Agilysys, Inc. $AGYS Shares Bought by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC raised its holdings in Agilysys, Inc. (NASDAQ:AGYS) by 5.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,482 shares of the software maker’s stock after acquiring an additional 173 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Agilysys were worth $399,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC raised its stake in shares of Agilysys by 43.2% during the 2nd quarter. GAMMA Investing LLC now owns 305 shares of the software maker’s stock worth $35,000 after buying an additional 92 shares during the last quarter. Yousif Capital Management LLC raised its stake in shares of Agilysys by 1.1% during the 2nd quarter. Yousif Capital Management LLC now owns 8,407 shares of the software maker’s stock worth $964,000 after buying an additional 94 shares during the last quarter. KLP Kapitalforvaltning AS raised its stake in shares of Agilysys by 1.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 5,700 shares of the software maker’s stock worth $653,000 after buying an additional 100 shares during the last quarter. New York State Teachers Retirement System raised its stake in shares of Agilysys by 0.3% during the 2nd quarter. New York State Teachers Retirement System now owns 32,140 shares of the software maker’s stock worth $3,685,000 after buying an additional 100 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Agilysys by 11.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,405 shares of the software maker’s stock worth $102,000 after buying an additional 141 shares during the last quarter. Institutional investors and hedge funds own 88.00% of the company’s stock.

Agilysys Stock Performance

Shares of AGYS opened at $115.14 on Tuesday. The business’s fifty day moving average price is $108.44 and its 200 day moving average price is $103.35. Agilysys, Inc. has a 12-month low of $63.71 and a 12-month high of $142.64. The stock has a market capitalization of $3.23 billion, a PE ratio of 230.28 and a beta of 0.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.11 and a quick ratio of 1.04.

Agilysys (NASDAQ:AGYS) last announced its quarterly earnings data on Wednesday, June 5th. The software maker reported $0.21 earnings per share (EPS) for the quarter. Agilysys had a return on equity of 11.13% and a net margin of 4.85%.The firm had revenue of $36.34 million for the quarter. Equities research analysts forecast that Agilysys, Inc. will post 0.8 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AGYS shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Agilysys in a research note on Wednesday, October 8th. Zacks Research raised shares of Agilysys from a “strong sell” rating to a “hold” rating in a research note on Monday, September 22nd. Finally, Oppenheimer increased their target price on shares of Agilysys from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 9th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.57.

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.