Agilysys (AGYS) is Initiated by Sidoti to Buy, Price Target at $14

Agilysys (AGYS) was Initiated by Sidoti to “Buy” and the brokerage firm has set the Price Target at $14. Sidoti advised their investors in a research report released on Apr 26, 2016.

Agilysys opened for trading at $10.69 and hit $10.98 on the upside on Friday, eventually ending the session at $10.88, with a gain of 2.06% or 0.22 points. The heightened volatility saw the trading volume jump to 25,805 shares. Company has a market cap of $250 M.

In a different news, on Mar 12, 2015, Jerry C Jones (director) purchased 1,000 shares at $10.58 per share price. According to the SEC, on Mar 12, 2015, John Mutch (director) sold 17,807 shares at $9.27 per share price. On Feb 10, 2015, Jim Dennedy (CEO) purchased 5,400 shares at $10.46 per share price, according to the Form-4 filing with the securities and exchange commission.

Agilysys Inc. is a developer and marketer of proprietary enterprise software services and solutions to the hospitality industry. The Company serves four major market sectors: Gaming both corporate and tribal; Hotels Resorts and Cruise; Foodservice Management; and Restaurants Universities Stadia and Healthcare. It is comprised of a single operating segment and operates as a play software-driven solutions provider to the hospitality industry including: hardware and software products includes remarketed hardware and proprietary and remarketed software that is deployed as an integral component of the solutions it provides; support maintenance and subscription services focus on developing and promoting offerings while market demand for maintenance services and updates that enhance reliability; and professional services helps in designing implementing integrating and installing customized solutions into both legacy and newly created platforms.


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