Asure Software, Inc. (NASDAQ:ASUR) is P.A.W. Capital Corp’s 7th Largest Position

P.A.W. Capital Corp lessened its stake in Asure Software, Inc. (NASDAQ:ASUR) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 348,839 shares of the technology company’s stock after selling 11,161 shares during the quarter. Asure Software accounts for approximately 6.3% of P.A.W. Capital Corp’s holdings, making the stock its 7th biggest position. P.A.W. Capital Corp owned approximately 1.31% of Asure Software worth $3,283,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. ArrowMark Colorado Holdings LLC bought a new stake in Asure Software in the 3rd quarter worth about $5,191,000. Needham Investment Management LLC increased its holdings in Asure Software by 25.4% in the 3rd quarter. Needham Investment Management LLC now owns 2,482,500 shares of the technology company’s stock worth $22,467,000 after buying an additional 502,500 shares in the last quarter. Rice Hall James & Associates LLC increased its holdings in Asure Software by 465.1% in the 3rd quarter. Rice Hall James & Associates LLC now owns 526,345 shares of the technology company’s stock worth $4,763,000 after buying an additional 433,197 shares in the last quarter. Tallon Kerry Patrick bought a new stake in Asure Software in the 4th quarter worth about $1,372,000. Finally, M&T Bank Corp bought a new stake in Asure Software in the 3rd quarter worth about $516,000. Hedge funds and other institutional investors own 71.58% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on ASUR. Lake Street Capital upgraded Asure Software from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Stifel Nicolaus lifted their price objective on Asure Software from $10.00 to $11.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Northland Securities lifted their price objective on Asure Software from $12.50 to $14.00 and gave the stock an “outperform” rating in a report on Wednesday, January 8th. Stephens restated an “overweight” rating and set a $13.00 price target on shares of Asure Software in a research note on Wednesday, January 15th. Finally, Barrington Research restated an “outperform” rating and set a $17.00 price target on shares of Asure Software in a research note on Monday, October 28th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, Asure Software currently has a consensus rating of “Buy” and a consensus price target of $14.17.

Asure Software Trading Down 1.4 %

Asure Software stock opened at $11.25 on Friday. The business has a 50-day simple moving average of $11.01 and a two-hundred day simple moving average of $9.69. The company has a market cap of $298.69 million, a P/E ratio of -23.94, a P/E/G ratio of 1.12 and a beta of 0.56. 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.

Asure Software Company 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.