Recent Research Analysts’ Ratings Changes for Asure Software (ASUR)

Asure Software (NASDAQ: ASUR) has recently received a number of price target changes and ratings updates:

• 1/15/2025 – Asure Software had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $13.00 price target on the stock.
• 1/15/2025 – Asure Software had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.
• 1/8/2025 – Asure Software had its price target raised by analysts at Northland Securities from $12.50 to $14.00. They now have an “outperform” rating on the stock.
• 1/7/2025 – Asure Software was upgraded by analysts at Lake Street Capital from a “hold” rating to a “buy” rating.
• 12/18/2024 – Asure Software had its price target raised by analysts at Stifel Nicolaus from $10.00 to $11.00. They now have a “buy” rating on the stock.

Asure Software Stock Performance

NASDAQ ASUR traded down $0.19 on Friday, reaching $12.33. 31,539 shares of the company’s stock traded hands, compared to its average volume of 153,770. The firm has a market cap of $327.23 million, a price-to-earnings ratio of -26.22, a P/E/G ratio of 1.24 and a beta of 0.53. The stock has a 50 day moving average price of $10.02 and a 200-day moving average price of $9.35. Asure Software, Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.74. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Penbrook Management LLC lifted its position in Asure Software by 1.8% during the fourth quarter. Penbrook Management LLC now owns 114,035 shares of the technology company’s stock valued at $1,073,000 after purchasing an additional 2,000 shares during the period. Tallon Kerry Patrick acquired a new position in shares of Asure Software in the fourth quarter worth about $1,372,000. Barclays PLC raised its position in shares of Asure Software by 225.7% in the third quarter. Barclays PLC now owns 31,075 shares of the technology company’s stock worth $281,000 after acquiring an additional 21,533 shares during the period. Geode Capital Management LLC raised its position in shares of Asure Software by 4.4% in the third quarter. Geode Capital Management LLC now owns 580,138 shares of the technology company’s stock worth $5,251,000 after acquiring an additional 24,649 shares during the period. Finally, M&T Bank Corp acquired a new position in shares of Asure Software in the third quarter worth about $516,000. 71.58% of the stock is currently owned by institutional investors and hedge funds.

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.