Asure Software, Inc. (NASDAQ:ASUR) Holdings Lifted by P.A.W. Capital Corp

P.A.W. Capital Corp raised its holdings in shares of Asure Software, Inc. (NASDAQ:ASUR) by 13.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 420,000 shares of the technology company’s stock after purchasing an additional 50,000 shares during the period. Asure Software accounts for about 8.6% of P.A.W. Capital Corp’s holdings, making the stock its 6th largest holding. P.A.W. Capital Corp owned about 1.63% of Asure Software worth $3,528,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in Asure Software by 45.1% in the first quarter. BNP Paribas Financial Markets now owns 10,929 shares of the technology company’s stock worth $85,000 after buying an additional 3,398 shares during the period. Capstone Investment Advisors LLC boosted its position in shares of Asure Software by 9.0% during the first quarter. Capstone Investment Advisors LLC now owns 21,800 shares of the technology company’s stock valued at $170,000 after purchasing an additional 1,800 shares in the last quarter. Rhumbline Advisers grew its stake in Asure Software by 11.4% in the second quarter. Rhumbline Advisers now owns 28,802 shares of the technology company’s stock worth $242,000 after purchasing an additional 2,948 shares during the period. Aristides Capital LLC bought a new position in Asure Software in the fourth quarter worth $255,000. Finally, GSA Capital Partners LLP lifted its position in Asure Software by 20.7% during the first quarter. GSA Capital Partners LLP now owns 62,740 shares of the technology company’s stock valued at $488,000 after buying an additional 10,752 shares during the period. Hedge funds and other institutional investors own 71.58% of the company’s stock.

Insiders Place Their Bets

In other Asure Software news, Director Daniel M. Gill sold 5,000 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $8.69, for a total transaction of $43,450.00. Following the transaction, the director now owns 28,165 shares in the company, valued at approximately $244,753.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Asure Software news, CRO Eyal Goldstein sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $8.44, for a total value of $84,400.00. Following the transaction, the executive now directly owns 239,243 shares in the company, valued at $2,019,210.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Daniel M. Gill sold 5,000 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $8.69, for a total transaction of $43,450.00. Following the sale, the director now directly owns 28,165 shares of the company’s stock, valued at approximately $244,753.85. The disclosure for this sale can be found here. Corporate insiders own 8.90% of the company’s stock.

Asure Software Stock Performance

Shares of ASUR stock opened at $8.39 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market capitalization of $222.00 million, a price-to-earnings ratio of -19.51, a price-to-earnings-growth ratio of 0.84 and a beta of 0.55. Asure Software, Inc. has a one year low of $6.30 and a one year high of $12.52. The company’s 50-day moving average is $8.83 and its 200 day moving average is $8.28.

Asure Software (NASDAQ:ASUR) last posted its quarterly earnings results on Thursday, August 1st. The technology company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). Asure Software had a negative net margin of 9.07% and a positive return on equity of 3.75%. The firm had revenue of $28.04 million for the quarter, compared to analysts’ expectations of $28.56 million. Sell-side analysts expect that Asure Software, Inc. will post 0.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ASUR shares. Barrington Research reiterated an “outperform” rating and issued a $17.00 price target on shares of Asure Software in a research note on Friday, July 26th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 target price on shares of Asure Software in a research note on Friday, August 2nd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Asure Software has a consensus rating of “Moderate Buy” and a consensus target price of $13.40.

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.