Insider Buying: Jim Dennedy Buys 1,500 Shares of Agilysys Stock (AGYS)
Agilysys (NASDAQ:AGYS) CEO Jim Dennedy acquired 1,500 shares of the stock 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 acquisition, the chief executive officer now directly owns 259,596 shares in the company, valued at approximately $3,198,223. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Agilysys (NASDAQ:AGYS) opened at 12.50 on Thursday. Agilysys has a one year low of $10.74 and a one year high of $15.50. The stock’s 50-day moving average is $13.06 and its 200-day moving average is $13.46. The company has a market cap of $279.4 million and a P/E ratio of 20.64.
Agilysys (NASDAQ:AGYS) last posted its quarterly earnings results 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.
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