Barclays PLC Acquires 21,533 Shares of Asure Software, Inc. (NASDAQ:ASUR)

Barclays PLC boosted its holdings in shares of Asure Software, Inc. (NASDAQ:ASUR) by 225.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,075 shares of the technology company’s stock after buying an additional 21,533 shares during the quarter. Barclays PLC owned approximately 0.12% of Asure Software worth $281,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. State Street Corp increased its holdings in shares of Asure Software by 0.5% in the 3rd quarter. State Street Corp now owns 429,298 shares of the technology company’s stock valued at $3,885,000 after acquiring an additional 1,961 shares during the period. Rhumbline Advisers grew its stake in Asure Software by 11.4% in the second quarter. Rhumbline Advisers now owns 28,802 shares of the technology company’s stock valued at $242,000 after purchasing an additional 2,948 shares during the last quarter. American Century Companies Inc. grew its stake in Asure Software by 21.2% in the second quarter. American Century Companies Inc. now owns 27,145 shares of the technology company’s stock valued at $228,000 after purchasing an additional 4,756 shares during the last quarter. FMR LLC raised its holdings in Asure Software by 350.8% in the third quarter. FMR LLC now owns 6,681 shares of the technology company’s stock worth $60,000 after purchasing an additional 5,199 shares in the last quarter. Finally, Huntington National Bank purchased a new stake in shares of Asure Software during the third quarter valued at about $64,000. Hedge funds and other institutional investors own 71.58% of the company’s stock.

Asure Software Trading Up 1.5 %

NASDAQ:ASUR opened at $12.14 on Tuesday. The company has a market capitalization of $322.32 million, a P/E ratio of -25.83, a PEG ratio of 1.11 and a beta of 0.53. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.04. Asure Software, Inc. has a 12 month low of $6.89 and a 12 month high of $12.39. The firm has a fifty day simple moving average of $9.81 and a 200-day simple moving average of $9.28.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ASUR shares. Northland Securities lifted their price objective on shares of Asure Software from $12.50 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 8th. Lake Street Capital raised shares of Asure Software from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Stifel Nicolaus upped their price target on Asure Software from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Asure Software in a research report on Wednesday, January 15th. Finally, Stephens restated an “overweight” rating and set a $13.00 target price on shares of Asure Software in a research note on Wednesday, January 15th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, Asure Software currently has a consensus rating of “Buy” and a consensus target price of $14.17.

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.