Insider Buying: Jim Dennedy Buys 1,500 Shares of Agilysys Stock (AGYS)
Agilysys (NASDAQ:AGYS) CEO Jim Dennedy purchased 1,500 shares of Agilysys stock on the open market in a transaction dated Friday, August 22nd. The shares were purchased at an average cost of $12.32 per share, for a total transaction of $18,480.00. Following the completion of the acquisition, the chief executive officer now directly owns 259,596 shares of the company’s stock, valued at approximately $3,198,223. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Agilysys (NASDAQ:AGYS) traded up 0.97% during mid-day trading on Tuesday, hitting $12.51. 25,361 shares of the company’s stock traded hands. Agilysys has a 1-year low of $10.74 and a 1-year high of $15.50. The stock’s 50-day moving average is $13.11 and its 200-day moving average is $13.47. The company has a market cap of $279.6 million and a price-to-earnings ratio of 20.45.
Agilysys (NASDAQ:AGYS) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.05. The company had revenue of $23.70 million for the quarter, compared to the consensus estimate of $25.74 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. On average, analysts predict that Agilysys will post $0.06 earnings per share for the current fiscal year.
Agilysys, Inc (NASDAQ:AGYS) is a provider of technology solutions for the hospitality and retail markets, including property and lodging management, inventories and procurement, point-of-sale (POS), document management, mobile, wireless and other types of guest-engagement software.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.