Agilysys, Inc. (NASDAQ:AGYS) Short Interest Down 22.2% in March

16 Apr 2026, 02:56 by Jessica Moore · The Cerbat Gem

Agilysys, Inc. (NASDAQ:AGYS – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 945,590 shares, a drop of 22.2% from the March 15th total of 1,215,049 shares. Based on an average daily trading volume, of 276,443 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.7% of the shares of the company are short sold.

Agilysys Stock Performance

AGYS stock opened at $67.23 on Thursday. Agilysys has a 1 year low of $61.50 and a 1 year high of $145.25. The stock’s 50 day moving average price is $73.73 and its 200 day moving average price is $101.46. The firm has a market cap of $1.89 billion, a P/E ratio of 62.83 and a beta of 0.43.

Agilysys (NASDAQ:AGYS – Get Free Report) last posted its earnings results on Monday, January 26th. The software maker reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.04). The company had revenue of $80.39 million during the quarter, compared to analysts’ expectations of $79.07 million. Agilysys had a net margin of 9.79% and a return on equity of 10.71%. Agilysys’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.38 EPS. On average, research analysts predict that Agilysys will post 0.8 earnings per share for the current year.

Insider Activity

In related news, Director Melvin L. Keating purchased 300 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were purchased at an average price of $83.62 per share, with a total value of $25,086.00. Following the completion of the acquisition, the director directly owned 35,007 shares in the company, valued at $2,927,285.34. This represents a 0.86% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders bought a total of 1,000 shares of company stock worth $77,669 over the last 90 days. Company insiders own 8.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Agilysys by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 2,407,947 shares of the software maker’s stock valued at $286,160,000 after acquiring an additional 32,052 shares during the last quarter. Wasatch Advisors LP raised its holdings in Agilysys by 5.3% in the 2nd quarter. Wasatch Advisors LP now owns 1,004,918 shares of the software maker’s stock valued at $115,204,000 after acquiring an additional 50,536 shares during the last quarter. State Street Corp raised its holdings in Agilysys by 0.5% in the 4th quarter. State Street Corp now owns 1,003,062 shares of the software maker’s stock valued at $119,204,000 after acquiring an additional 4,516 shares during the last quarter. Capital Research Global Investors acquired a new position in Agilysys in the 4th quarter valued at $104,878,000. Finally, Wellington Management Group LLP raised its holdings in Agilysys by 75.9% in the 3rd quarter. Wellington Management Group LLP now owns 690,498 shares of the software maker’s stock valued at $72,675,000 after acquiring an additional 297,846 shares during the last quarter. 88.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AGYS. Zacks Research raised Agilysys from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Needham & Company LLC lowered their price target on Agilysys from $140.00 to $120.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Oppenheimer lowered their price target on Agilysys from $140.00 to $90.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Weiss Ratings restated a “hold (c)” rating on shares of Agilysys in a research report on Wednesday, January 21st. Finally, Wall Street Zen downgraded shares of Agilysys from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Agilysys currently has an average rating of “Moderate Buy” and an average price target of $131.40.

View Our Latest Report on Agilysys

About Agilysys

(Get Free Report)

Agilysys, Inc is a publicly traded technology company (NASDAQ: AGYS) that specializes in providing software and services to the hospitality industry. The company’s solutions span property management, point-of-sale, inventory and procurement, workforce management, analytics and mobile guest engagement. These offerings are designed to streamline hotel and resort operations, enhance guest experiences and improve financial performance for clients across the lodging, gaming, cruise, senior living and higher-education markets.