Shares of Asure Software, Inc. (Nasdaq: Asur – free report) have received a consensus recommendation of “buy” by the six analysts who are currently covering the company, MarketBeat.com reports. Six research analysts have assessed the shares with a buy -rating. The average price objective of twelve months among brokers who have spent ratings on the share in the past year is $ 15.00.
A number of analysts have recently weighed in Asur shares. Stephens confirmed a “considered” rating and set a price target of $ 13.00 on shares of Asure Software in a report on Friday 7 March. Barrington Research has adjusted an “Outperform” rating in a report on Tuesday 27 May and set a price target of $ 17.00 on shares of Asure Software. Finally, Needham & Company LLC repeated a ‘buy’ rating and in a report on Friday 2 May he spent a price objective of $ 20.00 on shares of Asure Software.
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Insider activity
In related news, director Grace G. Lee sold 7,500 shares of the shares of the company in a transaction of Monday 17 March. The shares were sold at an average price of $ 9.51, for a total value of $ 71,325.00. After the transaction, the director now has 32,215 shares of the shares of the company, with a value of approximately $ 306,364.65. This trade represents a decrease of 18.88% in their position. The sale was announced in a legal application at the Securities & Exchange Commission, which is accessible via the SEC website. Director Ben F. Allen also sold 10,000 shares of the shares of the company in a transaction on Thursday 8 May. The share was sold at an average price of $ 10.00, for a total transaction of $ 100,000.00. After completing the sale, the director now has 47,645 shares of the shares of the company, with a value of approximately $ 476,450. Trade was a decrease of 17.35% in their position. The disclosure for this sale can be found here. In the past three months, insiders have sold 18,331 shares of company shares with a value of $ 179,228. 8.70% of the shares are currently owned by insiders.
Institutional investors weigh on Asure software
Institutional investors recently added or reduced their interests in the company. Kennedy Capital Management LLC bought a new position in Asure software worth $ 3,338,000 in the 4th quarter. In the 1st quarter, Advisor Resource Council bought a new position in shares of Asure Software worth $ 1,864,000. Royce & Associates LP bought a new position in ASURE Software in the 4th quarter worth $ 1,623,000. Tallon Kerry Patrick bought a new position in shares of Asure Software worth $ 1,372,000 in the 4th quarter. Finally, Arrowmark Colorado Holdings LLC are participations in Asure software with 24.5% in the 4th quarter. Arrowmark Colorado Holdings LLC now has 714,330 shares of the shares of the technology company worth $ 6.722,000 after acquiring an additional 140,711 shares in the last quarter. 71.58% of the shares are owned by institutional investors.
Asure software trades 1.6%
Nasdaq: Asur is open on Wednesday for $ 9.59. The company has a rapid ratio of 1.07, a current ratio of 1.07 and a debt / equity ratio of 0.04. ASURE software has a low of twelve months of $ 7.51 and a highest point in twelve months of $ 12.74. The company has a progressive average price of 50 days of $ 9.65 and a progressive average price of two hundred day of $ 10.17. The company has a market capitalization of $ 260.41 million, a p/e rat of -20.40, a price-gain growth of 1.11 and a beta of 0.41.
Asure software (Nasdaq: Asur – Get Free Report) was last released its win results on Thursday 1 May. The technology company reported $ 0.12 profit per share for the quarter and missed the consensus estimate of $ 0.18 with ($ 0.06). Asure software had a negative net margin of 10.54% and a positive return on equity of 3.75%. As a group, analysts expect ASURE software to make 0.37 profit per share for the current tax year.
About Asures software
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Asure Software, Inc is involved in offering cloud-based software solutions for Human Capital Management (HCM) in the United States. It offers its Human Resources (HR) tool as a software-as-a-service that helps various small and medium-sized companies to build productive workforce to help them stay in accordance with and to allocate resources to grow their business.
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