Asure Software, Inc. (NASDAQ:ASUR) Holdings Lowered by Oakworth Capital Inc.

Oakworth Capital Inc. reduced its stake in Asure Software, Inc. (NASDAQ:ASUR) by 20.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,000 shares of the technology company’s stock after selling 2,000 shares during the period. Oakworth Capital Inc.’s holdings in Asure Software were worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC raised its position in 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 in the last quarter. Whittier Trust Co. bought a new position in shares of Asure Software during the 3rd quarter valued at about $4,140,000. Barclays PLC grew its stake in shares of Asure Software by 225.7% in 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 last quarter. Tallon Kerry Patrick bought a new stake in shares of Asure Software in the 4th quarter worth approximately $1,372,000. Finally, Rice Hall James & Associates LLC lifted its stake in Asure Software by 465.1% during the third quarter. Rice Hall James & Associates LLC now owns 526,345 shares of the technology company’s stock valued at $4,763,000 after purchasing an additional 433,197 shares during the last quarter. 71.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ASUR has been the topic of several recent research reports. Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of Asure Software in a research report on Wednesday, January 15th. Northland Securities raised their price objective 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 raised Asure Software from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Barrington Research reiterated an “outperform” rating and issued a $17.00 price target on shares of Asure Software in a research report on Monday, October 28th. Finally, Stephens reissued an “overweight” rating and issued a $13.00 price target on shares of Asure Software in a research note on Wednesday, January 15th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $14.17.

Asure Software Trading Down 1.6 %

ASUR opened at $11.62 on Friday. The stock has a fifty day moving average of $10.55 and a 200-day moving average of $9.56. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07. Asure Software, Inc. has a 12-month low of $6.89 and a 12-month high of $12.74.

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.