Asure Software (NASDAQ:ASUR) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Asure Software Inc (NASDAQ:ASUR) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $8.47 and traded as high as $9.82. Asure Software shares last traded at $9.41, with a volume of 1,938,543 shares.

Trending Headlines about Asure Software

Here are the key news stories impacting Asure Software this week:

• Positive Sentiment: Recurring revenue and profitability improved materially. Third-quarter revenue rose 10% year over year to $40.0 million, while recurring revenue increased 16% to $36.9 million. Net loss narrowed to $0.6 million from $5.4 million, and adjusted EBITDA climbed to $10.5 million from $8.1 million. Non-GAAP gross margin also expanded to 75% from 70%. Asure Announces Third Quarter 2026 Results
• Positive Sentiment: Results exceeded key estimates. Adjusted quarterly earnings were reported at $0.21 per share, above the $0.19 consensus estimate, while revenue also topped expectations. The earnings beat and year-over-year improvement likely reinforced investor confidence in Asure’s growth trajectory. Asure Software Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Management provided a constructive growth outlook. Asure forecast 2027 revenue of approximately $183 million to $187 million and highlighted expansion of Payroll Tax Management through AWS and Oracle partnerships. Cross-selling and marketplace partnerships could broaden distribution and increase revenue per customer. Asure forecasts 2027 revenue and expands Payroll Tax Management
• Neutral Sentiment: Brokerages cited a consensus price target of $13.00, suggesting potential upside, although price targets are estimates rather than guarantees. Asure Software Consensus Target Price

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ASUR shares. Wall Street Zen upgraded Asure Software from a “hold” rating to a “buy” rating in a research report on Monday, September 7th. Stephens assumed coverage on Asure Software in a research report on Friday, September 4th. They set an “overweight” rating and a $11.00 price objective for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Asure Software in a research note on Tuesday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Asure Software Price Performance

The company has a market cap of $271.76 million, a price-to-earnings ratio of -78.41, a PEG ratio of 1.12 and a beta of 0.55. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.31. The company’s 50 day moving average price is $8.02 and its 200 day moving average price is $8.47.

Insider Activity

In related news, Director Bjorn Reynolds sold 15,420 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $8.35, for a total transaction of $128,757.00. Following the completion of the transaction, the director directly owned 31,162 shares of the company’s stock, valued at $260,202.70. This represents a 33.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 8.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Asure Software

A number of institutional investors have recently added to or reduced their stakes in the business. Jupiter Topco LLC purchased a new stake in shares of Asure Software in the second quarter valued at approximately $14,537,000. Janus Henderson Group PLC raised its position in Asure Software by 10.0% in the first quarter. Janus Henderson Group PLC now owns 1,769,578 shares of the technology company’s stock worth $15,218,000 after acquiring an additional 161,074 shares in the last quarter. BlackRock Inc. purchased a new position in Asure Software in the second quarter worth $13,113,000. Dimensional Fund Advisors LP lifted its holdings in Asure Software by 4.2% in the first quarter. Dimensional Fund Advisors LP now owns 959,444 shares of the technology company’s stock valued at $8,251,000 after acquiring an additional 38,427 shares during the period. Finally, Swedbank AB lifted its holdings in Asure Software by 6.7% in the first quarter. Swedbank AB now owns 800,000 shares of the technology company’s stock valued at $6,880,000 after acquiring an additional 50,000 shares during the period. Hedge funds and other institutional investors own 71.58% of the company’s stock.

Asure Software Company Profile

Asure Software, Inc (NASDAQ: ASUR) provides cloud-based human capital management (HCM) software and services for small and midsized businesses. Its platform is designed to help employers manage core workforce and administrative processes through a unified suite of online tools.

Asure’s products and services include payroll processing and tax services, time and attendance tracking, human resources management, benefits administration, employee onboarding, talent management, and employee self-service.