16,389 Shares in Asure Software Inc (ASUR) Acquired by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in shares of Asure Software Inc (NASDAQ:ASUR) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,389 shares of the technology company’s stock, valued at approximately $231,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its holdings in Asure Software by 2.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 479,629 shares of the technology company’s stock valued at $5,956,000 after buying an additional 13,279 shares during the period. Alyeska Investment Group L.P. raised its holdings in Asure Software by 548.1% during the 3rd quarter. Alyeska Investment Group L.P. now owns 450,000 shares of the technology company’s stock valued at $5,589,000 after buying an additional 380,570 shares during the period. Vanguard Group Inc. raised its holdings in Asure Software by 24.0% during the 2nd quarter. Vanguard Group Inc. now owns 322,333 shares of the technology company’s stock valued at $4,710,000 after buying an additional 62,418 shares during the period. Unterberg Capital LLC raised its holdings in Asure Software by 50.0% during the 3rd quarter. Unterberg Capital LLC now owns 300,000 shares of the technology company’s stock valued at $3,726,000 after buying an additional 100,000 shares during the period. Finally, PenderFund Capital Management Ltd. purchased a new stake in Asure Software during the 4th quarter valued at $4,357,000. Institutional investors own 52.52% of the company’s stock.

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Shares of Asure Software Inc (NASDAQ ASUR) opened at $13.72 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.39 and a quick ratio of 1.37. Asure Software Inc has a 52 week low of $9.47 and a 52 week high of $17.53. The firm has a market capitalization of $190.02, a price-to-earnings ratio of -26.38, a price-to-earnings-growth ratio of 0.77 and a beta of 1.10.

A number of analysts have weighed in on the company. Barrington Research set a $20.00 target price on Asure Software and gave the stock a “buy” rating in a research note on Sunday. ValuEngine lowered Asure Software from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 target price on shares of Asure Software in a research note on Tuesday, January 2nd. Craig Hallum assumed coverage on Asure Software in a research note on Monday, December 4th. They issued a “buy” rating on the stock. Finally, Dougherty & Co reiterated a “buy” rating and issued a $18.00 target price (up previously from $17.00) on shares of Asure Software in a research note on Wednesday, January 3rd. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Asure Software has an average rating of “Buy” and an average price target of $18.50.

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Asure Software Profile

Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.

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Institutional Ownership by Quarter for Asure Software (NASDAQ:ASUR)

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