New York State Common Retirement Fund Has $25 Million Stock Holdings in Agilysys, Inc. $AGYS

New York State Common Retirement Fund decreased its position in Agilysys, Inc. (NASDAQ:AGYS) by 44.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 237,526 shares of the software maker’s stock after selling 190,164 shares during the period. New York State Common Retirement Fund owned 0.85% of Agilysys worth $25,000,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wasatch Advisors LP boosted its stake in shares of Agilysys by 5.3% in the 2nd quarter. Wasatch Advisors LP now owns 1,004,918 shares of the software maker’s stock valued at $115,204,000 after purchasing an additional 50,536 shares during the last quarter. Geneva Capital Management LLC boosted its stake in Agilysys by 6.7% in the second quarter. Geneva Capital Management LLC now owns 816,637 shares of the software maker’s stock valued at $93,619,000 after acquiring an additional 51,274 shares during the last quarter. Brown Capital Management LLC grew its holdings in Agilysys by 0.3% during the 2nd quarter. Brown Capital Management LLC now owns 645,183 shares of the software maker’s stock worth $73,964,000 after acquiring an additional 1,854 shares during the period. Artisan Partners Limited Partnership grew its holdings in Agilysys by 9.3% during the 2nd quarter. Artisan Partners Limited Partnership now owns 629,891 shares of the software maker’s stock worth $72,211,000 after acquiring an additional 53,360 shares during the period. Finally, American Century Companies Inc. raised its position in shares of Agilysys by 38.7% during the 2nd quarter. American Century Companies Inc. now owns 627,660 shares of the software maker’s stock valued at $71,955,000 after acquiring an additional 175,137 shares during the last quarter. 88.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AGYS. UBS Group restated a “buy” rating on shares of Agilysys in a research report on Monday, December 15th. Zacks Research lowered Agilysys from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Wall Street Zen downgraded shares of Agilysys from a “buy” rating to a “hold” rating in a research report on Saturday. Oppenheimer lifted their price objective on shares of Agilysys from $130.00 to $140.00 and gave the stock an “outperform” rating in a research note on Thursday, December 4th. Finally, BTIG Research began coverage on shares of Agilysys in a research note on Tuesday, December 16th. They issued a “neutral” rating for the company. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $145.40.

Trending Headlines about Agilysys

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Needham reiterated a “Buy” rating on AGYS, providing support from a buy‑side firm that can help demand. Needham Reiterates Buy
• Positive Sentiment: Northland raised its Q4 2026 EPS view to $0.44 (from $0.37) and nudged FY2026 to $1.18, signaling some near‑term earnings upside versus prior company forecasts. MarketBeat: Northland Estimates
• Neutral Sentiment: Northland published a full slate of quarterly and FY estimates for FY2026–FY2027 (Q1–Q4 2027 and FY2027 at $1.59), which updates the modeling inputs investors use but does not by itself move fundamentals materially. MarketBeat: Detailed Estimates
• Neutral Sentiment: Short‑interest data released 1/28 appears internally inconsistent (reported as a big increase but showing zero shares/NaN); no clear short squeeze or persistent short pressure is evident from the published numbers. (Data appears unreliable.)
• Negative Sentiment: Zacks Research downgraded AGYS from “Hold” to “Strong Sell,” a headline downgrade that can weigh on sentiment and trigger outflows from momentum‑driven funds. Zacks Downgrade
• Negative Sentiment: Northland cut its FY2027 outlook (now $1.59, down from $1.89 previously), reducing longer‑term earnings expectations — a fundamental headwind for valuation. MarketBeat: FY2027 Revision
• Negative Sentiment: Shares had gapped down after Agilysys missed the prior quarter’s EPS estimate, a catalyst that likely triggered recent analyst re‑ratings and elevated volatility. Earnings Miss / Gap Down

Agilysys Price Performance

NASDAQ:AGYS opened at $86.75 on Friday. The business’s 50-day simple moving average is $117.05 and its 200-day simple moving average is $114.67. Agilysys, Inc. has a fifty-two week low of $63.71 and a fifty-two week high of $145.25. The stock has a market capitalization of $2.44 billion, a PE ratio of 81.07 and a beta of 0.43.

Agilysys (NASDAQ:AGYS) last posted its earnings results on Monday, January 26th. The software maker reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.04). Agilysys had a return on equity of 10.71% and a net margin of 9.79%.The business had revenue of $80.39 million for the quarter, compared to the consensus estimate of $79.07 million. During the same period in the previous year, the company posted $0.38 earnings per share. Agilysys’s revenue for the quarter was up 15.6% compared to the same quarter last year. On average, research analysts expect that Agilysys, Inc. will post 0.8 earnings per share for the current year.

Insider Buying and Selling at Agilysys

In related news, SVP Kyle C. Badger sold 502 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $124.64, for a total value of $62,569.28. Following the sale, the senior vice president directly owned 114,911 shares of the company’s stock, valued at approximately $14,322,507.04. The trade was a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Donald A. Colvin sold 6,000 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $123.28, for a total value of $739,680.00. Following the transaction, the director owned 24,592 shares of the company’s stock, valued at approximately $3,031,701.76. This trade represents a 19.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,576 shares of company stock valued at $1,189,070 over the last quarter. 8.60% of the stock is currently owned by corporate insiders.

Agilysys Profile

Agilysys, Inc is a publicly traded technology company (NASDAQ: AGYS) that specializes in providing software and services to the hospitality industry. The company’s solutions span property management, point-of-sale, inventory and procurement, workforce management, analytics and mobile guest engagement. These offerings are designed to streamline hotel and resort operations, enhance guest experiences and improve financial performance for clients across the lodging, gaming, cruise, senior living and higher-education markets.

Agilysys delivers its portfolio through both cloud-based and on-premises deployments, enabling hoteliers and hospitality operators to select the infrastructure model that best aligns with their operational requirements and IT strategies.