Asure Software Inc. (NASDAQ:ASUR) Director Matthew K. Behrent purchased 5,625 shares of the business’s stock in a transaction on Friday, September 30th. The stock was purchased at an average price of $2.33 per share, for a total transaction of $13,106.25. Following the acquisition, the director now owns 21,189 shares of the company’s stock, valued at approximately $49,370.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Asure Software Inc. (NASDAQ:ASUR) opened at 6.43 on Friday. Asure Software Inc. has a 12-month low of $4.28 and a 12-month high of $6.69. The company’s market cap is $41.90 million. The stock has a 50 day moving average price of $5.58 and a 200-day moving average price of $5.18.
Asure Software (NASDAQ:ASUR) last announced its quarterly earnings results on Monday, August 15th. The company reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.17. Asure Software had a negative net margin of 9.35% and a negative return on equity of 23.43%. The firm earned $9.70 million during the quarter, compared to the consensus estimate of $7.20 million. On average, analysts predict that Asure Software Inc. will post $0.19 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently made changes to their positions in ASUR. Vanguard Group Inc. increased its position in shares of Asure Software by 0.5% in the second quarter. Vanguard Group Inc. now owns 82,997 shares of the company’s stock worth $391,000 after buying an additional 373 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Asure Software by 0.6% in the first quarter. Renaissance Technologies LLC now owns 255,476 shares of the company’s stock worth $1,369,000 after buying an additional 1,600 shares during the last quarter. Finally, FMR LLC increased its position in shares of Asure Software by 4.0% in the second quarter. FMR LLC now owns 349,719 shares of the company’s stock worth $1,647,000 after buying an additional 13,600 shares during the last quarter. 21.40% of the stock is owned by hedge funds and other institutional investors.
Several research analysts have issued reports on ASUR shares. Zacks Investment Research upgraded Asure Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 13th. TheStreet upgraded Asure Software from a “sell” rating to a “hold” rating in a report on Tuesday.
Asure Software Company Profile
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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