WINTON GROUP Ltd Buys 4,862 Shares of Manhattan Associates, Inc. $MANH

WINTON GROUP Ltd increased its stake in shares of Manhattan Associates, Inc. (NASDAQ:MANH) by 341.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,286 shares of the software maker’s stock after acquiring an additional 4,862 shares during the quarter. WINTON GROUP Ltd’s holdings in Manhattan Associates were worth $1,089,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted 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 acquiring an additional 112 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in Manhattan Associates during the fourth quarter worth $27,000. BNP Paribas bought a new position in Manhattan Associates during the fourth quarter worth $39,000. TD Private Client Wealth LLC boosted 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 acquiring an additional 109 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in Manhattan Associates during the fourth quarter worth $44,000. 98.45% of the stock is owned by institutional investors.

Insider Transactions at Manhattan Associates

In related news, EVP James Stewart Gantt sold 7,300 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $139.25, for a total transaction of $1,016,525.00. Following the completion of the sale, the executive vice president owned 60,815 shares in the company, valued at approximately $8,468,488.75. This trade represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.84% of the company’s stock.

Manhattan Associates Stock Performance

NASDAQ MANH opened at $146.54 on Wednesday. Manhattan Associates, Inc. has a 52-week low of $119.06 and a 52-week high of $247.22. The company has a 50-day simple moving average of $137.79 and a 200 day simple moving average of $151.42. The company has a market capitalization of $8.67 billion, a PE ratio of 41.05 and a beta of 0.97.

Manhattan Associates (NASDAQ:MANH) last posted its quarterly earnings data on Tuesday, April 21st. The software maker reported $1.24 earnings per share (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 during the quarter, compared to the consensus estimate of $273.71 million. During the same quarter last year, the company posted $1.19 earnings per share. The firm’s quarterly revenue 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. As a group, analysts forecast that Manhattan Associates, Inc. will post 3.68 EPS for the current fiscal year.

Manhattan Associates announced that its board has initiated a share repurchase program on Thursday, March 5th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the software maker to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages have recently commented on MANH. Wall Street Zen downgraded shares of Manhattan Associates from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. DA Davidson reiterated a “buy” rating and issued a $200.00 target price on shares of Manhattan Associates in a report on Wednesday, May 20th. Rothschild & Co Redburn set a $145.00 target price on shares of Manhattan Associates in a report on Thursday, April 16th. William Blair reiterated an “outperform” rating on shares of Manhattan Associates in a report on Thursday, March 5th. Finally, Barclays lowered their target price on shares of Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Eight analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Manhattan Associates currently has an average rating of “Moderate Buy” and an average price target of $199.45.

Manhattan Associates Company Profile

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.