Asure Software’s (ASUR) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of Asure Software (NASDAQ:ASUR) in a report published on Wednesday,Benzinga reports. They currently have a $20.00 price target on the technology company’s stock.

Other research analysts have also recently issued research reports about the stock. Stephens reiterated an “overweight” rating and set a $13.00 price target on shares of Asure Software in a report on Wednesday. Stifel Nicolaus upped their target price on shares of Asure Software from $10.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Northland Securities upped their target price on shares of Asure Software from $12.50 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, January 8th. Lake Street Capital upgraded shares of Asure Software from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Finally, Barrington Research restated an “outperform” rating and issued a $17.00 target price on shares of Asure Software in a report on Monday, October 28th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Asure Software currently has an average rating of “Buy” and a consensus target price of $14.17.

Asure Software Trading Up 1.5 %

NASDAQ ASUR opened at $12.14 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.04. Asure Software has a 52 week low of $6.89 and a 52 week high of $12.39. The stock has a market capitalization of $322.37 million, a PE ratio of -25.83, a price-to-earnings-growth ratio of 1.11 and a beta of 0.53. The firm has a 50 day moving average of $9.75 and a two-hundred day moving average of $9.23.

Institutional Trading of Asure Software

Large investors have recently bought and sold shares of the business. FMR LLC boosted its stake in Asure Software by 350.8% during the 3rd quarter. FMR LLC now owns 6,681 shares of the technology company’s stock worth $60,000 after purchasing an additional 5,199 shares during the period. Huntington National Bank acquired a new stake in Asure Software during the 3rd quarter worth $64,000. American Century Companies Inc. boosted its stake in Asure Software by 21.2% during the 2nd quarter. American Century Companies Inc. now owns 27,145 shares of the technology company’s stock worth $228,000 after purchasing an additional 4,756 shares during the period. Rhumbline Advisers boosted its stake in Asure Software by 11.4% during the 2nd quarter. Rhumbline Advisers now owns 28,802 shares of the technology company’s stock worth $242,000 after purchasing an additional 2,948 shares during the period. Finally, Barclays PLC boosted its stake in Asure Software by 225.7% during the 3rd quarter. Barclays PLC now owns 31,075 shares of the technology company’s stock worth $281,000 after purchasing an additional 21,533 shares during the period. Institutional investors and hedge funds own 71.58% of the company’s stock.

About Asure Software

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.