Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Asure Software Inc shares valued at $43,450 were sold by GILL DANIEL M on Aug 29 ’24. At $8.69 per share, GILL DANIEL M sold 5,000 shares. The insider’s holdings dropped to 28,165 shares worth approximately $0.32 million following the completion of this transaction.
Also, GILL DANIEL M purchased 5,000 shares, netting a total of over 43,436 in proceeds.
Before that, Goldstein Eyal had sold 10,000 shares from its account. In a trade valued at $84,400, the Chief Revenue Officer traded Asure Software Inc shares for $8.44 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $2.71 million.
As published in a research note from Lake Street on January 07, 2025, Asure Software Inc [ASUR] has been rated up from a Hold to a Buy. Analysts at Stephens started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid October. As of November 14, 2023, Lake Street has decreased its “Buy” rating to a “Hold” for ASUR. Earlier on September 08, 2023, Stifel initiated its rating. Their recommendation was “a Buy” for ASUR stock.
Analyzing ASUR Stock Performance
During the last five days, there has been a surge of approximately 20.40%. Over the course of the year, Asure Software Inc shares have jumped approximately 20.40%. Shares of the company reached a 52-week high of $11.47 on 01/07/25 and a 52-week low of $9.35 on 01/03/25. A 50-day SMA is recorded $9.40, while a 200-day SMA reached $8.59. Nevertheless, trading volume fell to 0.19 million shares from 0.48 million shares the previous day.
Support And Resistance Levels for Asure Software Inc (ASUR)
According to the 24-hour chart, there is a support level at 11.07, which, if violated, would cause prices to drop to 10.82. In the upper region, resistance lies at 11.52. The next price resistance is at 11.71. RSI (Relative Strength Index) is 78.17 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.25, which suggests the price will increase in the coming days. Percent R is at 5.69%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
