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

Agilysys, Inc. (NASDAQ:AGYS) Director Kaufman 2012 Descendants Trust sold 7,500 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $126.26, for a total value of $946,950.00. Following the transaction, the director now directly owns 285,576 shares in the company, valued at $36,056,825.76. The trade was a 2.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• 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 value of $997,350.00.
• On Friday, January 10th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was sold at an average price of $130.29, for a total transaction of $977,175.00.
• On Wednesday, January 8th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $132.04, for a total transaction of $990,300.00.
• On Monday, January 6th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was 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 transaction of $979,125.00.

Agilysys Price Performance

Shares of Agilysys stock traded up $1.80 during trading on Wednesday, hitting $132.75. 174,345 shares of the company’s stock traded hands, compared to its average volume of 174,449. The company has a market cap of $3.71 billion, a PE ratio of 37.82 and a beta of 0.94. The firm’s fifty day moving average price is $131.11 and its 200 day moving average price is $116.08. Agilysys, Inc. has a twelve month low of $73.52 and a twelve month high of $142.64. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.13 and a quick ratio of 1.07.

Agilysys (NASDAQ:AGYS) last released its quarterly earnings data on Monday, October 28th. The software maker reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $67.54 million. During the same period in the previous year, the business earned $0.25 earnings per share. The company’s quarterly revenue was up 16.6% on a year-over-year basis. Analysts forecast that Agilysys, Inc. will post 0.81 earnings per share for the current year.

Institutional Trading of Agilysys

Institutional investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. raised its stake in Agilysys by 117.4% during the third quarter. Advisors Asset Management Inc. now owns 337 shares of the software maker’s stock worth $37,000 after acquiring an additional 182 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Agilysys by 66.7% during the 3rd quarter. GAMMA Investing LLC now owns 415 shares of the software maker’s stock worth $45,000 after purchasing an additional 166 shares in the last quarter. NBC Securities Inc. bought a new stake in Agilysys during the 3rd quarter worth approximately $46,000. Exchange Traded Concepts LLC increased its position in Agilysys by 76.2% in the 3rd quarter. Exchange Traded Concepts LLC now owns 474 shares of the software maker’s stock valued at $52,000 after acquiring an additional 205 shares in the last quarter. Finally, CWM LLC raised its position in Agilysys by 169.2% in the 3rd quarter. CWM LLC now owns 673 shares of the software maker’s stock worth $73,000 after purchasing an additional 423 shares during the last quarter. Institutional investors and hedge funds own 88.00% of the company’s stock.

Analysts Set New Price Targets

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

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.