2 weeks Ago By Defense World Staff
Bank of Montreal Can raised its stake in Agilysys, Inc. ( NASDAQ:AGYS – Free Report ) by 14.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 3,309 shares of the software maker’s stock after acquiring an additional 430 shares during the quarter. Bank of Montreal Can’s holdings in Agilysys were worth $436,000 as of its most recent SEC filing. Several other hedge funds also recently modified their holdings of the company.
Harbor Investment Advisory LLC boosted its position in shares of Agilysys by 109.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 370 shares of the software maker’s stock valued at $49,000 after purchasing an additional 193 shares in the last quarter.
Smartleaf Asset Management LLC lifted its position in Agilysys by 381.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 424 shares of the software maker’s stock valued at $57,000 after acquiring an additional 336 shares in the last quarter.
Arcadia Investment Management Corp MI bought a new stake in shares of Agilysys in the 4th quarter worth $61,000. Assetmark Inc. bought a new position in shares of Agilysys in the fourth quarter valued at approximately $115,000.
Finally, Huntington National Bank boosted its holdings in shares of Agilysys by 319.1% in the 4th quarter. Huntington National Bank now owns 922 shares of the software maker’s stock worth $121,000 after buying an additional 702 shares during the last quarter.
Institutional investors and hedge funds own 88.00% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have recently commented on AGYS.
UBS Group set a $100.00 price target on Agilysys in a report on Wednesday, March 5th. Northland Securities upped their price target on shares of Agilysys from $145.
00 to $186.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Oppenheimer decreased their price target on Agilysys from $135.
00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. Needham & Company LLC dropped their target price on shares of Agilysys from $125.
00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Finally, Craig Hallum cut their target price on shares of Agilysys from $125.
00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock.
Based on data from MarketBeat, Agilysys currently has an average rating of “Moderate Buy” and a consensus price target of $120.00. Agilysys Trading Up 2.
0 % Shares of AGYS opened at $69.11 on Wednesday. The company has a debt-to-equity ratio of 0.
15, a quick ratio of 1.09 and a current ratio of 1.14.
Agilysys, Inc. has a fifty-two week low of $63.71 and a fifty-two week high of $142.
64. The company’s fifty day moving average is $75.02 and its 200 day moving average is $103.
45. The stock has a market capitalization of $1.93 billion, a PE ratio of 86.
39 and a beta of 0.64. Agilysys ( NASDAQ:AGYS – Get Free Report ) last announced its quarterly earnings data on Tuesday, January 21st.
The software maker reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.
04. The business had revenue of $69.60 million during the quarter, compared to the consensus estimate of $73.
15 million. Agilysys had a net margin of 8.45% and a return on equity of 9.
38%. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year.
During the same quarter last year, the firm earned $0.35 earnings per share. Sell-side analysts expect that Agilysys, Inc.
will post 0.8 earnings per share for the current fiscal year. Insider Buying and Selling In other news, Director Kaufman 2012 Descendants Trust sold 7,500 shares of the business’s stock in a transaction on Thursday, January 23rd.
The shares were sold at an average price of $96.68, for a total transaction of $725,100.00.
Following the sale, the director now directly owns 233,076 shares of the company’s stock, valued at $22,533,787.68. The trade was a 3.
12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, Director John Mutch sold 750 shares of the firm’s stock in a transaction that occurred on Monday, March 17th.
The stock was sold at an average price of $75.33, for a total transaction of $56,497.50.
Following the transaction, the director now directly owns 31,904 shares of the company’s stock, valued at $2,403,328.32. This represents a 2.
30 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 10,250 shares of company stock valued at $937,338 over the last three months.
19.30% of the stock is owned by company insiders. About Agilysys ( 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. Featured Stories Five stocks we like better than Agilysys Canadian Penny Stocks: Can They Make You Rich? How to Invest in Micro-Cap Stocks Like a Pro Short Selling – The Pros and Cons Investors Sell Microsoft Stock on OpenAI News—Time to Buy? Why Are These Companies Considered Blue Chips? Take-Two Interactive: A Defensive Play Set to Explode Receive News & Ratings for Agilysys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilysys and related companies with MarketBeat.com's FREE daily email newsletter .
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