Agilysys, Inc. $AGYS Shares Acquired by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC has significantly increased its stake in Agilysys, Inc. by 422.9%, bringing their total holdings to 10,302 shares worth approximately $747,000.
• Agilysys recently reported $0.33 EPS for the quarter, missing expectations, but its revenue grew 20.7% year-over-year to $76.68 million.
• The stock has received multiple positive ratings from analysts, with a consensus price target of $120.86 and multiple ratings of "Buy" from various financial institutions.

EntryPoint Capital LLC raised its position in Agilysys, Inc. (NASDAQ:AGYS - Free Report) by 422.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 10,302 shares of the software maker's stock after purchasing an additional 8,332 shares during the period. Agilysys comprises approximately 0.3% of EntryPoint Capital LLC's portfolio, making the stock its 19th biggest holding. EntryPoint Capital LLC's holdings in Agilysys were worth $747,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in AGYS. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Agilysys during the 1st quarter worth about $16,343,000. Wellington Management Group LLP grew its holdings in shares of Agilysys by 99.3% during the first quarter. Wellington Management Group LLP now owns 388,978 shares of the software maker's stock worth $28,216,000 after buying an additional 193,812 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Agilysys by 17.9% during the first quarter. Northern Trust Corp now owns 421,751 shares of the software maker's stock worth $30,594,000 after buying an additional 64,062 shares in the last quarter. Roubaix Capital LLC acquired a new position in shares of Agilysys in the first quarter valued at approximately $4,914,000. Finally, Raymond James Financial Inc. lifted its stake in shares of Agilysys by 26.0% during the first quarter. Raymond James Financial Inc. now owns 187,832 shares of the software maker's stock valued at $13,625,000 after buying an additional 38,739 shares during the period. 88.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Northland Securities set a $152.00 price objective on Agilysys in a research report on Tuesday, May 20th. Cantor Fitzgerald started coverage on Agilysys in a report on Tuesday, June 3rd. They issued an "overweight" rating and a $125.00 price target for the company. Needham & Company LLC reiterated a "buy" rating and set a $105.00 price objective (up from $100.00) on shares of Agilysys in a report on Tuesday, May 20th. Finally, Oppenheimer raised 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. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $120.86.

Agilysys Stock Down 1.1%

Shares of AGYS traded down $1.19 during midday trading on Monday, reaching $109.34. 20,333 shares of the company were exchanged, compared to its average volume of 307,269. 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 1-year low of $63.71 and a 1-year high of $142.64. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 218.68 and a beta of 0.71. The stock has a 50-day moving average price of $112.77 and a 200-day moving average price of $93.29.

Agilysys (NASDAQ:AGYS - Get Free Report) last announced its earnings results on Monday, July 21st. The software maker reported $0.33 earnings per share (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 analysts' expectations of $74.42 million. During the same period in the previous year, the firm posted $0.30 earnings per share. The firm's revenue was up 20.7% compared to the same quarter last year. Agilysys has set its FY 2026 guidance at EPS. Research analysts expect that Agilysys, Inc. will post 0.8 earnings per share for the current year.

Insider Transactions at Agilysys

In related news, Director John Mutch sold 500 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $110.83, for a total transaction of $55,415.00. Following the completion of the transaction, the director directly owned 31,404 shares in the company, valued at $3,480,505.32. This represents a 1.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO William David Wood III sold 321 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $113.39, for a total value of $36,398.19. Following the completion of the sale, the chief financial officer owned 47,288 shares in the company, valued at $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 quarter, insiders sold 1,405 shares of company stock valued at $158,033. 8.60% of the stock is currently owned by insiders.

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.