. The stock has a 50-day moving average of $11.23 and a 200-day moving average of $9.92. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.07 and a quick ratio of 1.07.
Institutional Investors Weigh In On Asure Software
Hedge funds have recently added to or reduced their stakes in the company. ArrowMark Colorado Holdings LLC acquired a new position in shares of Asure Software during the third quarter worth approximately $5,191,000. Needham Investment Management LLC raised its holdings in Asure Software by 25.4% during the third quarter. Needham Investment Management LLC now owns 2,482,500 shares of the technology company's stock worth $22,467,000 after buying an additional 502,500 shares during the last quarter. Kennedy Capital Management LLC bought a new position in shares of Asure Software in the fourth quarter valued at $3,338,000. Royce & Associates LP acquired a new position in shares of Asure Software during the fourth quarter valued at about $1,623,000. Finally, Tallon Kerry Patrick bought a new stake in shares of Asure Software during the fourth quarter worth about $1,372,000. Institutional investors and hedge funds own 71.58% of the company's stock.
Wall Street Analyst Weigh In
ASUR has been the subject of a number of recent analyst reports. Stephens reissued an "overweight" rating and set a $13.00 target price on shares of Asure Software in a research report on Friday, March 7th. Barrington Research reissued an "outperform" rating and set a $17.00 target price on shares of Asure Software in a research note on Friday, March 7th. Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 price target on shares of Asure Software in a research report on Friday, March 7th. Northland Securities lifted their price objective on Asure Software from $12.50 to $14.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus raised their target price on Asure Software from $10.00 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday, December 18th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Asure Software has a consensus rating of "Buy" and an average price target of $14.17.
Read Our Latest Analysis on ASUR
About Asure Software
(
Get Free Report)
Asure Software, Inc engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build productive workforce to help them stay compliant and allocate resources to grow their business.
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