Bard Associates Inc. Sells 14,103 Shares of Asure Software, Inc. (NASDAQ:ASUR)

Bard Associates Inc. cut its stake in shares of Asure Software, Inc. (NASDAQ:ASUR) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,815 shares of the technology company’s stock after selling 14,103 shares during the period. Bard Associates Inc. owned about 0.45% of Asure Software worth $1,127,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ASUR. Huntington National Bank bought a new position in Asure Software during the 3rd quarter valued at $64,000. Swedbank AB raised its stake in shares of Asure Software by 7.1% during the 3rd quarter. Swedbank AB now owns 750,000 shares of the technology company’s stock worth $6,788,000 after purchasing an additional 50,000 shares during the period. FMR LLC raised its stake in shares of 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. ArrowMark Colorado Holdings LLC bought a new stake in shares of Asure Software during the 3rd quarter worth $5,191,000. Finally, Needham Investment Management LLC raised its stake in shares of Asure Software by 25.4% during the 3rd quarter. Needham Investment Management LLC now owns 2,482,500 shares of the technology company’s stock worth $22,467,000 after purchasing an additional 502,500 shares during the period. 71.58% of the stock is currently owned by institutional investors.

Asure Software Trading Down 1.7 %

Shares of ASUR opened at $10.31 on Tuesday. The business has a 50-day moving average of $11.21 and a 200 day moving average of $9.82. Asure Software, Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.74. The firm has a market cap of $273.77 million, a P/E ratio of -21.94, a price-to-earnings-growth ratio of 1.11 and a beta of 0.56. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ASUR. Stifel Nicolaus lifted their target price on Asure Software from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Stephens reiterated an “overweight” rating and set a $13.00 target price on shares of Asure Software in a research note on Wednesday, January 15th. Northland Securities lifted their target price on Asure Software from $12.50 to $14.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th. Lake Street Capital upgraded Asure Software from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Asure Software in a report on Wednesday, January 15th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, Asure Software currently has an average rating of “Buy” and a consensus target price of $14.17.

Asure Software 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.