Asure Software (NASDAQ:ASUR) Given New $14.00 Price Target at Northland Securities

Asure Software (NASDAQ:ASUR) had its price objective boosted by Northland Securities from $12.50 to $14.00 in a report issued on Wednesday morning,Benzinga reports. Northland Securities currently has an outperform rating on the technology company’s stock.

Several other analysts have also recently issued reports on ASUR. Stephens initiated coverage on Asure Software in a research note on Wednesday, October 16th. They set an “overweight” rating and a $13.00 price objective on the stock. Lake Street Capital upgraded shares of Asure Software from a “hold” rating to a “buy” rating in a research note on Tuesday. Stifel Nicolaus raised their price target on shares of Asure Software from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price objective on shares of Asure Software in a research report on Friday, November 1st. Finally, Barrington Research reissued an “outperform” rating and issued a $17.00 target price on shares of Asure Software in a report on Monday, October 28th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Asure Software presently has a consensus rating of “Buy” and an average target price of $14.17.

Asure Software Price Performance

Shares of ASUR stock opened at $11.33 on Wednesday. The firm has a market cap of $300.86 million, a P/E ratio of -24.11, a P/E/G ratio of 1.64 and a beta of 0.53. The firm has a fifty day moving average of $9.39 and a two-hundred day moving average of $9.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.07 and a quick ratio of 1.07. Asure Software has a 1-year low of $6.89 and a 1-year high of $11.47.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. FMR LLC grew its holdings in Asure Software by 350.8% in the 3rd quarter. FMR LLC now owns 6,681 shares of the technology company’s stock worth $60,000 after buying an additional 5,199 shares in the last quarter. Huntington National Bank acquired a new position in Asure Software during the 3rd quarter worth $64,000. American Century Companies Inc. grew its stake in shares of Asure Software by 21.2% in the second quarter. American Century Companies Inc. now owns 27,145 shares of the technology company’s stock worth $228,000 after purchasing an additional 4,756 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of Asure Software by 11.4% during the second quarter. Rhumbline Advisers now owns 28,802 shares of the technology company’s stock valued at $242,000 after purchasing an additional 2,948 shares during the period. Finally, Barclays PLC raised its stake in shares of Asure Software by 225.7% during the third quarter. Barclays PLC now owns 31,075 shares of the technology company’s stock valued at $281,000 after purchasing an additional 21,533 shares in the last quarter. Institutional investors own 71.58% of the company’s stock.

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.