Asure Software, Inc. (NASDAQ:ASUR) CRO Sells $240,192.00 in Stock

Asure Software, Inc. (NASDAQ:ASUR – Get Rating) CRO Eyal Goldstein sold 16,680 shares of Asure Software stock in a transaction on Monday, March 6th. The stock was sold at an average price of $14.40, for a total transaction of $240,192.00. Following the completion of the transaction, the executive now directly owns 81,617 shares of the company’s stock, valued at approximately $1,175,284.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Eyal Goldstein also recently made the following trade(s):

• On Friday, March 3rd, Eyal Goldstein sold 624 shares of Asure Software stock. The stock was sold at an average price of $14.56, for a total transaction of $9,085.44.

Asure Software Stock Down 3.5 %

Shares of NASDAQ ASUR opened at $14.13 on Friday. Asure Software, Inc. has a fifty-two week low of $4.87 and a fifty-two week high of $14.83. The firm’s 50-day simple moving average is $10.98 and its 200 day simple moving average is $8.12. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.03 and a current ratio of 1.03.

Institutional Investors Weigh In On Asure Software

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Private Capital Management LLC raised its stake in shares of Asure Software by 1.8% during the third quarter. Private Capital Management LLC now owns 3,470,624 shares of the technology company’s stock valued at $19,852,000 after purchasing an additional 62,709 shares in the last quarter. ArrowMark Colorado Holdings LLC raised its position in Asure Software by 14.4% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 1,778,292 shares of the technology company’s stock worth $16,609,000 after acquiring an additional 223,525 shares in the last quarter. Vanguard Group Inc. raised its position in Asure Software by 48.0% in the first quarter. Vanguard Group Inc. now owns 1,762,073 shares of the technology company’s stock worth $10,484,000 after acquiring an additional 571,201 shares in the last quarter. Archon Capital Management LLC raised its position in Asure Software by 1.9% in the fourth quarter. Archon Capital Management LLC now owns 1,294,987 shares of the technology company’s stock worth $12,095,000 after acquiring an additional 23,953 shares in the last quarter. Finally, S Squared Technology LLC raised its position in Asure Software by 4.9% in the third quarter. S Squared Technology LLC now owns 880,196 shares of the technology company’s stock worth $5,035,000 after acquiring an additional 40,787 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ASUR. UBS Group reissued a “sell” rating on shares of Asure Software in a report on Thursday, December 15th. Craig Hallum boosted their price target on shares of Asure Software to $10.00 in a report on Tuesday, November 15th. TheStreet raised shares of Asure Software from a “d+” rating to a “c-” rating in a report on Monday, November 28th. Cowen boosted their price target on shares of Asure Software to $8.00 in a report on Tuesday, November 15th. Finally, Lake Street Capital boosted their price target on shares of Asure Software from $12.00 to $17.00 and gave the company a “buy” rating in a report on Tuesday, February 28th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $15.43.

Asure Software Company Profile

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Asure Software, Inc delivers human capital management solutions through the lens of entrepreneurs and executives with an owner’s mentality. It helps small and mid-sized businesses to develop their human capital and allocate their time, money and technology toward growth. Its solutions include Asure Payroll & Tax, Asure HR, and Asure Time & Attendance.