Wolverine Trading LLC acquired a new position in shares of Asure Software Inc (NASDAQ:ASUR) in the 4th quarter, Holdings Channel reports. The firm acquired 25,260 shares of the technology company’s stock, valued at approximately $357,000.
Other large investors have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. bought a new stake in Asure Software during the 3rd quarter worth about $135,000. Goldman Sachs Group Inc. bought a new stake in Asure Software during the 4th quarter worth about $150,000. Monashee Investment Management LLC bought a new stake in Asure Software during the 4th quarter worth about $151,000. Virtu Financial LLC bought a new stake in Asure Software during the 4th quarter worth about $231,000. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in Asure Software during the 4th quarter worth about $321,000. 52.52% of the stock is owned by hedge funds and other institutional investors.
Shares of Asure Software Inc (NASDAQ:ASUR) opened at $16.55 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.39 and a quick ratio of 1.37. The company has a market capitalization of $205.33, a PE ratio of -43.55, a PEG ratio of 0.84 and a beta of 1.10. Asure Software Inc has a 52 week low of $9.47 and a 52 week high of $17.27.
ASUR has been the subject of several recent research reports. ValuEngine cut Asure Software from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Cowen boosted their price objective on Asure Software from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Tuesday, December 19th. Dougherty & Co reaffirmed a “buy” rating and issued a $18.00 price target (up from $17.00) on shares of Asure Software in a research note on Wednesday, January 3rd. Canaccord Genuity reaffirmed a “buy” rating and issued a $20.00 price target on shares of Asure Software in a research note on Tuesday, January 2nd. Finally, Barrington Research reaffirmed a “buy” rating and issued a $20.00 price target on shares of Asure Software in a research note on Monday. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Asure Software has an average rating of “Buy” and a consensus target price of $18.50.
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About Asure Software
Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.
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