Asure Software (ASUR)

• Market cap: $298M
• 1 day: -1.40%
• 5 days: -6.25%
• 1 month: -9.27%
• 3 months: 18.17%
• 6 months: 33.14%
• Year to date: 18.80%
• 1 year: 10.73%
• 5 years: 24.86%
• 10 years: 87.81%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

331% more call options, than puts

Call options by funds: $535K | Put options by funds: $124K

22% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 27

6% more capital invested

Capital invested by funds: $179M [Q3] → $190M (+$10.8M) [Q4]

1.19% more ownership

Funds ownership: 74.89% [Q3] → 76.09% (+1.19%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

5% less funds holding

Funds holding: 95 [Q3] → 90 (-5) [Q4]

14% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 14

Research analyst outlook

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

• Low target: $11 2% downside
• Avg. target: $14.50 29% upside
• High target: $20 78% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Needham Joshua Reilly 62% 1-year accuracy 50 / 81 met price target	78% upside $20	Buy Reiterated	15 Jan 2025
Stephens & Co. Charles Nabhan 59% 1-year accuracy 16 / 27 met price target	16% upside $13	Overweight Reiterated	15 Jan 2025
Northland Capital Markets Greg Gibas 43% 1-year accuracy 9 / 21 met price target	24% upside $14	Outperform Maintained	8 Jan 2025
Stifel Brad Reback 66% 1-year accuracy 33 / 50 met price target	2% downside $11	Buy Maintained	18 Dec 2024