Asure Software Inc (NASDAQ:ASUR) is P.A.W. Capital Corp's 7th Largest Position

P.A.W. Capital Corp reduced its holdings in shares of Asure Software Inc (NASDAQ:ASUR - Free Report) by 36.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,000 shares of the technology company's stock after selling 128,839 shares during the quarter. Asure Software comprises 5.2% of P.A.W. Capital Corp's investment portfolio, making the stock its 7th biggest position. P.A.W. Capital Corp owned about 0.81% of Asure Software worth $2,101,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ASUR. American Century Companies Inc. grew its position in shares of Asure Software by 8.5% during the 4th quarter. American Century Companies Inc. now owns 39,313 shares of the technology company's stock valued at $370,000 after purchasing an additional 3,078 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Asure Software by 13.6% in the fourth quarter. Bank of America Corp DE now owns 27,505 shares of the technology company's stock worth $259,000 after purchasing an additional 3,287 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Asure Software by 29.7% in the fourth quarter. Wells Fargo & Company MN now owns 15,199 shares of the technology company's stock worth $143,000 after purchasing an additional 3,480 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Asure Software by 66.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,728 shares of the technology company's stock worth $120,000 after purchasing an additional 5,096 shares during the period. Finally, Barclays PLC increased its holdings in shares of Asure Software by 17.7% in the fourth quarter. Barclays PLC now owns 36,586 shares of the technology company's stock worth $344,000 after purchasing an additional 5,511 shares during the period. 71.58% of the stock is currently owned by hedge funds and other institutional investors.

Asure Software Price Performance

ASUR traded up $0.57 during trading on Friday, reaching $11.38. The stock had a trading volume of 57,195 shares, compared to its average volume of 97,475. The stock has a market cap of $309.08 million, a PE ratio of -21.48, a PEG ratio of 1.12 and a beta of 0.40. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.03 and a current ratio of 1.03. Asure Software Inc has a one year low of $7.51 and a one year high of $12.74. The business has a 50-day moving average of $9.83 and a 200-day moving average of $10.22.

Asure Software (NASDAQ:ASUR - Get Free Report) last released its earnings results on Thursday, May 1st. The technology company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.06). Asure Software had a negative net margin of 11.27% and a positive return on equity of 4.52%. As a group, equities research analysts anticipate that Asure Software Inc will post 0.37 EPS for the current fiscal year.

Insider Transactions at Asure Software

In other Asure Software news, Director Ben F. Allen sold 10,000 shares of the company's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $10.00, for a total transaction of $100,000.00. Following the completion of the sale, the director directly owned 47,645 shares in the company, valued at $476,450. This represents a 17.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 8.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on ASUR shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 price target on shares of Asure Software in a report on Wednesday. Stephens reaffirmed an "overweight" rating and issued a $13.00 price target on shares of Asure Software in a report on Friday, March 7th. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $17.00 price target on shares of Asure Software in a report on Wednesday. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, Asure Software presently 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.