SRINIVASAN RAMESH

CEO Srinivasan Ramesh sold 10,000 shares of AGYS at $102.03; stock down 11.2% from 52-week high.

On 2024-09-09, AGILYSYS President & CEO Srinivasan Ramesh sold 10,000 shares (10.0K shares) at $102.03, generating $1,020,300.00 (total value $1.0M), reducing his position from 748,367 to 738,367 shares (a -1.3% reduction). This sale occurred alongside four other consecutive sells at the same ticker on 2024-09-03, 2024-09-04, 2024-09-05, and 2024-09-06—a cluster of dispositions within a one-week window. The current stock price of $100.40 reflects an 11.2% decline from the 52-week high of $113.10 and an 8.7% drop over the prior 30 days, placing the stock near recent lows despite a 9.3% gain over 90 days. His cross-ticker track record shows 9 prior sales with an average 90-day return of +18.5% and a 0.00% well-timed rate, indicating his prior sells historically coincided with stock advances rather than declines. At AGYS specifically, his prior measurable sell on 2024-06-04 posted a +22.0% 90-day return, also poorly-timed; the five recent consecutive sales have no measurable outcomes yet. The company reports strong fundamentals—$63.5M latest-quarter revenue, $14.1M net income, +19.9% annual revenue growth, and a 28.36 P/E—leaving no immediate signals of operational distress.

AGYS CEO Srinivasan Ramesh sold 20,000 shares for $2,114,900 on 2024-09-05/06; stock now -10.5% from 52-week high.

Srinivasan Ramesh, President & CEO of AgilySys, executed 2 separate sales totaling 20,000 shares for $2,114,900 at an average price of $105.74 per share on 2024-09-05 and 2024-09-06, reducing his holdings to 748,367 shares (a -2.6% reduction from pre-transaction holdings of 768,367 shares). The stock currently trades at $101.20, approximately 4.3% below the blended sale price, though it remains 11.1% above its 90-day price. His prior trades at AGYS show mixed outcomes: two measurable prior sales in June 2024 produced 90-day returns of +22.0% and +21.3%, indicating the stock rose after those sales (poorly-timed outcomes from a sell perspective). His broader cross-ticker track record shows 8 prior open-market sells with a 0.00% well-timed rate at the 90-day horizon, meaning none of those sales preceded a decline. With fundamental strength evident (annual revenue growth of +19.9%, net income of $14,106,000 on quarterly revenue of $63,512,000, and a market cap of $2,821,642,005.60), this sale does not yet signal deteriorating business conditions, though the accumulated selling activity across multiple tranches within 2 days warrants monitoring for patterns of ongoing disposition.

CEO Ramesh sold 20,000 shares ($2.2M) over two days at $108.18 blended average; stock now at $103.09

Srinivasan Ramesh, President & CEO, executed 2 separate sales totaling 20,000 shares for $2,163,600.00 on 2024-09-03 and 2024-09-04 at a blended average price of $108.18, reducing his holdings by 2.5% to 768,367 shares. The transaction occurred near the 52-week high of $113.10, with the stock currently trading at $103.09 (-8.8% from peak and -2.1% over 30 days since the sale). At AGYS specifically, Ramesh's prior 3 measurable same-ticker sells (2024-05-31, 2024-06-03, 2024-06-04) generated positive 90-day returns averaging +20.3%, meaning the stock rose after those sales—a pattern that contradicts well-timed execution. This current sale occurred in early September after a +8.5% 90-day rally, and the subsequent price decline suggests timing may differ from his historical same-ticker pattern. The company's fundamentals remain solid with $63.5M quarterly revenue, +19.9% annual growth, and $14.1M net income, though a P/E of 29.12 reflects elevated valuation expectations.