New York State Common Retirement Fund Sells 190,164 Shares of Agilysys, Inc. $AGYS

New York State Common Retirement Fund cut its holdings in Agilysys, Inc. (NASDAQ:AGYS) by 44.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 237,526 shares of the software maker’s stock after selling 190,164 shares during the period. New York State Common Retirement Fund’s holdings in Agilysys were worth $25,000,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AGYS. EFG Asset Management North America Corp. grew its position in Agilysys by 1.2% in the third quarter. EFG Asset Management North America Corp. now owns 28,609 shares of the software maker’s stock valued at $3,015,000 after purchasing an additional 329 shares in the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of Agilysys by 15.4% in the 3rd quarter. Mutual of America Capital Management LLC now owns 74,722 shares of the software maker’s stock valued at $7,864,000 after acquiring an additional 9,948 shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its position in shares of Agilysys by 13.1% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 205,857 shares of the software maker’s stock valued at $21,666,000 after acquiring an additional 23,791 shares during the last quarter. NorthCrest Asset Manangement LLC raised its holdings in Agilysys by 36.9% during the third quarter. NorthCrest Asset Manangement LLC now owns 6,424 shares of the software maker’s stock worth $698,000 after acquiring an additional 1,730 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Agilysys during the third quarter valued at approximately $52,000. Institutional investors and hedge funds own 88.00% of the company’s stock.

Insider Buying and Selling

In related news, SVP Kyle C. Badger sold 502 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $124.64, for a total value of $62,569.28. Following the completion of the sale, the senior vice president directly owned 114,911 shares in the company, valued at $14,322,507.04. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Donald A. Colvin sold 6,000 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $123.28, for a total value of $739,680.00. Following the completion of the transaction, the director directly owned 24,592 shares in the company, valued at approximately $3,031,701.76. This represents a 19.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,576 shares of company stock valued at $1,189,070 in the last ninety days. 8.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on AGYS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Agilysys in a research report on Wednesday, January 21st. Cantor Fitzgerald restated an “overweight” rating and set a $140.00 target price on shares of Agilysys in a report on Tuesday, October 28th. BTIG Research assumed coverage on shares of Agilysys in a research note on Tuesday, December 16th. They issued a “neutral” rating for the company. Needham & Company LLC restated a “buy” rating and set a $140.00 price objective on shares of Agilysys in a research note on Tuesday, January 27th. Finally, Zacks Research cut shares of Agilysys from a “hold” rating to a “strong sell” rating in a report on Wednesday. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Agilysys presently has an average rating of “Hold” and an average target price of $145.40.

Key Headlines Impacting Agilysys

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Needham reiterated a “Buy” rating on AGYS, providing support from a buy‑side firm that can help demand. Needham Reiterates Buy
• Positive Sentiment: Northland raised its Q4 2026 EPS view to $0.44 (from $0.37) and nudged FY2026 to $1.18, signaling some near‑term earnings upside versus prior company forecasts. MarketBeat: Northland Estimates
• Neutral Sentiment: Northland published a full slate of quarterly and FY estimates for FY2026–FY2027 (Q1–Q4 2027 and FY2027 at $1.59), which updates the modeling inputs investors use but does not by itself move fundamentals materially. MarketBeat: Detailed Estimates
• Neutral Sentiment: Short‑interest data released 1/28 appears internally inconsistent (reported as a big increase but showing zero shares/NaN); no clear short squeeze or persistent short pressure is evident from the published numbers. (Data appears unreliable.)
• Negative Sentiment: Zacks Research downgraded AGYS from “Hold” to “Strong Sell,” a headline downgrade that can weigh on sentiment and trigger outflows from momentum‑driven funds. Zacks Downgrade
• Negative Sentiment: Northland cut its FY2027 outlook (now $1.59, down from $1.89 previously), reducing longer‑term earnings expectations — a fundamental headwind for valuation. MarketBeat: FY2027 Revision
• Negative Sentiment: Shares had gapped down after Agilysys missed the prior quarter’s EPS estimate, a catalyst that likely triggered recent analyst re‑ratings and elevated volatility. Earnings Miss / Gap Down

Agilysys Price Performance

Shares of AGYS opened at $86.75 on Friday. The company’s 50-day moving average is $117.05 and its 200-day moving average is $114.67. The firm has a market capitalization of $2.44 billion, a PE ratio of 81.07 and a beta of 0.43. Agilysys, Inc. has a fifty-two week low of $63.71 and a fifty-two week high of $145.25.

Agilysys (NASDAQ:AGYS) last announced its earnings results on Monday, January 26th. The software maker reported $0.42 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.04). The company had revenue of $80.39 million for the quarter, compared to the consensus estimate of $79.07 million. Agilysys had a return on equity of 10.71% and a net margin of 9.79%.The business’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 EPS. Analysts predict that Agilysys, Inc. will post 0.8 earnings per share for the current fiscal year.

Agilysys Company Profile

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.