Agilysys, Inc. (AGYS) Shares Bought by Principal Financial Group Inc.
Principal Financial Group Inc. raised its holdings in Agilysys, Inc. (NASDAQ:AGYS) by 0.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,764 shares of the software maker’s stock after acquiring an additional 2 shares during the quarter. Principal Financial Group Inc. owned 0.51% of Agilysys worth $1,161,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Texas Permanent School Fund lifted its holdings in 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 acquiring an additional 85 shares during the last quarter. Lapides Asset Management LLC lifted its holdings in Agilysys by 11.0% in the 2nd quarter. Lapides Asset Management LLC now owns 1,114,700 shares of the software maker’s stock valued at $11,281,000 after acquiring an additional 110,500 shares during the last quarter. Spark Investment Management LLC acquired a new stake in Agilysys in the 2nd quarter valued at about $175,000. SG Americas Securities LLC acquired a new stake in Agilysys in the 2nd quarter valued at about $203,000. Finally, Legal & General Group Plc lifted its holdings in 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 acquiring an additional 2,253 shares during the last quarter. 83.95% of the stock is owned by institutional investors.
In other news, Director Keith M. Kolerus acquired 9,934 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average cost of $10.57 per share, for a total transaction of $105,002.38. Following the completion of the transaction, the director now directly owns 145,245 shares in the company, valued at $1,535,239.65. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 34.70% of the stock is owned by company insiders.
Separately, TheStreet raised shares of Agilysys from a “d+” rating to a “c-” rating in a report on Monday, August 14th.
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Shares of Agilysys, Inc. (NASDAQ AGYS) opened at 12.55 on Tuesday. The stock’s market capitalization is $286.28 million. The firm’s 50-day moving average is $10.95 and its 200-day moving average is $10.16. Agilysys, Inc. has a 1-year low of $8.17 and a 1-year high of $12.75.
Agilysys (NASDAQ:AGYS) last announced its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.13) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.02. The firm had revenue of $33.87 million during the quarter. Agilysys had a negative return on equity of 10.70% and a negative net margin of 9.48%. During the same quarter in the previous year, the business earned ($0.10) earnings per share. On average, analysts predict that Agilysys, Inc. will post ($0.39) earnings per share for the current fiscal year.
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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