Agilysys, Inc. (NASDAQ:AGYS) Director Kaufman 2012 Descendants Trust Sells 7,500 Shares

by · The Markets Daily

Agilysys, Inc. (NASDAQ:AGYS – Get Free Report) Director Kaufman 2012 Descendants Trust sold 7,500 shares of the stock in a transaction on Friday, January 17th. The stock was sold at an average price of $128.17, for a total value of $961,275.00. Following the completion of the transaction, the director now owns 255,576 shares in the company, valued at approximately $32,757,175.92. This represents a 2.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Kaufman 2012 Descendants Trust also recently made the following trade(s):

  • On Tuesday, January 21st, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was sold at an average price of $125.49, for a total transaction of $941,175.00.
  • On Wednesday, January 15th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $132.98, for a total transaction of $997,350.00.
  • On Monday, January 13th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was sold at an average price of $126.26, for a total transaction of $946,950.00.
  • On Friday, January 10th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $130.29, for a total value of $977,175.00.
  • On Wednesday, January 8th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was sold at an average price of $132.04, for a total value of $990,300.00.
  • On Monday, January 6th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $130.34, for a total value of $977,550.00.
  • On Thursday, January 2nd, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $130.55, for a total value of $979,125.00.

Agilysys Stock Performance

AGYS stock traded up $4.09 during mid-day trading on Tuesday, hitting $125.90. The company had a trading volume of 678,600 shares, compared to its average volume of 254,297. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.07 and a current ratio of 1.13. The firm has a market cap of $3.52 billion, a PE ratio of 35.87 and a beta of 0.94. Agilysys, Inc. has a 12 month low of $74.03 and a 12 month high of $142.64. The stock’s fifty day moving average price is $131.80 and its two-hundred day moving average price is $116.74.

Agilysys (NASDAQ:AGYS – Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The software maker reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. Agilysys had a net margin of 37.54% and a return on equity of 10.53%. The company had revenue of $69.60 million for the quarter, compared to analysts’ expectations of $73,149.20 billion. During the same quarter in the previous year, the firm posted $0.35 EPS. Agilysys’s revenue was up 14.9% on a year-over-year basis. On average, analysts forecast that Agilysys, Inc. will post 0.81 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AGYS has been the subject of several recent analyst reports. StockNews.com lowered shares of Agilysys from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. Northland Securities boosted their price target on shares of Agilysys from $145.00 to $186.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. BTIG Research increased their price objective on shares of Agilysys from $118.00 to $124.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. Oppenheimer boosted their target price on Agilysys from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Finally, Needham & Company LLC upped their target price on Agilysys from $125.00 to $145.00 and gave the company a “buy” rating in a report on Friday, November 15th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $146.00.

Read Our Latest Stock Analysis on Agilysys

Institutional Investors Weigh In On Agilysys

Several institutional investors have recently added to or reduced their stakes in AGYS. Linden Thomas Advisory Services LLC raised its holdings in Agilysys by 21.1% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 3,065 shares of the software maker’s stock valued at $404,000 after acquiring an additional 535 shares during the period. SG Americas Securities LLC boosted its position in shares of Agilysys by 320.5% during the 4th quarter. SG Americas Securities LLC now owns 4,192 shares of the software maker’s stock valued at $552,000 after acquiring an additional 3,195 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in Agilysys by 109.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 370 shares of the software maker’s stock worth $49,000 after buying an additional 193 shares in the last quarter. Albert D Mason Inc. increased its holdings in shares of Agilysys by 2.3% in the 4th quarter. Albert D Mason Inc. now owns 11,798 shares of the software maker’s stock worth $1,554,000 after buying an additional 267 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Agilysys by 2.6% during the 3rd quarter. Principal Financial Group Inc. now owns 115,901 shares of the software maker’s stock valued at $12,630,000 after buying an additional 2,949 shares in the last quarter. 88.00% of the stock is owned by hedge funds and other institutional investors.

Agilysys Company Profile

(Get Free Report)

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.

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