22Nw LP bought a new stake in Agilysys, Inc. (NASDAQ:AGYS) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 152,413 shares of the software maker’s stock, valued at approximately $1,821,000. 22Nw LP owned 0.66% of Agilysys as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Texas Permanent School Fund boosted its position in shares of Agilysys by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 11,016 shares of the software maker’s stock valued at $111,000 after purchasing an additional 85 shares during the period. Alliancebernstein L.P. boosted its position in shares of Agilysys by 3.8% in the 2nd quarter. Alliancebernstein L.P. now owns 10,950 shares of the software maker’s stock valued at $111,000 after purchasing an additional 400 shares during the period. Voya Investment Management LLC boosted its position in shares of Agilysys by 20.2% in the 2nd quarter. Voya Investment Management LLC now owns 12,691 shares of the software maker’s stock valued at $128,000 after purchasing an additional 2,132 shares during the period. Legal & General Group Plc boosted its position in shares of Agilysys by 9.8% in the 2nd quarter. Legal & General Group Plc now owns 25,186 shares of the software maker’s stock valued at $255,000 after purchasing an additional 2,253 shares during the period. Finally, Great West Life Assurance Co. Can boosted its position in shares of Agilysys by 28.6% in 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 purchasing an additional 5,010 shares during the period. 83.61% of the stock is owned by hedge funds and other institutional investors.

In related news, Director Keith M. Kolerus acquired 9,934 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was bought at an average cost of $10.57 per share, with a total value of $105,002.38. Following the transaction, the director now owns 145,245 shares of the company’s stock, valued at $1,535,239.65. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ramesh Srinivasan acquired 50,000 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were bought at an average cost of $11.77 per share, with a total value of $588,500.00. Following the completion of the transaction, the chief executive officer now directly owns 35,000 shares in the company, valued at approximately $411,950. The disclosure for this purchase can be found here. 34.70% of the stock is currently owned by company insiders.

Shares of Agilysys, Inc. (NASDAQ AGYS) opened at $12.06 on Wednesday. Agilysys, Inc. has a 1 year low of $8.60 and a 1 year high of $12.94.

Agilysys (NASDAQ:AGYS) last posted its quarterly earnings data on Wednesday, November 1st. The software maker reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.01). Agilysys had a negative return on equity of 11.69% and a negative net margin of 10.33%. The company had revenue of $30.13 million for the quarter. During the same period last year, the firm earned ($0.11) earnings per share.

Separately, TheStreet raised Agilysys from a “d+” rating to a “c-” rating in a research report on Monday, August 14th.

ILLEGAL ACTIVITY WARNING: This piece of content was published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of US & international copyright & trademark laws. The correct version of this piece of content can be viewed at https://theolympiareport.com/2017/12/06/22nw-lp-invests-1-82-million-in-agilysys-inc-agys.html.

Agilysys Company Profile

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.

Want to see what other hedge funds are holding AGYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Agilysys, Inc. (NASDAQ:AGYS).

Institutional Ownership by Quarter for Agilysys (NASDAQ:AGYS)

Receive News & Ratings for Agilysys Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilysys Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.