Asure Software, Inc. (NASDAQ:ASUR) Shares Bought by Barclays PLC

Barclays PLC grew its stake in shares of Asure Software, Inc. (NASDAQ:ASUR) by 225.7% during the third quarter, HoldingsChannel reports. The firm owned 31,075 shares of the technology company’s stock after buying an additional 21,533 shares during the period. Barclays PLC’s holdings in Asure Software were worth $281,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC increased its position in shares of Asure Software by 350.8% during the third quarter. FMR LLC now owns 6,681 shares of the technology company’s stock worth $60,000 after acquiring an additional 5,199 shares during the last quarter. Huntington National Bank purchased a new stake in shares of Asure Software during the third quarter worth about $64,000. American Century Companies Inc. increased its holdings in Asure Software by 21.2% in the second quarter. American Century Companies Inc. now owns 27,145 shares of the technology company’s stock valued at $228,000 after buying an additional 4,756 shares during the last quarter. Rhumbline Advisers increased its holdings in Asure Software by 11.4% in the second quarter. Rhumbline Advisers now owns 28,802 shares of the technology company’s stock valued at $242,000 after buying an additional 2,948 shares during the last quarter. Finally, Perritt Capital Management Inc increased its holdings in Asure Software by 25.4% in the second quarter. Perritt Capital Management Inc now owns 43,877 shares of the technology company’s stock valued at $369,000 after buying an additional 8,877 shares during the last quarter. 71.58% of the stock is owned by hedge funds and other institutional investors.

Asure Software Stock Performance

Shares of NASDAQ ASUR opened at $9.65 on Monday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. The stock has a 50 day simple moving average of $9.31 and a 200-day simple moving average of $9.02. The company has a market cap of $256.25 million, a PE ratio of -20.53, a P/E/G ratio of 1.64 and a beta of 0.53. Asure Software, Inc. has a 12-month low of $6.89 and a 12-month high of $10.52.

Analyst Ratings Changes

Several brokerages recently weighed in on ASUR. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Asure Software in a report on Friday, November 1st. Stephens began coverage on Asure Software in a report on Wednesday, October 16th. They set an “overweight” rating and a $13.00 target price for the company. Northland Securities lowered their target price on Asure Software from $16.00 to $12.50 and set an “outperform” rating for the company in a report on Friday, November 1st. Stifel Nicolaus upped their target price on Asure Software from $10.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Finally, Barrington Research reiterated an “outperform” rating and set a $17.00 price objective on shares of Asure Software in a research report on Monday, October 28th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $13.92.

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.