Dimensional Fund Advisors LP Has $8.44 Million Stock Holdings in Asure Software, Inc. (NASDAQ:ASUR)

Dimensional Fund Advisors LP increased its position in shares of Asure Software, Inc. (NASDAQ:ASUR - Free Report) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 897,323 shares of the technology company's stock after buying an additional 48,836 shares during the quarter. Dimensional Fund Advisors LP owned about 3.38% of Asure Software worth $8,444,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Kennedy Capital Management LLC acquired a new position in shares of Asure Software during the fourth quarter valued at about $3,338,000. Royce & Associates LP acquired a new position in Asure Software during the 4th quarter valued at about $1,623,000. Tallon Kerry Patrick bought a new stake in Asure Software during the 4th quarter worth approximately $1,372,000. Anchor Capital Advisors LLC purchased a new stake in shares of Asure Software in the fourth quarter worth approximately $1,138,000. Finally, Pacific Ridge Capital Partners LLC boosted its position in shares of Asure Software by 12.6% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 773,572 shares of the technology company's stock valued at $7,279,000 after buying an additional 86,277 shares during the last quarter. Institutional investors and hedge funds own 71.58% of the company's stock.

Asure Software Price Performance

Shares of NASDAQ:ASUR opened at $9.93 on Friday. The company has a 50-day moving average price of $9.63 and a two-hundred day moving average price of $10.09. Asure Software, Inc. has a twelve month low of $7.31 and a twelve month high of $12.74. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $269.64 million, a PE ratio of -21.13, a P/E/G ratio of 1.11 and a beta of 0.43.

Asure Software (NASDAQ:ASUR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The technology company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.06). Asure Software had a negative net margin of 10.54% and a positive return on equity of 3.75%. Equities analysts forecast that Asure Software, Inc. will post 0.37 EPS for the current year.

Insider Activity at Asure Software

In related news, Director Grace G. Lee sold 7,500 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $9.51, for a total transaction of $71,325.00. Following the completion of the transaction, the director now owns 32,215 shares of the company's stock, valued at approximately $306,364.65. The trade was a 18.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ben F. Allen sold 10,000 shares of the stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $10.00, for a total transaction of $100,000.00. Following the completion of the sale, the director now owns 47,645 shares in the company, valued at $476,450. This represents a 17.35 % 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.

Wall Street Analyst Weigh In

Several equities analysts have commented on ASUR shares. Barrington Research reissued an "outperform" rating and set a $17.00 target price on shares of Asure Software in a research report on Monday, April 28th. 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. Finally, Needham & Company LLC restated a "buy" rating and set a $20.00 price target on shares of Asure Software in a research note on Friday, May 2nd. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $15.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.