Whittier Trust Co. Has $495,000 Stock Holdings in Asure Software, Inc. (NASDAQ:ASUR)

Whittier Trust Co. lowered its position in shares of Asure Software, Inc. (NASDAQ:ASUR) by 88.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,623 shares of the technology company’s stock after selling 404,788 shares during the quarter. Whittier Trust Co. owned 0.20% of Asure Software worth $495,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ASUR. Geode Capital Management LLC boosted its holdings in Asure Software by 4.4% during the third quarter. Geode Capital Management LLC now owns 580,138 shares of the technology company’s stock worth $5,251,000 after purchasing an additional 24,649 shares during the last quarter. Barclays PLC boosted its stake in shares of Asure Software by 225.7% during the 3rd quarter. Barclays PLC now owns 31,075 shares of the technology company’s stock worth $281,000 after buying an additional 21,533 shares during the last quarter. Tallon Kerry Patrick bought a new position in shares of Asure Software in the 4th quarter valued at about $1,372,000. State Street Corp increased its position in shares of Asure Software by 0.5% in the third 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 last quarter. Finally, M&T Bank Corp raised its holdings in Asure Software by 36.4% during the fourth quarter. M&T Bank Corp now owns 77,798 shares of the technology company’s stock worth $732,000 after acquiring an additional 20,758 shares in the last quarter. 71.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

ASUR has been the subject of a number of analyst reports. Lake Street Capital upgraded Asure Software from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Northland Securities boosted their target price on shares of Asure Software from $12.50 to $14.00 and gave the stock an “outperform” rating in a report on Wednesday, January 8th. Stephens reiterated an “overweight” rating and issued a $13.00 price target on shares of Asure Software in a research note on Friday, March 7th. Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Asure Software in a research note on Friday, March 7th. Finally, Stifel Nicolaus raised their target price on shares of Asure Software from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $14.17.

Asure Software Price Performance

NASDAQ:ASUR opened at $10.07 on Friday. The firm’s fifty day moving average price is $11.19 and its two-hundred day moving average price is $9.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market cap of $271.68 million, a P/E ratio of -21.43, a P/E/G ratio of 1.11 and a beta of 0.60. Asure Software, Inc. has a one year low of $6.89 and a one year high of $12.74.

Insider Activity at Asure Software

In other Asure Software news, Director Grace G. Lee sold 7,500 shares of the firm’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 sale, the director now directly owns 32,215 shares in the company, valued at $306,364.65. This trade represents a 18.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 8.90% of the stock is owned by company insiders.

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.