American Century Companies Inc. Boosts Holdings in Asure Software, Inc. (NASDAQ:ASUR)

American Century Companies Inc. lifted its position in shares of Asure Software, Inc. (NASDAQ:ASUR) by 8.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,313 shares of the technology company’s stock after buying an additional 3,078 shares during the period. American Century Companies Inc. owned approximately 0.15% of Asure Software worth $370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in ASUR. Royce & Associates LP acquired a new stake in shares of Asure Software during the fourth quarter valued at about $1,623,000. Tallon Kerry Patrick acquired a new stake in Asure Software in the 4th quarter valued at approximately $1,372,000. Anchor Capital Advisors LLC purchased a new stake in Asure Software in the fourth quarter valued at approximately $1,138,000. M&T Bank Corp purchased a new stake in Asure Software in the third quarter valued at approximately $516,000. Finally, Skylands Capital LLC lifted its stake in Asure Software by 28.8% during the fourth quarter. Skylands Capital LLC now owns 174,369 shares of the technology company’s stock worth $1,641,000 after purchasing an additional 38,976 shares in the last quarter. 71.58% of the stock is currently owned by institutional investors and hedge funds.

Asure Software Stock Up 0.3 %

Shares of Asure Software stock opened at $9.19 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.04. Asure Software, Inc. has a 52-week low of $6.89 and a 52-week high of $12.74. The company has a market capitalization of $247.94 million, a P/E ratio of -19.55, a P/E/G ratio of 1.11 and a beta of 0.41. The company has a 50 day moving average of $10.28 and a 200 day moving average of $9.99.

Insider Activity

In other news, Director Grace G. Lee sold 7,500 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $9.51, for a total value of $71,325.00. Following the transaction, the director now owns 32,215 shares in the company, valued at approximately $306,364.65. This represents a 18.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 8.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ASUR shares. Stephens reiterated an “overweight” rating and issued a $13.00 price objective on shares of Asure Software in a report on Friday, March 7th. Barrington Research reissued an “outperform” rating and set a $17.00 price target on shares of Asure Software in a research report on Friday, March 7th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Asure Software in a research note on Friday, March 7th. Stifel Nicolaus upped their target price on shares of Asure Software from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, Lake Street Capital raised shares of Asure Software from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Asure Software has a consensus rating of “Buy” and a consensus target price of $14.17.

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.