Bermuda One Fund Llc Sells 10,500 Shares of Agilysys, Inc. (AGYS) Stock

Agilysys, Inc. (NASDAQ:AGYS) major shareholder Bermuda One Fund Llc sold 10,500 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $19.98, for a total transaction of $209,790.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major 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 Friday, April 12th, Bermuda One Fund Llc sold 3,500 shares of Agilysys stock. The stock was sold at an average price of $20.01, for a total transaction of $70,035.00.
  • On Monday, April 8th, Bermuda One Fund Llc sold 5,100 shares of Agilysys stock. The stock was sold at an average price of $19.58, for a total transaction of $99,858.00.
  • On Wednesday, April 10th, Bermuda One Fund Llc sold 13,400 shares of Agilysys stock. The stock was sold at an average price of $19.62, for a total transaction of $262,908.00.
  • On Friday, April 5th, Bermuda One Fund Llc sold 13,000 shares of Agilysys stock. The stock was sold at an average price of $19.89, for a total transaction of $258,570.00.
  • On Tuesday, April 2nd, Bermuda One Fund Llc sold 19,900 shares of Agilysys stock. The stock was sold at an average price of $20.90, for a total transaction of $415,910.00.
  • On Tuesday, March 26th, Bermuda One Fund Llc sold 4,000 shares of Agilysys stock. The stock was sold at an average price of $20.78, for a total transaction of $83,120.00.
  • On Thursday, March 28th, Bermuda One Fund Llc sold 16,100 shares of Agilysys stock. The stock was sold at an average price of $20.74, for a total transaction of $333,914.00.

NASDAQ AGYS opened at $19.64 on Wednesday. The company has a market cap of $475.41 million, a P/E ratio of -53.08 and a beta of 0.64. Agilysys, Inc. has a 1 year low of $11.60 and a 1 year high of $21.38.

Agilysys (NASDAQ:AGYS) last posted its quarterly earnings results on Thursday, January 24th. The software maker reported ($0.18) earnings per share (EPS) for the quarter. The firm had revenue of $36.01 million for the quarter. Agilysys had a negative return on equity of 9.12% and a negative net margin of 7.18%. Analysts forecast that Agilysys, Inc. will post -0.63 earnings per share for the current fiscal year.

A number of research analysts have issued reports on AGYS shares. BidaskClub lowered shares of Agilysys from a “hold” rating to a “sell” rating in a research report on Saturday, January 12th. Maxim Group set a $22.00 target price on shares of Agilysys and gave the stock a “buy” rating in a research report on Friday, January 25th. ValuEngine upgraded shares of Agilysys from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Finally, Northland Securities started coverage on shares of Agilysys in a research report on Friday, March 29th. They set an “outperform” rating and a $26.00 target price on the stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. 6 Meridian acquired a new stake in shares of Agilysys during the 1st quarter worth approximately $979,000. Geode Capital Management LLC boosted its position in shares of Agilysys by 7.9% during the 4th quarter. Geode Capital Management LLC now owns 198,894 shares of the software maker’s stock worth $2,851,000 after acquiring an additional 14,530 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Agilysys by 14.8% during the 4th quarter. Thrivent Financial for Lutherans now owns 12,412 shares of the software maker’s stock worth $178,000 after acquiring an additional 1,600 shares in the last quarter. Segall Bryant & Hamill LLC boosted its position in shares of Agilysys by 23.4% during the 4th quarter. Segall Bryant & Hamill LLC now owns 59,017 shares of the software maker’s stock worth $846,000 after acquiring an additional 11,197 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan acquired a new stake in shares of Agilysys during the 4th quarter worth approximately $72,000. Institutional investors and hedge funds own 86.20% of the company’s stock.

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About Agilysys

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.

Further Reading: Net Asset Value

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

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