Key Points
- EVP James Stewart Gantt sold 7,300 shares on April 24 at an average price of $139.25 for roughly $1.02M, cutting his stake by 10.72% to 60,815 shares (≈$8.47M).
- Manhattan beat Q1 estimates with $1.24 EPS versus $1.10 expected and $282.2M revenue (up 7.4% year‑over‑year), and set FY‑2026 guidance of $5.29–$5.37 EPS.
- The board approved a $500 million share repurchase program (about 5.8% of outstanding shares), signaling management believes the stock may be undervalued.
Manhattan Associates, Inc. (NASDAQ:MANH - Get Free Report) EVP James Stewart Gantt sold 7,300 shares of the firm's stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $139.25, for a total transaction of $1,016,525.00. Following the transaction, the executive vice president directly owned 60,815 shares in the company, valued at approximately $8,468,488.75. This represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Manhattan Associates Stock Performance
NASDAQ:MANH opened at $142.35 on Friday. Manhattan Associates, Inc. has a 52 week low of $119.06 and a 52 week high of $247.22. The firm has a market cap of $8.43 billion, a price-to-earnings ratio of 39.87 and a beta of 1.05. The firm's 50-day simple moving average is $137.02 and its 200 day simple moving average is $161.53.
Manhattan Associates (NASDAQ:MANH - Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.14. Manhattan Associates had a net margin of 19.68% and a return on equity of 78.13%. The business had revenue of $282.22 million for the quarter, compared to analyst estimates of $273.71 million. During the same period last year, the firm earned $1.19 earnings per share. Manhattan Associates's revenue for the quarter was up 7.4% compared to the same quarter last year. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. Sell-side analysts anticipate that Manhattan Associates, Inc. will post 3.69 EPS for the current year.
Manhattan Associates declared that its board has approved a share repurchase program on Thursday, March 5th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the software maker to repurchase up to 5.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.
Analyst Upgrades and Downgrades
MANH has been the topic of a number of recent research reports. Robert W. Baird raised their price target on shares of Manhattan Associates from $183.00 to $186.00 and gave the stock an "outperform" rating in a research report on Wednesday. Citigroup lowered their price target on shares of Manhattan Associates from $208.00 to $177.00 and set a "buy" rating on the stock in a research report on Wednesday. Stifel Nicolaus lowered their price target on shares of Manhattan Associates from $225.00 to $200.00 and set a "buy" rating on the stock in a research report on Wednesday. Barclays raised their price target on shares of Manhattan Associates from $236.00 to $239.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Morgan Stanley lowered their price target on shares of Manhattan Associates from $200.00 to $165.00 and set an "equal weight" rating on the stock in a research report on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $202.91.
View Our Latest Analysis on Manhattan Associates
Manhattan Associates News Summary
Here are the key news stories impacting Manhattan Associates this week:
- Positive Sentiment: Q1 beat and raised FY‑2026 outlook — Manhattan reported stronger‑than‑expected Q1 results and raised its full‑year guidance, which investors view as the main catalyst lifting the stock. Read More.
- Positive Sentiment: Analyst bullishness — Robert W. Baird called for strong price appreciation, adding momentum to the rally as investors reprice MANH on the better outlook. Read More.
- Positive Sentiment: Market and sentiment pieces highlight momentum — multiple market writeups and a bullish Seeking Alpha piece argue Manhattan’s competitive position and guidance justify renewed investor interest. These narratives support demand into the stock. Read More.
- Neutral Sentiment: Valuation/analysis checks — coverage pieces examine valuation after the beat; useful context for investors deciding whether upside justifies the stock’s elevated P/E, but not immediate drivers of intraday moves. Read More.
- Neutral Sentiment: Earnings call summary available — the Q1 call provides detail on revenue mix, bookings and margin outlook; investors should review management commentary for signs of recurring strength or one‑time items. Read More.
- Negative Sentiment: Insider sale by an EVP — James Stewart Gantt sold 7,300 shares (~10.7% reduction in his holding), a transaction worth roughly $1.02M at the sale price; insider sales can create short‑term concern about insider conviction even if driven by non‑company reasons. Read More.
- Negative Sentiment: Contrary analyst view — DA Davidson issued a pessimistic forecast, which could cap upside or spur profit‑taking among more cautious investors. Read More.
- Neutral Sentiment: Short interest data appears anomalous — April report shows zero shares shorted (likely a data glitch), so short‑squeeze dynamics aren’t a meaningful factor today. Read More.
Institutional Investors Weigh In On Manhattan Associates
Large investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its stake in Manhattan Associates by 448.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 137 shares of the software maker's stock worth $28,000 after buying an additional 112 shares in the last quarter. Eastern Bank acquired a new stake in Manhattan Associates during the third quarter worth about $30,000. Eagle Bay Advisors LLC acquired a new stake in Manhattan Associates during the fourth quarter worth about $27,000. BNP Paribas acquired a new stake in Manhattan Associates during the fourth quarter worth about $39,000. Finally, TD Private Client Wealth LLC grew its stake in Manhattan Associates by 83.8% during the fourth quarter. TD Private Client Wealth LLC now owns 239 shares of the software maker's stock worth $41,000 after buying an additional 109 shares in the last quarter. 98.45% of the stock is currently owned by institutional investors and hedge funds.
About Manhattan Associates
(
Get Free Report)
Manhattan Associates, Inc (NASDAQ: MANH) is a provider of supply chain and omnichannel commerce software solutions designed to optimize the flow of goods, information and funds across enterprise operations. Its flagship offerings include warehouse management, transportation management, order management and omnichannel fulfillment applications. These solutions are delivered through a cloud-native platform called Manhattan Active, which enables retailers, manufacturers, carriers and third-party logistics providers to orchestrate inventory, manage distribution and improve customer service in real time.
Key product areas include Manhattan Active Warehouse Management, which automates and optimizes warehouse operations from receiving through shipping; Manhattan Active Transportation Management, supporting carrier selection, routing and freight payment; and Manhattan Active Omni, which unifies order capture, inventory visibility and fulfillment across stores, distribution centers and e-commerce channels.
Further Reading
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