Manhattan Associates, Inc. (NASDAQ:MANH - Get Free Report) EVP James Stewart Gantt sold 5,139 shares of the company's stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $195.53, for a total value of $1,004,828.67. Following the transaction, the executive vice president directly owned 55,676 shares of the company's stock, valued at approximately $10,886,328.28. This represents a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Manhattan Associates Stock Performance
MANH opened at $191.36 on Friday. Manhattan Associates, Inc. has a one year low of $119.06 and a one year high of $227.43. The company has a market cap of $11.32 billion, a P/E ratio of 54.83 and a beta of 0.97. The business's 50-day simple moving average is $150.47 and its 200-day simple moving average is $145.48.
Manhattan Associates (NASDAQ:MANH - Get Free Report) last posted its earnings results on Tuesday, July 28th. The software maker reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.07. The firm had revenue of $297.79 million during the quarter, compared to analysts' expectations of $289.03 million. Manhattan Associates had a return on equity of 86.72% and a net margin of 18.67%.The firm's revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.31 earnings per share. As a group, analysts predict that Manhattan Associates, Inc. will post 3.82 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Manhattan Associates
Several institutional investors have recently added to or reduced their stakes in MANH. Eagle Bay Advisors LLC purchased a new stake in Manhattan Associates during the 4th quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Manhattan Associates by 448.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 137 shares of the software maker's stock valued at $28,000 after purchasing an additional 112 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Manhattan Associates by 508.9% in the 2nd quarter. Versant Capital Management Inc now owns 274 shares of the software maker's stock valued at $38,000 after purchasing an additional 229 shares during the last quarter. BNP Paribas acquired a new position in shares of Manhattan Associates in the fourth quarter valued at approximately $39,000. Finally, TD Private Client Wealth LLC increased its holdings in shares of Manhattan Associates by 83.8% in the fourth quarter. TD Private Client Wealth LLC now owns 239 shares of the software maker's stock valued at $41,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 98.45% of the company's stock.
Trending Headlines about Manhattan Associates
Here are the key news stories impacting Manhattan Associates this week:
- Positive Sentiment: Manhattan Associates reported quarterly adjusted EPS of $1.39, exceeding the $1.32 consensus estimate, while revenue of $297.79 million surpassed expectations of $289.03 million and increased 9.3% year over year. Manhattan Associates Shares Gap Up After Strong Earnings
- Positive Sentiment: The company raised its fiscal 2026 EPS outlook to $5.44–$5.50, well above the analyst consensus of $5.02. Revenue guidance was approximately $1.2 billion, broadly in line with expectations, suggesting the earnings boost is being driven primarily by profitability and operating leverage. Why Manhattan Associates Is Up After Raising 2026 Guidance
- Positive Sentiment: Robert W. Baird raised its price target for MANH to $218, reinforcing the view that cloud adoption and AI-related products can support further upside. Robert W. Baird Boosts Manhattan Associates Price Target
- Neutral Sentiment: Analysts and investors remain divided on whether the company’s next growth phase is already reflected in the stock’s valuation. Recent commentary highlights the potential of Manhattan’s “Editions” and AI-agent offerings but also recommends patience as these initiatives scale. Manhattan Associates: The Next Chapter Is Already Priced In
- Negative Sentiment: EVP James Stewart Gantt sold 5,139 shares for approximately $1.0 million, reducing his ownership by 8.45%. While the sale may be routine, insider selling can weigh modestly on investor sentiment after a sharp rally. SEC Insider Sale Filing
- Negative Sentiment: Rosen Law Firm announced an investigation into potential breaches of fiduciary duties by Manhattan Associates’ directors and officers. The announcement does not establish wrongdoing, but it introduces a legal and reputational overhang. Rosen Law Firm Announces Investigation
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Manhattan Associates from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, July 14th. Barclays dropped their target price on shares of Manhattan Associates from $239.00 to $201.00 and set an "overweight" rating on the stock in a research report on Friday, May 29th. DA Davidson boosted their price target on shares of Manhattan Associates from $200.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday. Citigroup boosted their price target on shares of Manhattan Associates from $177.00 to $193.00 and gave the company a "buy" rating in a research report on Tuesday, July 21st. Finally, Rothschild & Co Redburn set a $145.00 price objective on shares of Manhattan Associates in a research note on Thursday, April 16th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $209.20.
Check Out Our Latest Stock Report on Manhattan Associates
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
