Segall Bryant & Hamill LLC Sells 10,257 Shares of Agilysys, Inc. $AGYS

Segall Bryant & Hamill LLC reduced its position in shares of Agilysys, Inc. (NASDAQ:AGYS) by 3.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 269,720 shares of the software maker’s stock after selling 10,257 shares during the period. Segall Bryant & Hamill LLC’s holdings in Agilysys were worth $19,188,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Agilysys by 419.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 213 shares of the software maker’s stock valued at $25,000 after purchasing an additional 172 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Agilysys during the 4th quarter worth $34,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Agilysys during the 3rd quarter worth $43,000. Advisors Asset Management Inc. lifted its position in shares of Agilysys by 30.1% during the 1st quarter. Advisors Asset Management Inc. now owns 688 shares of the software maker’s stock worth $50,000 after buying an additional 159 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Agilysys by 71.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 632 shares of the software maker’s stock worth $71,000 after buying an additional 263 shares during the last quarter. 88.00% of the stock is currently owned by institutional investors and hedge funds.

Key Agilysys News

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Agilysys reported record first-quarter results, with EPS of $0.49 exceeding the $0.40 analyst consensus and revenue of $87.68 million topping the $85.97 million estimate. Revenue increased 14.3% year over year, while the company also offered a stronger subscription outlook. Why Agilysys Is Up After Record Q1 Results
• Positive Sentiment: Analysts at Piper Sandler and Needham & Company indicated expectations for further appreciation in Agilysys shares, supporting the longer-term bullish case. Piper Sandler Forecasts Strong Price Appreciation Needham Expects Agilysys Stock to Rise
• Neutral Sentiment: Northland Securities projects continued earnings growth, estimating fiscal 2027 EPS of $1.73 and fiscal 2028 EPS of $2.18, compared with the current-year consensus of $1.77. It also forecasts quarterly EPS of $0.42 for the first quarter of fiscal 2028 and $0.48 to $0.71 across later fiscal 2028 quarters.
• Negative Sentiment: Northland reduced its fiscal 2027 EPS forecast to $1.73 from $1.86, cut fiscal 2028 EPS to $2.18 from $2.30, and lowered estimates for the second and third quarters of fiscal 2027 to $0.37 and $0.46, respectively. Its fourth-quarter fiscal 2027 estimate fell to $0.58 from $0.68. These revisions suggest analysts see somewhat slower near-term earnings momentum despite the recent earnings beat. Agilysys analyst estimates

Agilysys Stock Performance

Shares of AGYS opened at $105.16 on Friday. Agilysys, Inc. has a 52 week low of $61.50 and a 52 week high of $145.25. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 69.64 and a beta of 0.37. The stock has a fifty day moving average of $97.45 and a 200-day moving average of $84.90.

Agilysys (NASDAQ:AGYS) last issued its quarterly earnings data on Monday, July 27th. The software maker reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.09. Agilysys had a return on equity of 11.94% and a net margin of 12.99%.The business had revenue of $87.68 million for the quarter, compared to analyst estimates of $85.97 million. During the same quarter in the previous year, the company posted $0.33 EPS. Agilysys’s quarterly revenue was up 14.3% compared to the same quarter last year. As a group, equities analysts forecast that Agilysys, Inc. will post 1.73 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AGYS. Piper Sandler lifted their target price on Agilysys from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. UBS Group set a $110.00 target price on shares of Agilysys in a report on Wednesday, June 3rd. Oppenheimer restated an “outperform” rating and issued a $118.00 price target on shares of Agilysys in a research note on Tuesday. Weiss Ratings raised shares of Agilysys from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 13th. Finally, Needham & Company LLC upped their price objective on shares of Agilysys from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $123.60.

About Agilysys

Agilysys, Inc is a publicly traded technology company (NASDAQ: AGYS) that specializes in providing software and services to the hospitality industry. The company’s solutions span property management, point-of-sale, inventory and procurement, workforce management, analytics and mobile guest engagement. These offerings are designed to streamline hotel and resort operations, enhance guest experiences and improve financial performance for clients across the lodging, gaming, cruise, senior living and higher-education markets.

Agilysys delivers its portfolio through both cloud-based and on-premises deployments, enabling hoteliers and hospitality operators to select the infrastructure model that best aligns with their operational requirements and IT strategies.