ASUR stock icon

Asure Software
ASUR

$9.62
1.48%

Market Cap: 248M

 

About: Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products majorly in the United States.

Employees: 581

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

202% more call options, than puts

Call options by funds: $1.82M | Put options by funds: $602K

0.98% more ownership

Funds ownership: 73.45% [Q4 2023] → 74.43% (+0.98%) [Q1 2024]

13% less funds holding

Funds holding: 107 [Q4 2023] → 93 (-14) [Q1 2024]

15% less capital invested

Capital invested by funds: $174M [Q4 2023] → $148M (-$25.9M) [Q1 2024]

21% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 38

58% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 24

67% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 1 (-2) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$8.50
12%
downside
Avg. target
$16.28
69%
upside
High target
$20
108%
upside

9 analyst ratings

positive
89%
neutral
11%
negative
0%
Barrington Research
Vincent Colicchio
77%upside
$17
Outperform
Maintained
17 Jun 2024
Needham
Joshua Reilly
108%upside
$20
Buy
Reiterated
16 May 2024
TD Cowen
Bryan Bergin
4%upside
$10
Buy
Maintained
6 May 2024
Lake Street
Eric Martinuzzi
12%downside
$8.5
Hold
Maintained
3 May 2024
Needham
Joshua Reilly
108%upside
$20
Buy
Reiterated
3 May 2024

Financial journalist opinion