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Agilysys Director Makes Significant Stock Sale

Agilysys Director Makes Significant Stock Sale

New insider activity at Agilysys ( (AGYS) ) has taken place on March 20, 2025.

Director John Mutch recently sold 750 shares of Agilysys stock, amounting to a total transaction value of $56,497.

Recent Updates on AGYS stock

Recent developments regarding Agilysys stock include a lowered price target by Needham analyst Mayank Tandon, who adjusted the target from $125 to $100 while maintaining a Buy rating. This adjustment follows meetings with Agilysys management, which left the firm confident that current headwinds affecting sales and services revenue are temporary, with expectations for growth to return to trend within 2-3 quarters. The strengthened sales leadership team is anticipated to support a 25% organic subscription revenue growth over multiple years. Additionally, Agilysys has reported record revenues despite challenges and has expanded its spa software reach through the acquisition of Book4Time.

More about Agilysys

YTD Price Performance: -41.75%

Average Trading Volume: 369,635

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.11B

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