Capstone Investment Advisors LLC Purchases 1,800 Shares of Asure Software, Inc. (NASDAQ:ASUR)

Capstone Investment Advisors LLC lifted its position in Asure Software, Inc. (NASDAQ:ASURFree Report) by 9.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,800 shares of the technology company’s stock after acquiring an additional 1,800 shares during the quarter. Capstone Investment Advisors LLC owned 0.08% of Asure Software worth $170,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Private Capital Management LLC increased its stake in Asure Software by 11.6% in the 4th quarter. Private Capital Management LLC now owns 3,924,027 shares of the technology company’s stock worth $37,357,000 after buying an additional 408,000 shares during the period. S Squared Technology LLC increased its stake in Asure Software by 13.0% in the 4th quarter. S Squared Technology LLC now owns 976,900 shares of the technology company’s stock worth $9,300,000 after buying an additional 112,479 shares during the period. Pacific Ridge Capital Partners LLC increased its stake in Asure Software by 18.3% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 745,145 shares of the technology company’s stock worth $7,094,000 after buying an additional 115,256 shares during the period. P.A.W. Capital Corp increased its stake in Asure Software by 33.3% in the 4th quarter. P.A.W. Capital Corp now owns 360,000 shares of the technology company’s stock worth $3,427,000 after buying an additional 90,000 shares during the period. Finally, First Eagle Investment Management LLC purchased a new position in Asure Software in the 4th quarter worth about $2,227,000. Institutional investors own 71.58% of the company’s stock.

Wall Street Analyst Weigh In

ASUR has been the topic of a number of research reports. Needham & Company LLC reissued a “buy” rating and set a $20.00 target price on shares of Asure Software in a research report on Thursday, May 16th. Barrington Research reissued an “outperform” rating and set a $17.00 target price on shares of Asure Software in a research report on Monday, June 17th. Finally, TD Cowen cut their target price on shares of Asure Software from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.40.

Get Our Latest Report on ASUR

Asure Software Stock Up 2.8 %

Shares of Asure Software stock opened at $8.42 on Thursday. The firm’s 50 day moving average price is $7.77 and its 200-day moving average price is $8.31. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.03. Asure Software, Inc. has a 52-week low of $6.30 and a 52-week high of $15.54. The company has a market cap of $217.32 million, a P/E ratio of -19.58, a PEG ratio of 0.78 and a beta of 0.62.

Asure Software (NASDAQ:ASURGet Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The firm had revenue of $31.65 million during the quarter, compared to analysts’ expectations of $30.98 million. Asure Software had a positive return on equity of 3.86% and a negative net margin of 8.38%. On average, sell-side analysts predict that Asure Software, Inc. will post 0.5 EPS for the current fiscal year.

Asure Software 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.

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

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