Weekly Investment Analysts’ Ratings Updates for Manhattan Associates (MANH)

Several analysts have recently updated their ratings and price targets for Manhattan Associates (NASDAQ: MANH):

• 1/29/2025 – Manhattan Associates had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $268.00 price target on the stock, down previously from $326.00.
• 1/29/2025 – Manhattan Associates had its price target lowered by analysts at Raymond James from $305.00 to $270.00. They now have an “outperform” rating on the stock.
• 1/29/2025 – Manhattan Associates had its price target lowered by analysts at Loop Capital from $310.00 to $275.00. They now have a “buy” rating on the stock.
• 1/29/2025 – Manhattan Associates had its price target lowered by analysts at DA Davidson from $315.00 to $270.00. They now have a “buy” rating on the stock.
• 1/29/2025 – Manhattan Associates had its price target lowered by analysts at Truist Financial Co. from $310.00 to $285.00. They now have a “buy” rating on the stock.
• 1/27/2025 – Manhattan Associates had its price target lowered by analysts at Citigroup Inc. from $306.00 to $303.00. They now have a “neutral” rating on the stock.
• 1/13/2025 – Manhattan Associates was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/3/2025 – Manhattan Associates was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/16/2024 – Manhattan Associates had its price target raised by analysts at Citigroup Inc. from $287.00 to $306.00. They now have a “neutral” rating on the stock.

Manhattan Associates Trading Down 11.5 %

NASDAQ MANH opened at $177.70 on Tuesday. Manhattan Associates, Inc. has a 12 month low of $177.12 and a 12 month high of $312.60. The firm has a market capitalization of $10.85 billion, a PE ratio of 50.63 and a beta of 1.50. The business’s 50-day moving average price is $268.55 and its two-hundred day moving average price is $270.39.

Insider Activity at Manhattan Associates

In other Manhattan Associates news, EVP James Stewart Gantt sold 3,475 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $288.10, for a total transaction of $1,001,147.50. Following the sale, the executive vice president now owns 42,812 shares of the company’s stock, valued at approximately $12,334,137.20. This represents a 7.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Bruce Richards sold 4,150 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $289.73, for a total value of $1,202,379.50. Following the sale, the senior vice president now owns 22,086 shares of the company’s stock, valued at approximately $6,398,976.78. The trade was a 15.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.72% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Manhattan Associates

Several institutional investors have recently added to or reduced their stakes in MANH. Twin Tree Management LP acquired a new position in shares of Manhattan Associates during the 4th quarter valued at $25,000. Capital Performance Advisors LLP bought a new stake in Manhattan Associates in the third quarter valued at $34,000. Whipplewood Advisors LLC acquired a new position in shares of Manhattan Associates during the fourth quarter valued at about $34,000. Synergy Asset Management LLC acquired a new position in shares of Manhattan Associates during the fourth quarter valued at about $35,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of Manhattan Associates during the 3rd quarter worth about $42,000. 98.45% of the stock is owned by institutional investors and hedge funds.

Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores.