Asure Software, Inc. (NASDAQ:ASUR) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC lowered its holdings in shares of Asure Software, Inc. (NASDAQ:ASUR - Free Report) by 27.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 193,949 shares of the technology company's stock after selling 73,656 shares during the quarter. AQR Capital Management LLC owned 0.75% of Asure Software worth $1,629,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Private Capital Management LLC lifted its position in Asure Software by 11.6% during the fourth quarter. Private Capital Management LLC now owns 3,924,027 shares of the technology company's stock valued at $37,357,000 after purchasing an additional 408,000 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Asure Software by 150.3% during the 1st quarter. Janus Henderson Group PLC now owns 1,737,398 shares of the technology company's stock worth $13,517,000 after purchasing an additional 1,043,385 shares during the period. Vanguard Group Inc. boosted its stake in shares of Asure Software by 6.4% during the 1st quarter. Vanguard Group Inc. now owns 1,181,423 shares of the technology company's stock worth $9,191,000 after purchasing an additional 71,495 shares during the period. Swedbank AB boosted its stake in shares of Asure Software by 16.7% during the 2nd quarter. Swedbank AB now owns 700,000 shares of the technology company's stock worth $5,880,000 after purchasing an additional 100,000 shares during the period. Finally, P.A.W. Capital Corp boosted its stake in shares of Asure Software by 13.5% during the 2nd quarter. P.A.W. Capital Corp now owns 420,000 shares of the technology company's stock worth $3,528,000 after purchasing an additional 50,000 shares during the period. Institutional investors own 71.58% of the company's stock.

Asure Software Trading Down 0.1 %

Asure Software stock traded down $0.01 during trading hours on Friday, hitting $8.53. The company had a trading volume of 69,516 shares, compared to its average volume of 157,952. The firm has a market cap of $225.70 million, a P/E ratio of -20.31, a P/E/G ratio of 0.84 and a beta of 0.55. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.11 and a current ratio of 1.11. Asure Software, Inc. has a 1 year low of $6.30 and a 1 year high of $10.52. The company has a 50-day moving average price of $8.67 and a two-hundred day moving average price of $8.24.

Asure Software (NASDAQ:ASUR - Get Free Report) last released its quarterly earnings data on Thursday, August 1st. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.03). The company had revenue of $28.04 million during the quarter, compared to analysts' expectations of $28.56 million. Asure Software had a negative net margin of 9.07% and a positive return on equity of 3.75%. On average, sell-side analysts anticipate that Asure Software, Inc. will post 0.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ASUR shares. Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 price target on shares of Asure Software in a research note on Friday, August 2nd. Barrington Research reaffirmed an "outperform" rating and set a $17.00 price target on shares of Asure Software in a research note on Friday, July 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $13.40.

Insider Activity

In other news, CRO Eyal Goldstein sold 10,000 shares of the business's stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $8.44, for a total value of $84,400.00. Following the completion of the sale, the executive now owns 239,243 shares in the company, valued at approximately $2,019,210.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Daniel M. Gill sold 5,000 shares of the business's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $8.69, for a total value of $43,450.00. Following the completion of the sale, the director now owns 28,165 shares in the company, valued at approximately $244,753.85. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Eyal Goldstein sold 10,000 shares of the business's stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $8.44, for a total transaction of $84,400.00. Following the completion of the sale, the executive now owns 239,243 shares of the company's stock, valued at approximately $2,019,210.92. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 8.90% 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.