Mak Capital One Llc Sells 25,747 Shares of Agilysys, Inc. (NASDAQ:AGYS) Stock

Agilysys, Inc. (NASDAQ:AGYSGet Free Report) Director Mak Capital One Llc sold 25,747 shares of Agilysys stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $92.88, for a total value of $2,391,381.36. Following the completion of the sale, the director now directly owns 1,557,010 shares in the company, valued at approximately $144,615,088.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Mak Capital One Llc also recently made the following trade(s):

  • On Friday, June 7th, Mak Capital One Llc sold 66,795 shares of Agilysys stock. The shares were sold at an average price of $93.80, for a total value of $6,265,371.00.
  • On Wednesday, June 5th, Mak Capital One Llc sold 28,429 shares of Agilysys stock. The shares were sold at an average price of $95.44, for a total value of $2,713,263.76.
  • On Monday, June 3rd, Mak Capital One Llc sold 47,562 shares of Agilysys stock. The shares were sold at an average price of $93.59, for a total value of $4,451,327.58.
  • On Thursday, May 30th, Mak Capital One Llc sold 27,796 shares of Agilysys stock. The shares were sold at an average price of $94.59, for a total value of $2,629,223.64.
  • On Tuesday, May 28th, Mak Capital One Llc sold 116,653 shares of Agilysys stock. The shares were sold at an average price of $100.12, for a total value of $11,679,298.36.
  • On Friday, May 24th, Mak Capital One Llc sold 39,955 shares of Agilysys stock. The shares were sold at an average price of $103.34, for a total value of $4,128,949.70.

Agilysys Stock Performance

Agilysys stock opened at $90.52 on Friday. Agilysys, Inc. has a 52 week low of $63.08 and a 52 week high of $105.00. The stock has a market capitalization of $2.48 billion, a P/E ratio of 28.65 and a beta of 0.78. The stock has a 50-day simple moving average of $88.98 and a 200 day simple moving average of $84.46.

Agilysys (NASDAQ:AGYSGet Free Report) last posted its quarterly earnings results on Monday, May 13th. The software maker reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. Agilysys had a return on equity of 15.52% and a net margin of 36.30%. The business had revenue of $62.22 million during the quarter, compared to analysts’ expectations of $61.95 million. During the same quarter last year, the company posted $0.26 earnings per share. Agilysys’s quarterly revenue was up 17.6% on a year-over-year basis. Research analysts forecast that Agilysys, Inc. will post 0.64 earnings per share for the current year.

Hedge Funds Weigh In On Agilysys

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP boosted its holdings in shares of Agilysys by 439.5% during the first quarter. Wasatch Advisors LP now owns 1,007,626 shares of the software maker’s stock worth $84,903,000 after acquiring an additional 820,840 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Agilysys by 159.4% during the third quarter. Wellington Management Group LLP now owns 601,776 shares of the software maker’s stock worth $39,814,000 after acquiring an additional 369,780 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Agilysys by 12.3% during the first quarter. Vanguard Group Inc. now owns 1,976,386 shares of the software maker’s stock worth $166,530,000 after acquiring an additional 217,008 shares during the period. Geneva Capital Management LLC boosted its holdings in shares of Agilysys by 19.9% during the fourth quarter. Geneva Capital Management LLC now owns 620,361 shares of the software maker’s stock worth $52,619,000 after acquiring an additional 102,939 shares during the period. Finally, Lord Abbett & CO. LLC boosted its holdings in shares of Agilysys by 13.8% during the first quarter. Lord Abbett & CO. LLC now owns 722,995 shares of the software maker’s stock worth $60,920,000 after acquiring an additional 87,549 shares during the period. Institutional investors own 88.00% of the company’s stock.

Wall Street Analyst Weigh In

AGYS has been the topic of a number of recent research reports. StockNews.com downgraded Agilysys from a “buy” rating to a “hold” rating in a research report on Wednesday, May 15th. Needham & Company LLC lifted their target price on Agilysys from $100.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, May 23rd. Finally, Oppenheimer lifted their target price on Agilysys from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Tuesday, May 14th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Agilysys presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.33.

Check Out Our Latest Research Report on Agilysys

About Agilysys

(Get Free Report)

Agilysys, Inc, together with its subsidiaries, operates as a developer and marketer of hardware and software products and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers point of sale, property management systems, inventory and procurement, payments, activity scheduling, reservations management, and related solutions to enhance guest experience.

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