Asure Software, Inc. (NASDAQ:ASUR) is P.A.W. Capital Corp's 8th Largest Position

P.A.W. Capital Corp lowered its holdings in shares of Asure Software, Inc. (NASDAQ:ASUR - Free Report) by 14.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 360,000 shares of the technology company's stock after selling 60,000 shares during the period. Asure Software makes up about 7.3% of P.A.W. Capital Corp's holdings, making the stock its 8th biggest position. P.A.W. Capital Corp owned 1.36% of Asure Software worth $3,258,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Janus Henderson Group PLC raised its holdings in shares of 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 valued at $13,517,000 after purchasing an additional 1,043,385 shares during the period. Swedbank AB bought a new position in Asure Software in the first quarter worth approximately $4,668,000. Whittier Trust Co. bought a new position in Asure Software in the third quarter worth approximately $4,140,000. Rice Hall James & Associates LLC grew its stake in Asure Software by 465.1% in 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 acquiring an additional 433,197 shares during the period. Finally, Roubaix Capital LLC bought a new stake in shares of Asure Software during the first quarter valued at approximately $1,874,000. 71.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Asure Software news, Director Daniel M. Gill sold 5,000 shares of the company's stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $8.69, for a total value of $43,450.00. Following the completion of the transaction, the director now owns 28,165 shares in the company, valued at $244,753.85. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Asure Software news, Director Daniel M. Gill sold 5,000 shares of Asure Software 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 sale, the director now owns 28,165 shares of the company's stock, valued at approximately $244,753.85. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CRO Eyal Goldstein sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $8.44, for a total transaction of $84,400.00. Following the transaction, the executive now directly owns 239,243 shares of the company's stock, valued at $2,019,210.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.90% of the stock is currently owned by corporate insiders.

Asure Software Stock Down 14.2 %

Shares of ASUR traded down $1.41 during trading hours on Friday, reaching $8.51. 468,549 shares of the stock traded hands, compared to its average volume of 71,692. Asure Software, Inc. has a 52 week low of $6.30 and a 52 week high of $10.52. The company has a market cap of $225.17 million, a price-to-earnings ratio of -18.11, a PEG ratio of 0.97 and a beta of 0.52. The stock has a fifty day simple moving average of $8.98 and a 200 day simple moving average of $8.43. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.03.

Asure Software (NASDAQ:ASUR - Get Free Report) last announced its earnings results on Thursday, August 1st. The technology company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.03). The business had revenue of $28.04 million during the quarter, compared to analysts' expectations of $28.56 million. Asure Software had a positive return on equity of 3.77% and a negative net margin of 10.54%. On average, equities analysts forecast that Asure Software, Inc. will post 0.49 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ASUR. Stephens initiated coverage on shares of Asure Software in a research report on Wednesday, October 16th. They issued an "overweight" rating and a $13.00 price target for the company. Northland Securities reduced their price objective on shares of Asure Software from $16.00 to $12.50 and set an "outperform" rating for the company in a report on Friday. Barrington Research reissued an "outperform" rating and set a $17.00 target price on shares of Asure Software in a research report on Monday, October 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 price target on shares of Asure Software in a research report on Friday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Asure Software currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.21.

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.