Argent Capital Management LLC bought a new position in Asure Software Inc (NASDAQ:ASUR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 136,175 shares of the technology company’s stock, valued at approximately $1,691,000. Argent Capital Management LLC owned about 1.09% of Asure Software at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. bought a new position in shares of Asure Software in the third quarter worth about $135,000. Monarch Partners Asset Management LLC bought a new position in shares of Asure Software in the second quarter worth about $243,000. Northern Trust Corp lifted its holdings in shares of Asure Software by 37.8% in the second quarter. Northern Trust Corp now owns 24,419 shares of the technology company’s stock worth $357,000 after acquiring an additional 6,692 shares during the last quarter. Navellier & Associates Inc lifted its holdings in shares of Asure Software by 13.1% in the second quarter. Navellier & Associates Inc now owns 49,953 shares of the technology company’s stock worth $730,000 after acquiring an additional 5,775 shares during the last quarter. Finally, Dimensional Fund Advisors LP bought a new position in shares of Asure Software in the first quarter worth about $519,000. 46.61% of the stock is owned by hedge funds and other institutional investors.
A number of research firms have recently commented on ASUR. Craig Hallum began coverage on shares of Asure Software in a report on Monday, December 4th. They issued a “buy” rating for the company. Dougherty & Co reissued a “buy” rating on shares of Asure Software in a report on Monday, November 20th. Zacks Investment Research raised shares of Asure Software from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 17th. Canaccord Genuity reissued a “buy” rating and issued a $18.00 target price on shares of Asure Software in a report on Tuesday, October 17th. Finally, Northland Securities reissued a “buy” rating and issued a $18.00 target price on shares of Asure Software in a report on Thursday, September 21st. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Asure Software has an average rating of “Buy” and an average target price of $16.57.
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Asure Software Company 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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