Agilysys, Inc. (NASDAQ:AGYS) CFO William David Wood III Sells 1,870 Shares

Agilysys, Inc. (NASDAQ:AGYS) CFO William David Wood III sold 1,870 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $134.01, for a total value of $250,598.70. Following the completion of the sale, the chief financial officer now owns 47,609 shares in the company, valued at approximately $6,380,082.09. This trade represents a 3.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

William David Wood III also recently made the following trade(s):

• On Friday, November 1st, William David Wood III sold 588 shares of Agilysys stock. The shares were sold at an average price of $100.86, for a total value of $59,305.68.

Agilysys Trading Up 0.5 %

NASDAQ AGYS opened at $133.64 on Thursday. The company has a market cap of $3.74 billion, a PE ratio of 38.07 and a beta of 0.93. The company has a current ratio of 1.13, a quick ratio of 1.07 and a debt-to-equity ratio of 0.19. Agilysys, Inc. has a 12 month low of $73.52 and a 12 month high of $139.99. The stock has a 50 day moving average of $117.44 and a 200-day moving average of $108.54.

Agilysys (NASDAQ:AGYS) last released its quarterly earnings data on Monday, October 28th. The software maker reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Agilysys had a return on equity of 10.53% and a net margin of 37.54%. The company had revenue of $68.30 million during the quarter, compared to the consensus estimate of $67.54 million. During the same quarter in the prior year, the firm posted $0.25 EPS. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, equities research analysts anticipate that Agilysys, Inc. will post 0.81 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AGYS. CWM LLC increased its position in Agilysys by 390.2% during the 2nd quarter. CWM LLC now owns 250 shares of the software maker’s stock worth $26,000 after buying an additional 199 shares during the period. GAMMA Investing LLC increased its position in Agilysys by 162.1% during the 2nd quarter. GAMMA Investing LLC now owns 249 shares of the software maker’s stock worth $26,000 after buying an additional 154 shares during the period. Larson Financial Group LLC bought a new position in Agilysys during the 2nd quarter worth $32,000. Advisors Asset Management Inc. increased its position in Agilysys by 117.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 337 shares of the software maker’s stock worth $37,000 after buying an additional 182 shares during the period. Finally, NBC Securities Inc. bought a new position in shares of Agilysys in the third quarter worth $46,000. Institutional investors own 88.00% of the company’s stock.

Analyst Upgrades and Downgrades

AGYS has been the subject of a number of recent research reports. Oppenheimer upped their price target on Agilysys from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday. StockNews.com downgraded Agilysys from a “buy” rating to a “hold” rating in a research report on Thursday, October 31st. Northland Securities reaffirmed an “outperform” rating and set a $145.00 price target (up previously from $132.00) on shares of Agilysys in a research report on Tuesday, October 29th. Needham & Company LLC upped their price target on Agilysys from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, BTIG Research upped their price target on Agilysys from $118.00 to $124.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. 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 data from MarketBeat, Agilysys has an average rating of “Moderate Buy” and a consensus price target of $137.80.

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.