Agilysys, Inc’s recently made public that its Director KEATING MELVIN L acquired Company’s shares for reported $7596.0 on Mar 05 ’24. In the deal valued at $75.95 per share,100 shares were bought. As a result of this transaction, KEATING MELVIN L now holds 44,039 shares worth roughly $3.55 million.
Then, KEATING MELVIN L bought 300 shares, generating $23,287 in total proceeds. Upon buying the shares at $77.62, the Director now owns 43,939 shares.
Before that, MAK CAPITAL ONE LLC sold 867,729 shares. Agilysys, Inc shares valued at $71,665,738 were divested by the 10% Owner at a price of $82.59 per share. As a result of the transaction, MAK CAPITAL ONE LLC now holds 2,060,458 shares, worth roughly $166.26 million.
Needham initiated its Agilysys, Inc [AGYS] rating to a Buy in a research note published on August 14, 2023; the price target was $92. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid April with a ‘”an Outperform”‘ rating. BTIG Research also remained covering AGYS and has increased its forecast on December 16, 2022 with a “Buy” recommendation from previously “Neutral” rating. Craig Hallum revised its rating on October 26, 2022. It rated AGYS as “a Buy” which previously was an “a Hold”.
Price Performance Review of AGYS
On Tuesday, Agilysys, Inc [NASDAQ:AGYS] saw its stock jump 1.48% to $80.69. Over the last five days, the stock has lost -2.84%. Agilysys, Inc shares have fallen nearly -4.87% since the year began. Nevertheless, the stocks have risen 4.18% over the past one year. While a 52-week high of $91.61 was reached on 02/12/24, a 52-week low of $62.00 was recorded on 01/17/24. SMA at 50 days reached $80.50, while 200 days put it at $78.44. A total of 0.25 million shares were traded, compared to the trading of 0.13 million shares in the previous session.
Levels Of Support And Resistance For AGYS Stock
The 24-hour chart illustrates a support level at 79.12, which if violated will result in even more drops to 77.56. On the upside, there is a resistance level at 81.87. A further resistance level may holdings at 83.06. The Relative Strength Index (RSI) on the 14-day chart is 45.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.86%. Stochastics %K at 13.35% indicates the stock is a buying.
