Advisor Resource Council Takes $172,000 Position in Asure Software, Inc. (NASDAQ:ASUR)

Advisor Resource Council acquired a new stake in Asure Software, Inc. (NASDAQ:ASURFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,047 shares of the technology company’s stock, valued at approximately $172,000. Advisor Resource Council owned approximately 0.07% of Asure Software as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of New York Mellon Corp boosted its holdings in Asure Software by 5.2% in the 1st quarter. Bank of New York Mellon Corp now owns 38,875 shares of the technology company’s stock worth $232,000 after acquiring an additional 1,909 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in Asure Software by 16.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 21,500 shares of the technology company’s stock worth $128,000 after acquiring an additional 3,000 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Asure Software by 7.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 382,459 shares of the technology company’s stock worth $2,276,000 after acquiring an additional 27,419 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Asure Software by 48.0% in the 1st quarter. Vanguard Group Inc. now owns 1,762,073 shares of the technology company’s stock worth $10,484,000 after purchasing an additional 571,201 shares during the last quarter. Finally, S Squared Technology LLC raised its stake in shares of Asure Software by 3.2% in the 1st quarter. S Squared Technology LLC now owns 839,409 shares of the technology company’s stock valued at $4,994,000 after purchasing an additional 25,671 shares in the last quarter. 71.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ASUR shares. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Asure Software in a report on Friday, January 19th. Barrington Research reissued an “outperform” rating and set a $17.00 price target on shares of Asure Software in a research report on Tuesday, February 27th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $15.20.

Read Our Latest Report on ASUR

Asure Software Stock Down 0.6 %

Shares of Asure Software stock opened at $8.10 on Tuesday. Asure Software, Inc. has a twelve month low of $6.30 and a twelve month high of $17.14. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.02. The business’s 50 day simple moving average is $9.15 and its 200-day simple moving average is $8.82.

Asure Software (NASDAQ:ASURGet Free Report) last issued its quarterly earnings data on Monday, February 26th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $26.26 million during the quarter, compared to analyst estimates of $26.45 million. Asure Software had a positive return on equity of 4.30% and a negative net margin of 7.74%. As a group, equities research analysts expect that Asure Software, Inc. will post 0.48 EPS for the current year.

Asure Software Company Profile

(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.

Read More

Want to see what other hedge funds are holding ASUR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Asure Software, Inc. (NASDAQ:ASURFree Report).

Institutional Ownership by Quarter for Asure Software (NASDAQ:ASUR)

Receive News & Ratings for Asure Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asure Software and related companies with MarketBeat.com's FREE daily email newsletter.