Axiom Investors LLC DE Has $2.28 Million Stake in Agilysys, Inc. $AGYS

Key Points

• Axiom Investors LLC DE has reduced its stake in Agilysys, Inc. by 64% to 31,390 shares, valued at approximately $2.28 million.
• Recent earnings reveal that Agilysys missed analysts' consensus EPS estimate by $0.03, reporting $0.33 EPS and revenues of $76.68 million, a 20.7% increase year-over-year.
• Brokerages have given Agilysys a consensus rating of "Buy" with target prices ranging from $105 to $152, highlighting positive growth projections.

Axiom Investors LLC DE decreased its holdings in Agilysys, Inc. (NASDAQ:AGYS - Free Report) by 64.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,390 shares of the software maker's stock after selling 55,896 shares during the period. Axiom Investors LLC DE owned about 0.11% of Agilysys worth $2,277,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AGYS. Harbor Investment Advisory LLC grew its stake in shares of Agilysys by 64.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 609 shares of the software maker's stock valued at $44,000 after buying an additional 239 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Agilysys by 30.1% in the 1st quarter. Advisors Asset Management Inc. now owns 688 shares of the software maker's stock valued at $50,000 after buying an additional 159 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new stake in shares of Agilysys in the 4th quarter valued at approximately $64,000. AlphaQuest LLC grew its stake in shares of Agilysys by 2,026.0% in the 1st quarter. AlphaQuest LLC now owns 1,063 shares of the software maker's stock valued at $77,000 after buying an additional 1,013 shares in the last quarter. Finally, Cloud Capital Management LLC bought a new stake in shares of Agilysys in the 1st quarter valued at approximately $86,000. Institutional investors own 88.00% of the company's stock.

Agilysys Stock Up 3.1%

Shares of AGYS stock opened at $113.94 on Tuesday. Agilysys, Inc. has a 12 month low of $63.71 and a 12 month high of $142.64. The firm has a market cap of $3.20 billion, a PE ratio of 227.88 and a beta of 0.64. The stock has a 50 day moving average of $112.10 and a 200-day moving average of $95.22. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 0.04.

Agilysys (NASDAQ:AGYS - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The software maker reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.03). Agilysys had a return on equity of 11.13% and a net margin of 4.85%.The business had revenue of $76.68 million for the quarter, compared to analyst estimates of $74.42 million. During the same quarter last year, the firm earned $0.30 earnings per share. The firm's quarterly revenue was up 20.7% compared to the same quarter last year. Agilysys has set its FY 2026 guidance at EPS. On average, equities analysts predict that Agilysys, Inc. will post 0.8 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AGYS. Cantor Fitzgerald started coverage on Agilysys in a research note on Tuesday, June 3rd. They issued an "overweight" rating and a $125.00 price target for the company. Needham & Company LLC reaffirmed 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. Oppenheimer upped their target price on Agilysys from $90.00 to $120.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Finally, Northland Securities set a $152.00 target price on Agilysys in a research report on Tuesday, May 20th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $120.86.

Insider Transactions at Agilysys

In other news, insider Chris J. Robertson sold 258 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $113.39, for a total transaction of $29,254.62. Following the completion of the transaction, the insider directly owned 21,137 shares in the company, valued at $2,396,724.43. The trade was a 1.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Kyle C. Badger sold 326 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $113.39, for a total value of $36,965.14. Following the transaction, the senior vice president owned 114,791 shares of the company's stock, valued at approximately $13,016,151.49. This trade represents a 0.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 905 shares of company stock worth $102,618 over the last three months. 8.60% of the stock is currently owned by insiders.

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.

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