Swiss National Bank Sells 600 Shares of Agilysys, Inc. $AGYS

Swiss National Bank lowered its position in Agilysys, Inc. (NASDAQ:AGYS) by 1.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,500 shares of the software maker’s stock after selling 600 shares during the period. Swiss National Bank owned approximately 0.18% of Agilysys worth $3,736,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AGYS. Bank of Montreal Can grew its position in shares of Agilysys by 14.9% in the 4th quarter. Bank of Montreal Can now owns 3,309 shares of the software maker’s stock worth $436,000 after buying an additional 430 shares during the last quarter. Barclays PLC grew its position in shares of Agilysys by 52.5% in the 4th quarter. Barclays PLC now owns 77,136 shares of the software maker’s stock worth $10,160,000 after buying an additional 26,564 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Agilysys by 151.8% in the 4th quarter. NewEdge Advisors LLC now owns 7,038 shares of the software maker’s stock worth $927,000 after buying an additional 4,243 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Agilysys in the 4th quarter worth approximately $145,000. Finally, MetLife Investment Management LLC grew its position in shares of Agilysys by 6.9% in the 4th quarter. MetLife Investment Management LLC now owns 13,650 shares of the software maker’s stock worth $1,798,000 after buying an additional 884 shares during the last quarter. Hedge funds and other institutional investors own 88.00% of the company’s stock.

Agilysys Stock Performance

Shares of NASDAQ AGYS opened at $106.50 on Thursday. The company has a current ratio of 1.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.04. Agilysys, Inc. has a 12 month low of $63.71 and a 12 month high of $142.64. The company has a 50 day simple moving average of $112.83 and a two-hundred day simple moving average of $92.90. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 213.00 and a beta of 0.71.

Agilysys (NASDAQ:AGYS) last announced its quarterly earnings data on Monday, July 21st. The software maker reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.03). Agilysys had a net margin of 4.85% and a return on equity of 11.13%. The business had revenue of $76.68 million for the quarter, compared to analyst estimates of $74.42 million. During the same quarter in the previous year, the firm posted $0.30 earnings per share. The business’s revenue was up 20.7% on a year-over-year basis. Agilysys has set its FY 2026 guidance at EPS. As a group, analysts predict that Agilysys, Inc. will post 0.8 earnings per share for the current year.

Insider Buying and Selling at Agilysys

In other Agilysys news, insider Chris J. Robertson sold 258 shares of Agilysys stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $113.39, for a total transaction of $29,254.62. Following the completion of the sale, the insider directly owned 21,137 shares in the company, valued at approximately $2,396,724.43. The trade was a 1.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO William David Wood III sold 321 shares of Agilysys stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $113.39, for a total transaction of $36,398.19. Following the sale, the chief financial officer owned 47,288 shares of the company’s stock, valued at approximately $5,361,986.32. The trade was a 0.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,405 shares of company stock valued at $158,033. 8.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

AGYS has been the topic of a number of analyst reports. Northland Securities set a $152.00 price objective on shares of Agilysys in a research report on Tuesday, May 20th. Oppenheimer boosted their target price on shares of Agilysys from $90.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Cantor Fitzgerald started coverage on shares of Agilysys in a research report on Tuesday, June 3rd. They set an “overweight” rating and a $125.00 target price on the stock. Finally, Needham & Company LLC reissued a “buy” rating and set a $105.00 target price (up previously from $100.00) on shares of Agilysys in a research report on Tuesday, May 20th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $120.86.

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.