Kyle C. Badger Sells 471 Shares of Agilysys, Inc. (NASDAQ:AGYS) Stock

Agilysys, Inc. (NASDAQ:AGYS) SVP Kyle C. Badger sold 471 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $100.86, for a total value of $47,505.06. Following the sale, the senior vice president now owns 115,117 shares in the company, valued at $11,610,700.62. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Agilysys Price Performance

AGYS opened at $104.14 on Wednesday. Agilysys, Inc. has a 52-week low of $73.52 and a 52-week high of $125.73. The company has a 50 day moving average of $108.17 and a two-hundred day moving average of $102.39. The company has a market cap of $2.91 billion, a P/E ratio of 29.67 and a beta of 0.85. The company has a quick ratio of 1.07, a current ratio of 1.13 and a debt-to-equity ratio of 0.19.

Agilysys (NASDAQ:AGYS) last announced its quarterly earnings results on Monday, October 28th. The software maker reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. Agilysys had a net margin of 37.54% and a return on equity of 10.53%. The firm had revenue of $68.30 million during the quarter, compared to analysts’ expectations of $67.54 million. During the same period in the prior year, the company earned $0.25 EPS. The firm’s revenue was up 16.6% on a year-over-year basis. On average, analysts expect that Agilysys, Inc. will post 0.81 earnings per share for the current year.

Institutional Investors Weigh In On Agilysys

A number of large investors have recently modified their holdings of AGYS. GAMMA Investing LLC boosted its holdings in Agilysys by 162.1% in the 2nd quarter. GAMMA Investing LLC now owns 249 shares of the software maker’s stock worth $26,000 after acquiring an additional 154 shares during the period. CWM LLC lifted its position in shares of Agilysys by 390.2% during the second quarter. CWM LLC now owns 250 shares of the software maker’s stock worth $26,000 after purchasing an additional 199 shares in the last quarter. Larson Financial Group LLC purchased a new position in shares of Agilysys in the second quarter valued at $32,000. NBC Securities Inc. acquired a new stake in Agilysys during the 3rd quarter valued at $46,000. Finally, Exchange Traded Concepts LLC increased its stake in Agilysys by 76.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 474 shares of the software maker’s stock worth $52,000 after buying an additional 205 shares during the period. Institutional investors and hedge funds own 88.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Northland Securities reissued an “outperform” rating and issued a $145.00 price target (up from $132.00) on shares of Agilysys in a research note on Tuesday, October 29th. BTIG Research boosted their target price on shares of Agilysys from $118.00 to $124.00 and gave the company a “buy” rating in a report on Tuesday, October 29th. Craig Hallum upped their price target on shares of Agilysys from $105.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, July 23rd. Oppenheimer lifted their price target on shares of Agilysys from $100.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, July 19th. Finally, StockNews.com downgraded Agilysys from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.80.

Agilysys Company Profile

Agilysys, Inc operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services.