Asure Software Inc $ASUR Shares Sold by S Squared Technology LLC

S Squared Technology LLC lessened its position in Asure Software Inc (NASDAQ:ASUR) by 14.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 399,360 shares of the technology company’s stock after selling 65,869 shares during the period. Asure Software comprises 1.5% of S Squared Technology LLC’s portfolio, making the stock its 23rd largest holding. S Squared Technology LLC owned approximately 1.44% of Asure Software worth $3,762,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Asure Software by 3.1% in the third quarter. Vanguard Group Inc. now owns 1,401,318 shares of the technology company’s stock valued at $11,491,000 after buying an additional 41,539 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Asure Software by 0.6% during the third quarter. Dimensional Fund Advisors LP now owns 925,362 shares of the technology company’s stock worth $7,588,000 after purchasing an additional 5,855 shares during the last quarter. ArrowMark Colorado Holdings LLC increased its position in Asure Software by 7.7% during the third quarter. ArrowMark Colorado Holdings LLC now owns 866,474 shares of the technology company’s stock worth $7,105,000 after purchasing an additional 62,231 shares during the last quarter. Wasatch Advisors LP increased its position in Asure Software by 19.6% during the second quarter. Wasatch Advisors LP now owns 770,025 shares of the technology company’s stock worth $7,515,000 after purchasing an additional 126,450 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Asure Software by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 599,370 shares of the technology company’s stock worth $5,648,000 after purchasing an additional 6,738 shares during the last quarter. Institutional investors and hedge funds own 71.58% of the company’s stock.

Asure Software Price Performance

ASUR opened at $8.79 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.31. Asure Software Inc has a 52-week low of $6.80 and a 52-week high of $11.48. The company has a 50 day moving average of $8.86 and a two-hundred day moving average of $8.80. The company has a market cap of $252.10 million, a P/E ratio of -24.42, a P/E/G ratio of 1.07 and a beta of 0.48.

Analyst Upgrades and Downgrades

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

Asure Software Company 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.