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Granite Sells $12 Million of Agilysys After Volatile Year for the Hospitality Tech Stock

California-based Granite Investment Partners reduced its position in Agilysys (AGYS +0.59%) by 89,611 shares in the third quarter, a move with an estiamted 11.9millionnetvaluechange.WhatHappenedAccordingtoafilingwiththeU.S.SecuritiesandExchangeCommissionreleasedonMonday,GraniteInvestmentPartnerssold89,611sharesofAgilysysduringthethirdquarter.Thereductionbroughtthefundstotalpositionto170,335shareswithamarketvalueof11.9 million net value change.What HappenedAccording to a filing with the U.S. Securities and Exchange Commission released on Monday, Granite Investment Partners sold 89,611 shares of Agilysys during the third quarter. The reduction brought the fund’s total position to 170,335 shares with a market value of 17.9 million as of September 30. The company’s ...