Agilysys, Inc. (NASDAQ:AGYS - Get Free Report) CFO William Wood, III sold 961 shares of the company's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $116.00, for a total transaction of $111,476.00. Following the completion of the sale, the chief financial officer owned 35,872 shares in the company, valued at $4,161,152. This represents a 2.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
William David Wood III also recently made the following trade(s):
- On Tuesday, August 18th, William Wood, III sold 6,000 shares of Agilysys stock. The shares were sold at an average price of $114.72, for a total transaction of $688,320.00.
Agilysys Stock Performance
Shares of NASDAQ AGYS opened at $119.87 on Wednesday. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of 77.62, a PEG ratio of 3.22 and a beta of 0.40. Agilysys, Inc. has a fifty-two week low of $61.50 and a fifty-two week high of $133.32. The firm's 50-day simple moving average is $108.70 and its 200 day simple moving average is $92.33.
Agilysys (NASDAQ:AGYS - Get Free Report) last issued its quarterly earnings data on Monday, October 26th. The software maker reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.12. The firm had revenue of $93.36 million during the quarter, compared to analyst estimates of $90.92 million. Agilysys had a return on equity of 12.98% and a net margin of 12.88%. The company's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.41 EPS. On average, sell-side analysts predict that Agilysys, Inc. will post 1.83 EPS for the current year.
Analysts Set New Price Targets
AGYS has been the subject of several recent research reports. Zacks Research downgraded Agilysys from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. UBS Group set a $145.00 price objective on Agilysys in a research note on Tuesday, October 27th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Agilysys in a report on Tuesday, July 28th. Piper Sandler lifted their price objective on shares of Agilysys from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Tuesday, October 27th. Finally, Oppenheimer reiterated an "outperform" rating and issued a $135.00 target price (up from $118.00) on shares of Agilysys in a research note on Tuesday, October 27th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $141.25.
Read Our Latest Stock Analysis on Agilysys
Institutional Trading of Agilysys
Hedge funds have recently bought and sold shares of the business. Pinnacle Wealth Planning Services Inc. grew its stake in Agilysys by 36.0% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 393 shares of the software maker's stock valued at $38,000 after purchasing an additional 104 shares during the period. Glenmede Trust Co. NA increased its position in shares of Agilysys by 3.1% during the 1st quarter. Glenmede Trust Co. NA now owns 5,518 shares of the software maker's stock valued at $393,000 after purchasing an additional 165 shares during the last quarter. HB Wealth Management LLC increased its position in shares of Agilysys by 3.4% during the 2nd quarter. HB Wealth Management LLC now owns 6,088 shares of the software maker's stock valued at $636,000 after purchasing an additional 198 shares during the last quarter. Versant Capital Management Inc increased its position in shares of Agilysys by 123.9% during the 2nd quarter. Versant Capital Management Inc now owns 421 shares of the software maker's stock valued at $44,000 after purchasing an additional 233 shares during the last quarter. Finally, MCF Advisors LLC raised its stake in shares of Agilysys by 120.3% during the 2nd quarter. MCF Advisors LLC now owns 478 shares of the software maker's stock worth $50,000 after purchasing an additional 261 shares during the period. 88.00% of the stock is currently owned by institutional investors.
Agilysys Company Profile
(
Get Free Report)
Agilysys, Inc develops and provides hospitality technology for hotels, resorts, casinos, cruise lines and other guest-focused businesses. Its software and services are designed to help operators manage core property functions, improve guest experiences and streamline food, beverage and retail operations.
The company's product portfolio includes property-management systems, point-of-sale solutions, inventory and procurement tools, payment services, guest-facing applications, mobile ordering and resort-management software.
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