Asure Software, Inc. (NASDAQ:ASUR) Director William Carl Drew acquired 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 4th. The shares were purchased at an average price of $8.15 per share, with a total value of $163,000.00. Following the completion of the acquisition, the director now owns 37,165 shares of the company’s stock, valued at approximately $302,894.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Asure Software stock opened at $8.29 on Friday. Asure Software, Inc. has a one year low of $5.79 and a one year high of $9.25. The stock’s fifty day simple moving average is $8.14. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $157.79 million, a P/E ratio of -8.37 and a beta of 1.17.
Asure Software (NASDAQ:ASUR) last released its quarterly earnings results on Sunday, May 9th. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.05. Asure Software had a negative return on equity of 0.27% and a negative net margin of 24.33%. Equities research analysts forecast that Asure Software, Inc. will post -0.08 EPS for the current year.
Institutional investors have recently made changes to their positions in the business. BlackRock Inc. raised its position in shares of Asure Software by 5.5% in the fourth quarter. BlackRock Inc. now owns 768,091 shares of the technology company’s stock valued at $5,453,000 after purchasing an additional 39,718 shares during the period. Captrust Financial Advisors raised its holdings in Asure Software by 86.3% in the 4th quarter. Captrust Financial Advisors now owns 184,845 shares of the technology company’s stock worth $1,312,000 after acquiring an additional 85,610 shares during the period. Lynrock Lake LP acquired a new position in Asure Software during the 4th quarter worth $1,183,000. Renaissance Technologies LLC boosted its holdings in Asure Software by 524.7% during the fourth quarter. Renaissance Technologies LLC now owns 65,016 shares of the technology company’s stock valued at $462,000 after acquiring an additional 54,608 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Asure Software by 4.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 287,131 shares of the technology company’s stock valued at $2,039,000 after purchasing an additional 13,281 shares during the last quarter. 74.69% of the stock is owned by hedge funds and other institutional investors.
Asure Software Company Profile
Asure Software, Inc provides cloud-based human capital management solutions the United States. It helps various small and mid-sized businesses to develop human capital to get to the next level, stay compliant, and allocate resources toward growth. The company's solutions include Asure Payroll & Tax, an integrated cloud-based solution automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; Asure HR, a cloud-based functionality that handles HR complexities, such as employee self-service that enable employees to access information, pay history, and company documents; and Asure Time & Attendance that provides cost savings and ROI gains come in the form of strategic use of labor dollars and the elimination of time theft.
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