Asure Software, Inc. (NASDAQ:ASUR) Shares Purchased by Skylands Capital LLC

Skylands Capital LLC grew its position in shares of Asure Software, Inc. (NASDAQ:ASUR) by 28.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 174,369 shares of the technology company’s stock after purchasing an additional 38,976 shares during the quarter. Skylands Capital LLC owned 0.66% of Asure Software worth $1,641,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of ASUR. FMR LLC raised its position in Asure Software by 350.8% in the third quarter. FMR LLC now owns 6,681 shares of the technology company’s stock worth $60,000 after acquiring an additional 5,199 shares in the last quarter. Huntington National Bank acquired a new position in shares of Asure Software in the 3rd quarter worth approximately $64,000. Barclays PLC raised its holdings in shares of Asure Software by 225.7% in the 3rd quarter. Barclays PLC now owns 31,075 shares of the technology company’s stock worth $281,000 after purchasing an additional 21,533 shares in the last quarter. M&T Bank Corp acquired a new stake in Asure Software during the third quarter valued at approximately $516,000. Finally, Penbrook Management LLC boosted its holdings in Asure Software by 1.8% during the fourth quarter. Penbrook Management LLC now owns 114,035 shares of the technology company’s stock worth $1,073,000 after buying an additional 2,000 shares in the last quarter. Institutional investors own 71.58% of the company’s stock.

Wall Street Analyst Weigh In

ASUR has been the topic of several research reports. Northland Securities upped their price target on Asure Software from $12.50 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, January 8th. Stephens reaffirmed an “overweight” rating and set a $13.00 target price on shares of Asure Software in a research report on Wednesday, January 15th. Stifel Nicolaus increased their price target on Asure Software from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Barrington Research reissued an “outperform” rating and issued a $17.00 price target on shares of Asure Software in a research note on Monday, October 28th. Finally, Lake Street Capital raised shares of Asure Software from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $14.17.

Asure Software Stock Performance

ASUR stock opened at $11.25 on Monday. The stock 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. Asure Software, Inc. has a 52 week low of $6.89 and a 52 week high of $12.74. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a 50 day simple moving average of $11.01 and a 200 day simple moving average of $9.70.

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.