Asure Software, Inc. (NASDAQ:ASUR) Shares Sold by Whittier Trust Co.

Whittier Trust Co. lessened its holdings in Asure Software, Inc. (NASDAQ:ASUR - Free Report) by 88.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,623 shares of the technology company's stock after selling 404,788 shares during the quarter. Whittier Trust Co. owned 0.20% of Asure Software worth $495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. State Street Corp lifted its stake in Asure Software by 0.5% in the third quarter. State Street Corp now owns 429,298 shares of the technology company's stock worth $3,885,000 after purchasing an additional 1,961 shares during the last quarter. Penbrook Management LLC increased its position in Asure Software by 1.8% during the 4th 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. PNC Financial Services Group Inc. boosted its stake in shares of Asure Software by 66.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 12,728 shares of the technology company's stock valued at $120,000 after purchasing an additional 5,096 shares in the last quarter. FMR LLC boosted its stake in shares of Asure Software by 350.8% during the 3rd quarter. FMR LLC now owns 6,681 shares of the technology company's stock valued at $60,000 after purchasing an additional 5,199 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its stake in Asure Software by 2.4% in the fourth quarter. First Eagle Investment Management LLC now owns 387,620 shares of the technology company's stock worth $3,648,000 after buying an additional 9,156 shares in the last quarter. Institutional investors own 71.58% of the company's stock.

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Asure Software Trading Down 1.7 %

ASUR traded down $0.17 during trading hours on Thursday, reaching $9.78. The company's stock had a trading volume of 66,159 shares, compared to its average volume of 115,267. Asure Software, Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.74. The business's 50-day moving average is $11.08 and its 200-day moving average is $9.97. The stock has a market cap of $263.85 million, a PE ratio of -20.81, a P/E/G ratio of 1.11 and a beta of 0.60. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.07 and a quick ratio of 1.07.

Analysts Set New Price Targets

ASUR has been the subject of a number of analyst reports. Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 price objective on shares of Asure Software in a research report on Friday, March 7th. Northland Securities raised their price objective on shares of Asure Software from $12.50 to $14.00 and gave the company an "outperform" rating in a research report on Wednesday, January 8th. Barrington Research reissued an "outperform" rating and set a $17.00 price objective on shares of Asure Software in a report on Friday, March 7th. Lake Street Capital upgraded Asure Software from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Finally, Stephens reiterated an "overweight" rating and issued a $13.00 target price on shares of Asure Software in a research note on Friday, March 7th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, Asure Software has a consensus rating of "Buy" and a consensus price target of $14.17.

Insiders Place Their Bets

In other news, Director Grace G. Lee sold 7,500 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $9.51, for a total transaction of $71,325.00. Following the sale, the director now owns 32,215 shares of the company's stock, valued at approximately $306,364.65. This represents a 18.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.90% of the stock is owned by insiders.

Asure Software Company 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.