Agilysys, Inc. (AGYS) Shares Bought by PNC Financial Services Group Inc.
PNC Financial Services Group Inc. grew its stake in shares of Agilysys, Inc. (NASDAQ:AGYS) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,024 shares of the software maker’s stock after acquiring an additional 24 shares during the period. PNC Financial Services Group Inc. owned 0.05% of Agilysys worth $122,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of AGYS. Great West Life Assurance Co. Can grew its holdings in shares of Agilysys by 28.6% during the 2nd quarter. Great West Life Assurance Co. Can now owns 22,497 shares of the software maker’s stock valued at $227,000 after acquiring an additional 5,010 shares in the last quarter. Spark Investment Management LLC purchased a new position in shares of Agilysys during the 2nd quarter valued at $175,000. Texas Permanent School Fund grew its holdings in shares of Agilysys by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 11,016 shares of the software maker’s stock valued at $111,000 after acquiring an additional 85 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Agilysys during the 2nd quarter valued at $203,000. Finally, Legal & General Group Plc grew its holdings in shares of Agilysys by 9.8% during the 2nd quarter. Legal & General Group Plc now owns 25,186 shares of the software maker’s stock valued at $255,000 after acquiring an additional 2,253 shares in the last quarter. Institutional investors and hedge funds own 83.95% of the company’s stock.
Separately, TheStreet upgraded shares of Agilysys from a “d+” rating to a “c-” rating in a report on Monday, August 14th.
In related news, Director Keith M. Kolerus acquired 9,934 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were acquired at an average cost of $10.57 per share, for a total transaction of $105,002.38. Following the completion of the acquisition, the director now directly owns 145,245 shares in the company, valued at approximately $1,535,239.65. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 34.70% of the company’s stock.
Agilysys, Inc. (NASDAQ:AGYS) opened at 11.90 on Tuesday. The stock’s market capitalization is $271.45 million. The stock’s 50 day moving average is $11.78 and its 200 day moving average is $10.49. Agilysys, Inc. has a 12-month low of $8.17 and a 12-month high of $12.94.
Agilysys (NASDAQ:AGYS) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. Agilysys had a negative net margin of 9.48% and a negative return on equity of 10.70%. The business had revenue of $33.87 million for the quarter. During the same quarter in the previous year, the business earned ($0.10) earnings per share. Analysts forecast that Agilysys, Inc. will post ($0.39) EPS for the current year.
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Agilysys, Inc is a technology company. The Company provides software for point-of-sale (POS), property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The Company serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare.
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