Swedbank AB Has $6.79 Million Stock Position in Asure Software, Inc. (NASDAQ:ASUR)

Swedbank AB boosted its stake in shares of Asure Software, Inc. (NASDAQ:ASUR) by 7.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 750,000 shares of the technology company’s stock after purchasing an additional 50,000 shares during the period. Swedbank AB’s holdings in Asure Software were worth $6,788,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Asure Software by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 1,181,423 shares of the technology company’s stock valued at $9,191,000 after buying an additional 71,495 shares during the last quarter. Janus Henderson Group PLC raised its position in Asure Software by 150.3% during the first quarter. Janus Henderson Group PLC now owns 1,737,398 shares of the technology company’s stock worth $13,517,000 after acquiring an additional 1,043,385 shares in the last quarter. Boston Partners lifted its stake in Asure Software by 43.3% in the first quarter. Boston Partners now owns 243,710 shares of the technology company’s stock valued at $1,896,000 after acquiring an additional 73,633 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Asure Software by 5.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 214,863 shares of the technology company’s stock valued at $1,805,000 after acquiring an additional 11,147 shares during the period. Finally, Skylands Capital LLC increased its stake in shares of Asure Software by 131.5% during the 2nd quarter. Skylands Capital LLC now owns 150,043 shares of the technology company’s stock worth $1,260,000 after purchasing an additional 85,243 shares during the last quarter. 71.58% of the stock is currently owned by institutional investors.

Insider Activity at Asure Software

In other news, Director Daniel M. Gill sold 5,000 shares of Asure Software stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $8.69, for a total transaction of $43,450.00. Following the completion of the sale, the director now owns 28,165 shares of the company’s stock, valued at approximately $244,753.85. This trade represents a 15.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ASUR has been the subject of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 target price on shares of Asure Software in a research note on Friday, November 1st. Stephens began coverage on Asure Software in a research note on Wednesday, October 16th. They set an “overweight” rating and a $13.00 target price for the company. Northland Securities decreased their target price on Asure Software from $16.00 to $12.50 and set an “outperform” rating on the stock in a report on Friday, November 1st. Finally, Barrington Research reaffirmed an “outperform” rating and set a $17.00 price target on shares of Asure Software in a report on Monday, October 28th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $14.50.

Asure Software Trading Down 1.2 %

Shares of NASDAQ:ASUR opened at $9.65 on Wednesday. The stock has a market cap of $256.21 million, a PE ratio of -20.53, a P/E/G ratio of 1.52 and a beta of 0.52. 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, Inc. has a 12-month low of $6.89 and a 12-month high of $10.52. The business has a 50 day moving average of $9.11 and a 200-day moving average of $8.66.

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.