P.A.W. Capital Corp cut its stake in shares of Asure Software, Inc. (NASDAQ:ASUR – Free Report) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 348,839 shares of the technology company’s stock after selling 11,161 shares during the quarter. Asure Software makes up approximately 6.3% of P.A.W. Capital Corp’s holdings, making the stock its 7th biggest position. P.A.W. Capital Corp’s holdings in Asure Software were worth $3,283,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in ASUR. State Street Corp lifted its holdings in Asure Software by 0.5% in the 3rd quarter. State Street Corp now owns 429,298 shares of the technology company’s stock worth $3,885,000 after purchasing an additional 1,961 shares in the last quarter. Penbrook Management LLC raised its holdings in shares of Asure Software by 1.8% during the 4th quarter. Penbrook Management LLC now owns 114,035 shares of the technology company’s stock worth $1,073,000 after acquiring an additional 2,000 shares in the last quarter. FMR LLC raised its holdings in shares of Asure Software by 350.8% during the 3rd quarter. FMR LLC now owns 6,681 shares of the technology company’s stock worth $60,000 after acquiring an additional 5,199 shares in the last quarter. Huntington National Bank purchased a new stake in shares of Asure Software during the 3rd quarter worth approximately $64,000. Finally, Barclays PLC raised its holdings in shares of Asure Software by 225.7% during the 3rd quarter. Barclays PLC now owns 31,075 shares of the technology company’s stock worth $281,000 after acquiring an additional 21,533 shares in the last quarter. 71.58% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Northland Securities upped their price objective on Asure Software from $12.50 to $14.00 and gave the stock an “outperform” rating in a report on Wednesday, January 8th. Stephens reaffirmed an “overweight” rating and set a $13.00 price objective on shares of Asure Software in a report on Wednesday, January 15th. Barrington Research reissued an “outperform” rating and set a $17.00 target price on shares of Asure Software in a research report on Monday, October 28th. Needham & Company LLC reissued a “buy” rating and set a $20.00 target price on shares of Asure Software in a research report on Wednesday, January 15th. Finally, Stifel Nicolaus boosted their target price on Asure Software from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $14.17.
Asure Software Stock Performance
NASDAQ ASUR opened at $11.25 on Friday. The business’s 50 day moving average price is $11.01 and its 200-day moving average price is $9.69. The company has a market cap of $298.69 million, a P/E ratio of -23.94, a P/E/G ratio of 1.12 and a beta of 0.56. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07. Asure Software, Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.74.
Asure Software Profile
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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