Agilysys, Inc. (AGYS) Major Shareholder Bermuda One Fund Llc Sells 16,900 Shares

Agilysys, Inc. (NASDAQ:AGYS) major shareholder Bermuda One Fund Llc sold 16,900 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $21.10, for a total transaction of $356,590.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Bermuda One Fund Llc also recently made the following trade(s):

  • On Monday, May 20th, Bermuda One Fund Llc sold 32,800 shares of Agilysys stock. The shares were sold at an average price of $21.14, for a total transaction of $693,392.00.
  • On Wednesday, May 15th, Bermuda One Fund Llc sold 27,100 shares of Agilysys stock. The shares were sold at an average price of $19.88, for a total transaction of $538,748.00.
  • On Friday, May 10th, Bermuda One Fund Llc sold 16,400 shares of Agilysys stock. The shares were sold at an average price of $19.32, for a total transaction of $316,848.00.
  • On Tuesday, May 7th, Bermuda One Fund Llc sold 15,651 shares of Agilysys stock. The shares were sold at an average price of $19.33, for a total transaction of $302,533.83.
  • On Thursday, May 2nd, Bermuda One Fund Llc sold 22,400 shares of Agilysys stock. The shares were sold at an average price of $18.92, for a total transaction of $423,808.00.
  • On Friday, April 26th, Bermuda One Fund Llc sold 3,200 shares of Agilysys stock. The shares were sold at an average price of $18.93, for a total transaction of $60,576.00.
  • On Monday, April 29th, Bermuda One Fund Llc sold 11,700 shares of Agilysys stock. The shares were sold at an average price of $18.94, for a total transaction of $221,598.00.
  • On Monday, April 22nd, Bermuda One Fund Llc sold 8,000 shares of Agilysys stock. The shares were sold at an average price of $18.63, for a total transaction of $149,040.00.
  • On Wednesday, April 24th, Bermuda One Fund Llc sold 17,400 shares of Agilysys stock. The shares were sold at an average price of $18.89, for a total transaction of $328,686.00.
  • On Wednesday, April 17th, Bermuda One Fund Llc sold 3,900 shares of Agilysys stock. The shares were sold at an average price of $19.42, for a total value of $75,738.00.

Shares of NASDAQ AGYS opened at $22.59 on Thursday. The company has a market capitalization of $529.78 million, a P/E ratio of -39.63 and a beta of 0.57. Agilysys, Inc. has a 52 week low of $12.36 and a 52 week high of $22.75.

Agilysys (NASDAQ:AGYS) last issued its earnings results on Thursday, May 16th. The software maker reported ($0.16) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.07). The firm had revenue of $36.62 million during the quarter, compared to analysts’ expectations of $36.80 million. Agilysys had a negative net margin of 9.35% and a negative return on equity of 12.49%. During the same quarter in the prior year, the company earned ($0.06) EPS. As a group, equities analysts expect that Agilysys, Inc. will post -0.56 EPS for the current year.

A number of brokerages recently commented on AGYS. BidaskClub upgraded Agilysys from a “hold” rating to a “buy” rating in a research report on Monday. Maxim Group upped their target price on Agilysys to $25.00 and gave the company a “buy” rating in a research report on Thursday, March 21st. Northland Securities began coverage on Agilysys in a research report on Friday, March 29th. They issued an “outperform” rating and a $26.00 target price on the stock. Finally, ValuEngine upgraded Agilysys from a “hold” rating to a “buy” rating in a research report on Monday, February 4th.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bessemer Group Inc. boosted its position in Agilysys by 144.1% in the fourth quarter. Bessemer Group Inc. now owns 34,900 shares of the software maker’s stock valued at $500,000 after buying an additional 20,600 shares during the last quarter. Strs Ohio purchased a new stake in Agilysys in the first quarter valued at approximately $192,000. Vanguard Group Inc. boosted its position in Agilysys by 12.1% in the third quarter. Vanguard Group Inc. now owns 1,141,735 shares of the software maker’s stock valued at $18,610,000 after buying an additional 123,167 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Agilysys in the fourth quarter valued at approximately $1,406,000. Finally, BlackRock Inc. boosted its position in Agilysys by 1.2% in the fourth quarter. BlackRock Inc. now owns 2,569,881 shares of the software maker’s stock valued at $36,854,000 after buying an additional 30,687 shares during the last quarter. Hedge funds and other institutional investors own 86.01% of the company’s stock.

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Agilysys Company Profile

Agilysys, Inc, together with its subsidiaries, operates as a developer and marketer of hardware and software products and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. The company offers point-of-sale, property management, reservation and table management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions to streamline operations, and enhance efficiency and guest experience.

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Insider Buying and Selling by Quarter for Agilysys (NASDAQ:AGYS)

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