Patrick Goepel, CEO of Asure Software, Inc. (NASDAQ:ASUR – Get Rating), purchased 18,000 shares of the company in a trade that took place on Monday, August 15. The shares were acquired at an average cost of $5.56 per share, with a total value of $100,080.00. Following the completion of the purchase, the CEO now directly owns 917,888 shares of the company, valued at approximately $5,103,457.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC’s website.
Patrick Goepel also recently made the following trade(s):
- On Friday August 12, Patrick Goepel acquired 82,000 shares in the capital of Asure Software. The shares were purchased at an average price of $5.82 per share, for a total transaction of $477,240.00.
Asure Software Price Performance
NASDAQ:ASUR shares opened at $5.31 on Tuesday. Asure Software, Inc. has a 12-month low of $5.01 and a 12-month high of $9.94. The company’s 50-day simple moving average is $5.59 and its 200-day simple moving average is $6.13. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt ratio of 0.23.
Asure Software (NASDAQ:ASUR – Get Rating) last announced its quarterly results on Monday, August 8. The technology company reported ($0.04) earnings per share (EPS) for the quarter, beating analyst consensus estimates of ($0.07) by $0.03. Asure Software had a negative return on equity of 0.88% and a negative net margin of 9.38%. During the same period of the previous year, the company posted ($0.04) EPS. On average, analysts expect Asure Software, Inc. to post earnings per share of -0.11 for the current year.
Institutional entries and exits
Institutional investors and hedge funds have recently increased or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. increased its stake in Asure Software by 16.2% in Q1. Cambridge Investment Research Advisors Inc. now owns 21,500 shares of the technology company worth $128,000 after buying 3,000 more shares in the last quarter. Northern Trust Corp increased its stake in Asure Software by 14.8% in the first quarter. Northern Trust Corp now owns 37,499 shares of the technology company worth $222,000 after buying 4,830 additional shares in the last quarter. Bank of New York Mellon Corp increased its stake in Asure Software by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 38,875 shares of the technology company worth $232,000 after buying 1,909 additional shares in the last quarter. Millennium Management LLC increased its stake in Asure Software by 49.4% during the second quarter. Millennium Management LLC now owns 43,284 shares of the technology company worth $247,000 after buying an additional 14,305 shares in the last quarter. Finally, M&T Bank Corp increased its stake in Asure Software by 118.1% in the 1st quarter. M&T Bank Corp now owns 49,870 shares of the technology company worth $296,000 after buying 27,006 more shares in the last quarter. 64.47% of the shares are currently held by hedge funds and other institutional investors.
Changes to analyst ratings
Separately, StockNews.com began covering Asure Software in a Thursday, August 4 report. They have placed a “holding” rating on the stock.
Asure Software Company Profile
(Get a rating)
Asure Software, Inc provides cloud-based human capital management solutions in the United States. It helps various small and medium enterprises 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 that automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and the Fair Labor Standards Act, as well as federal, state, and local payroll taxes; Asure (Human Resources) HR, a cloud-based feature that handles HR complexities, such as employee self-service that gives employees access to company information, payroll history, and documents company ; and Asure Time & Attendance which provides cost savings and ROI gains in the form of strategic use of labor dollars and elimination of time theft.
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