Dimensional Fund Advisors LP purchased a new position in shares of Asure Software Inc (NASDAQ:ASUR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 50,462 shares of the technology company’s stock, valued at approximately $519,000.
Other hedge funds also recently added to or reduced their stakes in the company. Alambic Investment Management L.P. bought a new stake in shares of Asure Software in the 1st quarter worth approximately $122,000. Russell Investments Group Ltd. raised its holdings in shares of Asure Software by 31.7% in the 1st quarter. Russell Investments Group Ltd. now owns 61,002 shares of the technology company’s stock worth $627,000 after purchasing an additional 14,679 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its holdings in shares of Asure Software by 20.0% in the 1st quarter. Pacific Ridge Capital Partners LLC now owns 292,777 shares of the technology company’s stock worth $3,010,000 after purchasing an additional 48,867 shares in the last quarter. Finally, Wells Fargo & Company MN bought a new stake in shares of Asure Software in the 1st quarter worth approximately $525,000. Institutional investors own 39.68% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Dimensional Fund Advisors LP Purchases New Stake in Asure Software Inc (NASDAQ:ASUR)” was first posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://baseballnewssource.com/markets/dimensional-fund-advisors-lp-invests-519000-in-asure-software-inc-asur-stock/1603884.html.
A number of analysts recently commented on ASUR shares. Northland Securities set a $18.00 target price on shares of Asure Software and gave the stock a “buy” rating in a report on Tuesday, August 15th. Canaccord Genuity restated a “buy” rating and set a $18.00 price target on shares of Asure Software in a report on Monday, August 14th. Zacks Investment Research upgraded shares of Asure Software from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Thursday, June 29th. Scotiabank lowered shares of Asure Software from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 7th. Finally, Cowen and Company started coverage on shares of Asure Software in a research report on Wednesday, September 6th. They set an “outperform” rating and a $16.00 price objective on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. Asure Software has a consensus rating of “Buy” and a consensus target price of $15.88.
Shares of Asure Software Inc (NASDAQ:ASUR) traded down 0.66% during mid-day trading on Friday, hitting $10.46. 43,566 shares of the stock were exchanged. The company’s market capitalization is $129.92 million. The firm has a 50-day moving average price of $11.87 and a 200 day moving average price of $12.38. Asure Software Inc has a 12-month low of $5.56 and a 12-month high of $17.27.
Asure Software (NASDAQ:ASUR) last released its quarterly earnings results on Monday, August 14th. The technology company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.06). Asure Software had a negative net margin of 5.73% and a positive return on equity of 6.93%. The business had revenue of $12.88 million during the quarter, compared to analysts’ expectations of $12.23 million. On average, equities research analysts expect that Asure Software Inc will post $0.52 earnings per share for the current year.
Asure Software Company Profile
Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.
Receive News & Ratings for Asure Software Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asure Software Inc and related companies with our FREE daily email newsletter.