Asure Software Inc $ASUR Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC grew its position in shares of Asure Software Inc (NASDAQ:ASUR) by 10.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,769,578 shares of the technology company’s stock after buying an additional 161,074 shares during the period. Janus Henderson Group PLC owned about 0.06% of Asure Software worth $15,218,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets raised its position in shares of Asure Software by 107.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,986 shares of the technology company’s stock valued at $41,000 after acquiring an additional 2,586 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Asure Software by 446.8% in the second quarter. Tower Research Capital LLC TRC now owns 6,671 shares of the technology company’s stock worth $65,000 after purchasing an additional 5,451 shares during the period. Steward Partners Investment Advisory LLC acquired a new position in Asure Software in the fourth quarter worth $66,000. Invesco Ltd. bought a new stake in Asure Software during the second quarter valued at $112,000. Finally, Boston Partners bought a new stake in Asure Software during the fourth quarter valued at $108,000. 71.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ASUR shares. Zacks Research downgraded shares of Asure Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. TD Cowen raised shares of Asure Software to a “strong-buy” rating in a research report on Monday, May 18th. Wall Street Zen lowered shares of Asure Software from a “buy” rating to a “hold” rating in a research note on Saturday. Barrington Research reissued an “outperform” rating and issued a $15.00 target price on shares of Asure Software in a report on Friday, April 24th. Finally, Weiss Ratings raised shares of Asure Software from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $15.00.

Asure Software Stock Up 0.6%

ASUR opened at $8.81 on Wednesday. Asure Software Inc has a 12 month low of $6.80 and a 12 month high of $10.20. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.06 and a quick ratio of 1.05. The stock has a market cap of $254.43 million, a P/E ratio of -30.38, a P/E/G ratio of 1.07 and a beta of 0.49. The stock’s 50 day moving average price is $8.33 and its 200 day moving average price is $8.60.

Asure Software Company Profile

Asure Software, Inc (NASDAQ: ASUR) is a Texas‐based technology company specializing in cloud‐based workforce and workspace management solutions. The company develops software that streamlines human capital management (HCM), payroll processing, time and attendance tracking, and workspace reservation for businesses seeking to optimize employee experience and operational efficiency.

The Asure platform includes modules for payroll administration, benefits enrollment, performance management, applicant tracking and onboarding, as well as mobile and web‐based timekeeping.