US LNG exports surge but will buyers in China turn up?
John Mutch, a director at Agilysys Inc. (NASDAQ:AGYS), recently sold 750 shares of the company’s common stock, according to a regulatory filing. The timing of this sale comes as the stock has declined over 42% year-to-date, according to InvestingPro data, with shares currently trading near their 52-week low. The shares were sold at an average price of $75.33 each, resulting in a total transaction value of $56,497. Following this transaction, Mutch holds 31,904 shares in the company. The transaction was disclosed in a filing with the Securities and Exchange Commission, signed by Kyle C. Badger, Attorney-in-Fact, on March 19, 2025. Despite recent price weakness, Agilysys maintains a GOOD financial health score according to InvestingPro, which offers comprehensive insider trading analysis and 15+ additional ProTips for this stock.
In other recent news, Agilysys Inc. reported its third-quarter fiscal 2025 financial results, surpassing earnings per share (EPS) expectations with $0.38 against a forecast of $0.34. However, the company fell short on revenue forecasts, posting $69.6 million compared to the anticipated $73.15 million. This revenue miss led to a downward revision of the full-year revenue guidance to $273 million. Analysts from Craig-Hallum, Oppenheimer, and Needham adjusted their price targets for Agilysys, with Craig-Hallum lowering it to $120, Oppenheimer to $135, and Needham to $125, while maintaining positive ratings on the stock. Despite the challenges, Agilysys’s subscription revenue showed robust growth, increasing by 45.1% year-over-year, and is expected to continue its upward trajectory. The company’s strategic initiatives, including its collaboration with Marriott, are progressing, with the project advancing to the testing phase. Analysts from Oppenheimer and Needham suggest that investors consider buying shares during this period of weakness, citing the durable growth potential of the subscription business.
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