Deutsche Bank AG Has $27.86 Million Holdings in Agilysys, Inc. (NASDAQ:AGYS)

Deutsche Bank AG increased its position in Agilysys, Inc. (NASDAQ:AGYS - Free Report) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 211,548 shares of the software maker's stock after acquiring an additional 4,352 shares during the quarter. Deutsche Bank AG owned about 0.76% of Agilysys worth $27,863,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AGYS. Synergy Asset Management LLC increased its holdings in shares of Agilysys by 19.1% during the 4th quarter. Synergy Asset Management LLC now owns 86,080 shares of the software maker's stock worth $11,157,000 after purchasing an additional 13,785 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Agilysys by 381.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 424 shares of the software maker's stock worth $57,000 after purchasing an additional 336 shares during the period. Atria Investments Inc bought a new position in shares of Agilysys during the 4th quarter worth about $315,000. Shaker Investments LLC OH bought a new position in shares of Agilysys during the 4th quarter worth about $1,084,000. Finally, Conestoga Capital Advisors LLC increased its holdings in shares of Agilysys by 25.0% during the 4th quarter. Conestoga Capital Advisors LLC now owns 356,239 shares of the software maker's stock worth $46,920,000 after purchasing an additional 71,168 shares during the period. Institutional investors own 88.00% of the company's stock.

Agilysys Price Performance

Shares of Agilysys stock traded up $3.28 during trading on Friday, hitting $86.00. 311,049 shares of the company's stock traded hands, compared to its average volume of 260,429. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.14 and a quick ratio of 1.09. The firm's fifty day moving average price is $74.10 and its 200 day moving average price is $99.10. Agilysys, Inc. has a twelve month low of $63.71 and a twelve month high of $142.64. The company has a market cap of $2.40 billion, a PE ratio of 107.50 and a beta of 0.58.

Insider Activity

In other news, Director John Mutch sold 2,000 shares of Agilysys stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $77.87, for a total transaction of $155,740.00. Following the sale, the director now directly owns 32,654 shares in the company, valued at approximately $2,542,766.98. The trade was a 5.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 19.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on AGYS. UBS Group set a $100.00 price objective on shares of Agilysys in a report on Wednesday, March 5th. Needham & Company LLC dropped their price objective on shares of Agilysys from $125.00 to $100.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. Craig Hallum dropped their price objective on shares of Agilysys from $125.00 to $120.00 and set a "buy" rating on the stock in a report on Wednesday, January 22nd. Finally, Oppenheimer dropped their price objective on shares of Agilysys from $135.00 to $90.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. 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 presently has an average rating of "Moderate Buy" and a consensus target price of $120.00.

Agilysys 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.