Arizona State Retirement System grew its holdings in Agilysys, Inc. (NASDAQ:AGYS) by 14.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,595 shares of the software maker’s stock after purchasing an additional 3,232 shares during the quarter. Arizona State Retirement System owned approximately 0.11% of Agilysys worth $417,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of AGYS. Royce & Associates LP raised its holdings in shares of Agilysys by 108.0% in the 2nd quarter. Royce & Associates LP now owns 354,887 shares of the software maker’s stock valued at $5,501,000 after purchasing an additional 184,300 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Agilysys by 7.1% in the 2nd quarter. BlackRock Inc. now owns 2,253,668 shares of the software maker’s stock valued at $34,932,000 after purchasing an additional 149,689 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Agilysys by 28.7% in the 2nd quarter. Renaissance Technologies LLC now owns 413,652 shares of the software maker’s stock valued at $6,412,000 after purchasing an additional 92,152 shares in the last quarter. EAM Investors LLC bought a new stake in shares of Agilysys in the 2nd quarter valued at about $791,000. Finally, Algert Global LLC raised its holdings in shares of Agilysys by 124.1% in the 2nd quarter. Algert Global LLC now owns 79,736 shares of the software maker’s stock valued at $1,236,000 after purchasing an additional 44,158 shares in the last quarter. Institutional investors and hedge funds own 85.96% of the company’s stock.

NASDAQ AGYS opened at $16.25 on Friday. The company has a market cap of $384.92 million, a P/E ratio of -43.92 and a beta of 0.30. Agilysys, Inc. has a 52 week low of $10.77 and a 52 week high of $16.87.

Agilysys (NASDAQ:AGYS) last posted its quarterly earnings data on Thursday, October 25th. The software maker reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.02. The firm had revenue of $34.20 million during the quarter, compared to analyst estimates of $33.51 million. Agilysys had a negative net margin of 5.83% and a negative return on equity of 7.08%. On average, analysts forecast that Agilysys, Inc. will post -0.26 earnings per share for the current year.

AGYS has been the subject of several recent research reports. BidaskClub lowered shares of Agilysys from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 4th. Maxim Group boosted their price objective on shares of Agilysys from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd.

In related news, SVP Kyle C. Badger sold 3,693 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of $15.73, for a total transaction of $58,090.89. Following the completion of the transaction, the senior vice president now owns 94,771 shares in the company, valued at approximately $1,490,747.83. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Keith M. Kolerus sold 14,317 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of $15.69, for a total transaction of $224,633.73. Following the transaction, the director now owns 152,819 shares of the company’s stock, valued at approximately $2,397,730.11. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,944 shares of company stock valued at $375,710. 26.80% of the stock is currently owned by company insiders.

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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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Institutional Ownership by Quarter for Agilysys (NASDAQ:AGYS)

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