Asure Software, Inc. (NASDAQ:ASUR – Get Rating) CEO Patrick Goepel acquired 18,000 shares of the business’s stock in a transaction dated Monday, August 15th. The shares were bought at an average cost of $5.56 per share, for a total transaction of $100,080.00. Following the transaction, the chief executive officer now directly owns 917,888 shares in the company, valued at $5,103,457.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Patrick Goepel also recently made the following trade(s):
- On Friday, August 12th, Patrick Goepel purchased 82,000 shares of Asure Software stock. The stock was acquired at an average cost of $5.82 per share, for a total transaction of $477,240.00.
Asure Software Stock Performance
Shares of ASUR stock traded down $0.29 during trading hours on Monday, hitting $5.31. 102,616 shares of the company were exchanged, compared to its average volume of 45,124. The firm has a fifty day simple moving average of $5.60 and a 200 day simple moving average of $6.14. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.23. Asure Software, Inc. has a 52-week low of $5.01 and a 52-week high of $9.94. The stock has a market capitalization of $106.95 million, a price-to-earnings ratio of -13.97 and a beta of 0.89.
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Asure Software (NASDAQ:ASUR – Get Rating) last released its quarterly earnings data on Monday, August 8th. The technology company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.03. Asure Software had a negative net margin of 9.38% and a negative return on equity of 0.88%. During the same period last year, the business posted ($0.04) earnings per share. Research analysts predict that Asure Software, Inc. will post -0.11 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Private Capital Management LLC grew its position in shares of Asure Software by 33.4% during the 2nd quarter. Private Capital Management LLC now owns 3,407,915 shares of the technology company’s stock valued at $19,425,000 after purchasing an additional 853,762 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Asure Software by 48.0% during the 1st quarter. Vanguard Group Inc. now owns 1,762,073 shares of the technology company’s stock worth $10,484,000 after acquiring an additional 571,201 shares during the last quarter. Invenire Partners LP bought a new stake in shares of Asure Software during the 4th quarter worth $2,153,000. Archon Capital Management LLC lifted its holdings in shares of Asure Software by 8.0% during the 4th quarter. Archon Capital Management LLC now owns 1,354,693 shares of the technology company’s stock worth $10,607,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Boston Partners bought a new stake in shares of Asure Software during the 4th quarter worth $341,000. 64.47% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Asure Software in a research report on Thursday, August 4th. They set a “hold” rating on the stock.
About Asure Software
Asure Software, Inc provides cloud-based human capital management solutions the United States. It helps various small and mid-sized businesses to build productive teams to help them stay compliant and allocate resources to grow their business. The company’s solutions include Asure Payroll & Tax, an integrated cloud-based solution automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; Asure (human resource) HR, a cloud-based functionality that handles HR complexities, such as employee self-service that enable employees to access information, pay history, and company documents; and Asure Time & Attendance that provides cost savings and return on investment gains come in the form of strategic use of labor dollars and the elimination of time theft.
Further Reading
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Read More: Insider Buying: Asure Software, Inc. (NASDAQ:ASUR) CEO Buys 18,000 Shares of Stock