Boston Partners Has $438,000 Position in Asure Software, Inc. (NASDAQ:ASUR)

Posted by Defense World Staff on Feb 15th, 2023

Boston Partners lifted its stake in shares of Asure Software, Inc. (NASDAQ:ASUR – Get Rating) by 31.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,491 shares of the technology company’s stock after purchasing an additional 18,203 shares during the quarter. Boston Partners owned 0.38% of Asure Software worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its holdings in shares of Asure Software by 5.2% during the 1st quarter. Bank of New York Mellon Corp now owns 38,875 shares of the technology company’s stock valued at $232,000 after purchasing an additional 1,909 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Asure Software by 16.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 21,500 shares of the technology company’s stock worth $128,000 after acquiring an additional 3,000 shares during the last quarter. Northern Trust Corp grew its holdings in Asure Software by 14.8% during the 1st quarter. Northern Trust Corp now owns 37,499 shares of the technology company’s stock worth $222,000 after acquiring an additional 4,830 shares during the last quarter. State Street Corp grew its holdings in Asure Software by 11.0% during the 1st quarter. State Street Corp now owns 53,331 shares of the technology company’s stock worth $317,000 after acquiring an additional 5,264 shares during the last quarter. Finally, ACG Wealth grew its holdings in Asure Software by 16.9% during the 3rd quarter. ACG Wealth now owns 42,305 shares of the technology company’s stock worth $242,000 after acquiring an additional 6,105 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

Asure Software Stock Performance

ASUR opened at $10.72 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.22. The company’s fifty day moving average price is $9.76 and its two-hundred day moving average price is $7.30. Asure Software, Inc. has a 1-year low of $4.87 and a 1-year high of $11.23. The company has a market cap of $216.12 million, a price-to-earnings ratio of -12.18, a PEG ratio of 13.29 and a beta of 0.77.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ASUR shares. TheStreet raised shares of Asure Software from a “d+” rating to a “c-” rating in a report on Monday, November 28th. Cowen boosted their price target on shares of Asure Software to $8.00 in a research report on Tuesday, November 15th. Craig Hallum boosted their price target on shares of Asure Software to $10.00 in a research report on Tuesday, November 15th. Finally, UBS Group restated a “sell” rating on shares of Asure Software in a research report on Thursday, December 15th.

Asure Software Profile

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Asure Software, Inc delivers human capital management solutions through the lens of entrepreneurs and executives with an owner’s mentality. It helps small and mid-sized businesses to develop their human capital and allocate their time, money and technology toward growth. Its solutions include Asure Payroll & Tax, Asure HR, and Asure Time & Attendance.