Agilysys, Inc. (AGYS) At $12.12 Forms Top; Virtus Investment Advisers Cut By $1.02 Million Its Applied Matls (AMAT) Stake

Agilysys, Inc. (NASDAQ:AGYS) Logo

Agilysys, Inc. (AGYS) formed multiple top with $12.60 target or 4.00% above today’s $12.12 share price. Agilysys, Inc. (AGYS) has $283.52 million valuation. The stock decreased 0.78% or $0.095 during the last trading session, reaching $12.115. About 38,118 shares traded. Agilysys, Inc. (NASDAQ:AGYS) has risen 25.13% since April 12, 2017 and is uptrending. It has outperformed by 13.58% the S&P500.

Virtus Investment Advisers Inc decreased Applied Matls Inc (AMAT) stake by 16.17% reported in 2017Q4 SEC filing. Virtus Investment Advisers Inc sold 19,954 shares as Applied Matls Inc (AMAT)’s stock rose 6.49%. The Virtus Investment Advisers Inc holds 103,464 shares with $5.29 million value, down from 123,418 last quarter. Applied Matls Inc now has $57.74 billion valuation. The stock increased 0.27% or $0.15 during the last trading session, reaching $54.95. About 8.81M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 42.67% since April 12, 2017 and is uptrending. It has outperformed by 31.12% the S&P500.

Virtus Investment Advisers Inc increased Garmin Ltd (NASDAQ:GRMN) stake by 123,633 shares to 305,096 valued at $8.86 million in 2017Q4. It also upped Stanley Black & Decker Inc (NYSE:SWK) stake by 8,775 shares and now owns 20,516 shares. Stericycle Inc (NASDAQ:SRCL) was raised too.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.20, from 1.06 in 2017Q3. It dived, as 52 investors sold AMAT shares while 367 reduced holdings. 113 funds opened positions while 249 raised stakes. 797.20 million shares or 1.72% less from 811.15 million shares in 2017Q3 were reported. Amica Mutual Insur has invested 0.36% in Applied Materials, Inc. (NASDAQ:AMAT). Pnc Svcs Gp holds 2.06M shares. Toronto Dominion Retail Bank owns 0.08% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 511,827 shares. Bremer Trust Natl Association owns 12,979 shares. Trustco Commercial Bank N Y has 2.88% invested in Applied Materials, Inc. (NASDAQ:AMAT). 5.57 million are owned by Jackson Square Prns Ltd Limited Liability Company. Aureus Asset Mgmt Ltd Company owns 33,858 shares or 0.27% of their US portfolio. Andra Ap owns 97,400 shares for 0.11% of their portfolio. Alpha Windward Ltd Liability Corporation owns 5,371 shares for 0.16% of their portfolio. Moreover, Wealthfront has 0.02% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 40,102 shares. 311,602 were accumulated by Hancock Holding. Smithfield has 8,354 shares. Advantus Capital Management Inc reported 0.14% in Applied Materials, Inc. (NASDAQ:AMAT). Arrowgrass Capital Ptnrs (Us) LP has invested 0.03% in Applied Materials, Inc. (NASDAQ:AMAT). Penobscot Invest has invested 0.23% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT).

Since December 29, 2017, it had 0 insider buys, and 4 sales for $10.41 million activity. 15,000 shares valued at $922,050 were sold by Iannotti Thomas J on Thursday, March 8. The insider Salehpour Ali sold 125,125 shares worth $6.44 million. $2.83M worth of stock was sold by Nalamasu Omkaram on Tuesday, January 2. The insider Forrest Stephen R sold $214,680.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on May, 17. They expect $1.13 earnings per share, up 43.04% or $0.34 from last year’s $0.79 per share. AMAT’s profit will be $1.19B for 12.16 P/E if the $1.13 EPS becomes a reality. After $1.06 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 6.60% EPS growth.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 27 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. had 119 analyst reports since August 4, 2015 according to SRatingsIntel. On Friday, August 14 the stock rating was maintained by Cowen & Co with “Outperform”. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Monday, June 27 by DA Davidson. Deutsche Bank maintained Applied Materials, Inc. (NASDAQ:AMAT) on Thursday, October 12 with “Buy” rating. Craig Hallum maintained Applied Materials, Inc. (NASDAQ:AMAT) on Monday, September 18 with “Buy” rating. As per Friday, August 14, the company rating was maintained by Jefferies. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, June 10. The company was upgraded on Thursday, April 14 by UBS. The stock has “Outperform” rating by Cowen & Co on Monday, February 13. The rating was upgraded by Susquehanna on Tuesday, January 16 to “Positive”. The rating was upgraded by CLSA to “Buy” on Tuesday, January 19.

Investors sentiment increased to 1.54 in 2017 Q4. Its up 0.06, from 1.48 in 2017Q3. It improved, as 7 investors sold Agilysys, Inc. shares while 21 reduced holdings. 19 funds opened positions while 24 raised stakes. 19.14 million shares or 8.95% more from 17.57 million shares in 2017Q3 were reported. Jpmorgan Chase accumulated 4,513 shares or 0% of the stock. State Of Tennessee Treasury Department reported 11,050 shares. California State Teachers Retirement Sys holds 0% in Agilysys, Inc. (NASDAQ:AGYS) or 24,327 shares. Paloma Partners Mgmt stated it has 1.63M shares or 0.27% of all its holdings. Pnc Financial Services invested 0% of its portfolio in Agilysys, Inc. (NASDAQ:AGYS). Bnp Paribas Arbitrage Sa owns 7,547 shares or 0% of their US portfolio. Geode Capital Management Limited Liability invested 0% of its portfolio in Agilysys, Inc. (NASDAQ:AGYS). Schwab Charles Management reported 0% in Agilysys, Inc. (NASDAQ:AGYS). Tiaa Cref Inv Mngmt Ltd Com stated it has 39,061 shares or 0% of all its holdings. Parallax Volatility Advisers Lp accumulated 0% or 2,478 shares. Gru Inc has invested 0% in Agilysys, Inc. (NASDAQ:AGYS). 897,700 were accumulated by Lapides Asset Management Limited Liability Company. 1.02M are held by Vanguard Gru. Mak Cap One Limited Co reported 90.45% of its portfolio in Agilysys, Inc. (NASDAQ:AGYS). Stone Ridge Asset Management Ltd Limited Liability Company reported 33,222 shares or 0.03% of all its holdings.

Applied Materials, Inc. (NASDAQ:AMAT) Institutional Positions Chart