Insider Selling: Agilysys Inc. (AGYS) Director Sells $83,811.00 in Stock
Agilysys Inc. (NASDAQ:AGYS) Director Keith M. Kolerus sold 7,675 shares of the stock in a transaction on Monday, September 12th. The stock was sold at an average price of $10.92, for a total value of $83,811.00. Following the completion of the transaction, the director now owns 149,170 shares in the company, valued at $1,628,936.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Agilysys Inc. (NASDAQ:AGYS) opened at 10.54 on Monday. The company’s market capitalization is $238.27 million. The firm’s 50-day moving average price is $10.86 and its 200 day moving average price is $10.80. Agilysys Inc. has a 52 week low of $8.50 and a 52 week high of $12.56.
Agilysys (NASDAQ:AGYS) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by $0.02. Agilysys had a negative net margin of 4.75% and a negative return on equity of 4.76%. The company earned $31 million during the quarter, compared to the consensus estimate of $30.17 million. Equities research analysts expect that Agilysys Inc. will post ($0.28) earnings per share for the current fiscal year.
Separately, TheStreet upgraded Agilysys from a “sell” rating to a “hold” rating in a report on Thursday, June 9th.
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.
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