Asure Software (ASUR)

• Market cap: $242M
• 1 day: -0.22%
• 5 days: -6.65%
• 1 month: 1.67%
• 3 months: -0.98%
• 6 months: 12.87%
• Year to date: 0.88%
• 1 year: 7.04%
• 5 years: 13.86%
• 10 years: 73.71%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

About: Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products majorly in the United States.

Employees: 581

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

535% more call options, than puts

Call options by funds: $400K | Put options by funds: $63K

10% more capital invested

Capital invested by funds: $162M [Q2] → $179M (+$16.9M) [Q3]

0% more funds holding

Funds holding: 95 [Q2] → 95 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

0.04% less ownership

Funds ownership: 74.89% [Q2] → 74.85% (-0.04%) [Q3]

3% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 32

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 21% upside
• Avg. target: $14.70 61% upside
• High target: $20 119% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Stifel Brad Reback 72% 1-year accuracy 34 / 47 met price target	21% upside $11	Buy Maintained	18 Dec 2024
Northland Capital Markets Nehal Chokshi 67% 1-year accuracy 8 / 12 met price target	37% upside $12.50	Outperform Maintained	1 Nov 2024
Barrington Research Vincent Colicchio 59% 1-year accuracy 44 / 74 met price target	86% upside $17	Outperform Maintained	1 Nov 2024
Needham Joshua Reilly 69% 1-year accuracy 60 / 87 met price target	119% upside $20	Buy Reiterated	1 Nov 2024
Stephens & Co. Charles Nabhan 81% 1-year accuracy 17 / 21 met price target	43% upside $13	Overweight Initiated	16 Oct 2024