Asure Software Inc $ASUR Shares Purchased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC increased its position in shares of Asure Software Inc (NASDAQ:ASUR) by 39.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 595,201 shares of the technology company’s stock after purchasing an additional 167,756 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Asure Software were worth $5,607,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ASUR. BNP Paribas Financial Markets raised its holdings in Asure Software by 107.8% during the third quarter. BNP Paribas Financial Markets now owns 4,986 shares of the technology company’s stock worth $41,000 after purchasing an additional 2,586 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Asure Software by 446.8% during the second quarter. Tower Research Capital LLC TRC now owns 6,671 shares of the technology company’s stock worth $65,000 after purchasing an additional 5,451 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new position in Asure Software during the fourth quarter worth $66,000. Boston Partners purchased a new position in Asure Software during the fourth quarter worth $108,000. Finally, Invesco Ltd. purchased a new position in Asure Software during the second quarter worth $112,000. 71.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on ASUR. Wall Street Zen downgraded Asure Software from a “buy” rating to a “hold” rating in a research report on Saturday. Barrington Research reissued an “outperform” rating and set a $15.00 price target on shares of Asure Software in a research report on Friday, April 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Asure Software in a research report on Monday, April 20th. TD Cowen raised Asure Software to a “strong-buy” rating in a research report on Monday, May 18th. Finally, Zacks Research downgraded Asure Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Asure Software currently has an average rating of “Moderate Buy” and an average price target of $15.00.

Asure Software Stock Performance

Asure Software stock opened at $8.48 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.04 and a current ratio of 1.05. The stock has a fifty day moving average of $8.86 and a two-hundred day moving average of $8.81. The company has a market capitalization of $243.21 million, a price-to-earnings ratio of -23.55, a PEG ratio of 1.07 and a beta of 0.48. Asure Software Inc has a fifty-two week low of $6.80 and a fifty-two week high of $11.48.

Asure Software Profile

Asure Software, Inc (NASDAQ: ASUR) is a Texas?based technology company specializing in cloud?based workforce and workspace management solutions. The company develops software that streamlines human capital management (HCM), payroll processing, time and attendance tracking, and workspace reservation for businesses seeking to optimize employee experience and operational efficiency.

The Asure platform includes modules for payroll administration, benefits enrollment, performance management, applicant tracking and onboarding, as well as mobile and web?based timekeeping.