Pro-Agilysys Inc Institutional Investors Sentiment Runs High in 2017 Q4

May 23, 2018 - By Clifton Ray

Agilysys, Inc. (NASDAQ:AGYS) Logo

Sentiment for Agilysys Inc (NASDAQ:AGYS)

Agilysys Inc (NASDAQ:AGYS) institutional sentiment increased to 1.54 in 2017 Q4. Its up 0.06, from 1.48 in 2017Q3. The ratio has increased, as 43 active investment managers opened new or increased positions, while 28 cut down and sold their equity positions in Agilysys Inc. The active investment managers in our partner’s database now have: 19.14 million shares, up from 17.57 million shares in 2017Q3. Also, the number of active investment managers holding Agilysys Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 7 Reduced: 21 Increased: 24 New Position: 19.

Agilysys, Inc., together with its subsidiaries, operates as a developer and marketer of hardware and software services and products to the hospitality industry in North America, Europe, and Asia. The company has market cap of $291.42 million. It specializes in point-of-sale, property management, inventory and procurement, workforce management, and mobile and wireless solutions that are designed to streamline operations, enhance efficiency, increasing guest recruitment and wallet share, and enhance the overall guest experience. It currently has negative earnings. The firm also offers support and maintenance of software and hardware products, and subscription services; and professional services.

The stock decreased 1.65% or $0.21 during the last trading session, reaching $12.5. About 25,120 shares traded. Agilysys, Inc. (NASDAQ:AGYS) has risen 25.13% since May 23, 2017 and is uptrending. It has outperformed by 13.58% the S&P500.

Mak Capital One Llc holds 90.45% of its portfolio in Agilysys, Inc. for 5.28 million shares. Archon Capital Management Llc owns 1.25 million shares or 7.7% of their US portfolio. Moreover, Lapides Asset Management Llc has 2.39% invested in the company for 897,700 shares. The New York-based Ack Asset Management Llc has invested 0.89% in the stock. Park West Asset Management Llc, a California-based fund reported 1.11 million shares.

More recent Agilysys, Inc. (NASDAQ:AGYS) news were published by: Businesswire.com which released: “Version Brings Simplified Installation and Enhanced Integrations” on May 14, 2018. Also Globenewswire.com published the news titled: “Report: Exploring Fundamental Drivers Behind Agilysys, Editas Medicine, The ExOne, Central Garden & Pet, Quality …” on April 30, 2018. Businesswire.com‘s news article titled: “Agilysys to Report Fiscal 2018 Fourth Quarter and Full Year Results on May 24 and Host Conference Call and Webcast” with publication date: May 10, 2018 was also an interesting one.

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