Shares of Agilysys, Inc. (NASDAQ:AGYS) reached a new 52-week high on Tuesday . The stock traded as high as $19.60 and last traded at $19.31, with a volume of 7851 shares trading hands. The stock had previously closed at $19.17.
A number of equities analysts have recently weighed in on AGYS shares. BidaskClub downgraded Agilysys from a “buy” rating to a “hold” rating in a report on Tuesday, December 4th. Maxim Group set a $22.00 target price on Agilysys and gave the stock a “buy” rating in a research report on Friday, October 19th. Finally, ValuEngine raised Agilysys from a “hold” rating to a “buy” rating in a research report on Monday, February 4th.
In other news, CEO Ramesh Srinivasan bought 20,000 shares of Agilysys stock in a transaction that occurred on Wednesday, February 6th. The stock was purchased at an average cost of $18.40 per share, with a total value of $368,000.00. Following the completion of the transaction, the chief executive officer now directly owns 118,601 shares in the company, valued at $2,182,258.40. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 26.80% of the stock is owned by company insiders.
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Agilysys Company Profile (NASDAQ:AGYS)
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.
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