Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Agilysys, Inc shares valued at $751,275 were sold by Kaufman 2012 Descendants Trust on Jan 22 ’25. At $100.17 per share, Kaufman 2012 Descendants Trust sold 7,500 shares. The insider’s holdings dropped to 240,576 shares worth approximately $22.24 million following the completion of this transaction.
Also, Kaufman 2012 Descendants Trust sold 7,500 shares, netting a total of over 725,100 in proceeds. Following the sale of shares at $96.68 each, the insider now holds 233,076 shares.
Before that, Kaufman 2012 Descendants Trust had sold 7,692 shares from its account. In a trade valued at $716,125, the Affiliate of Director traded Agilysys, Inc shares for $93.10 each. Upon closing the transaction, the insider’s holdings decreased to 7,692 shares, worth approximately $20.83 million.
As published in their initiating research note from William Blair on June 24, 2024, Agilysys, Inc [AGYS] has been an Outperform. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in mid August. As of April 20, 2023, Oppenheimer has initiated its “an Outperform” rating for AGYS. Earlier on December 16, 2022, BTIG Research upgraded its rating. Their new recommendation was “a Buy” for AGYS stock which previously was a “a Neutral”.
Analyzing AGYS Stock Performance
During the last five days, there has been a drop of approximately -8.18%. Over the course of the year, Agilysys, Inc shares have dropped approximately -29.82%. Shares of the company reached a 52-week high of $135.59 on 01/16/25 and a 52-week low of $88.00 on 01/28/25. A 50-day SMA is recorded $127.39, while a 200-day SMA reached $108.56. Nevertheless, trading volume fell to 0.65 million shares from 0.42 million shares the previous day.
Support And Resistance Levels for Agilysys, Inc (AGYS)
According to the 24-hour chart, there is a support level at 90.75, which, if violated, would cause prices to drop to 89.06. In the upper region, resistance lies at 93.63. The next price resistance is at 94.81. RSI (Relative Strength Index) is 27.29 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -22.69, which suggests the price will decrease in the coming days. Percent R is at 90.67%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
