Agilysys, Inc’s recently made public that its President & CEO SRINIVASAN RAMESH unloaded Company’s shares for reported $1.02 million on Sep 09 ’24. In the deal valued at $102.03 per share,10,000 shares were sold. As a result of this transaction, SRINIVASAN RAMESH now holds 738,367 shares worth roughly $75.69 million.
Then, SRINIVASAN RAMESH sold 10,000 shares, generating $1,067,800 in total proceeds. Upon selling the shares at $106.78, the President & CEO now owns 758,367 shares.
Before that, SRINIVASAN RAMESH sold 10,000 shares. Agilysys, Inc shares valued at $1,047,100 were divested by the President & CEO at a price of $104.71 per share. As a result of the transaction, SRINIVASAN RAMESH now holds 748,367 shares, worth roughly $76.72 million.
William Blair initiated its Agilysys, Inc [AGYS] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in mid August with a ‘”a Buy”‘ rating. Oppenheimer began covering AGYS with “an Outperform” recommendation on April 20, 2023. BTIG Research revised its rating on December 16, 2022. It rated AGYS as “a Buy” which previously was an “a Neutral”.
Price Performance Review of AGYS
On Tuesday, Agilysys, Inc [NASDAQ:AGYS] saw its stock fall -8.05% to $102.51. Over the last five days, the stock has lost -5.81%. Agilysys, Inc shares have risen nearly 20.86% since the year began. Nevertheless, the stocks have risen 27.40% over the past one year. While a 52-week high of $125.73 was reached on 10/17/24, a 52-week low of $73.52 was recorded on 01/17/24. SMA at 50 days reached $108.96, while 200 days put it at $95.43.
Levels Of Support And Resistance For AGYS Stock
The 24-hour chart illustrates a support level at 95.08, which if violated will result in even more drops to 87.65. On the upside, there is a resistance level at 114.89. A further resistance level may holdings at 127.26. The Relative Strength Index (RSI) on the 14-day chart is 37.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.33%. Stochastics %K at 19.39% indicates the stock is a buying.
How much short interest is there in Agilysys, Inc?
A steep rise in short interest was recorded in Agilysys, Inc stocks on 2024-10-15, growing by 0.14 million shares to a total of 0.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.48 million shares. There was a rise of 22.87%, which implies that there is a positive sentiment for the stock.
