Sei Investments Co. Buys 55,463 Shares of Manhattan Associates, Inc. $MANH

Sei Investments Co. increased its stake in Manhattan Associates, Inc. (NASDAQ:MANH) by 48.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 170,667 shares of the software maker’s stock after purchasing an additional 55,463 shares during the quarter. Sei Investments Co.’s holdings in Manhattan Associates were worth $22,719,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Cetera Investment Advisers lifted its holdings in Manhattan Associates by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 2,941 shares of the software maker’s stock worth $392,000 after purchasing an additional 211 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in Manhattan Associates by 41.9% during the 1st quarter. First Citizens Bank & Trust Co. now owns 9,692 shares of the software maker’s stock valued at $1,290,000 after buying an additional 2,863 shares in the last quarter. First Trust Advisors LP grew its holdings in Manhattan Associates by 4.5% during the 1st quarter. First Trust Advisors LP now owns 22,493 shares of the software maker’s stock valued at $2,994,000 after buying an additional 962 shares in the last quarter. ABN Amro Investment Solutions increased its position in shares of Manhattan Associates by 20.6% during the first quarter. ABN Amro Investment Solutions now owns 38,479 shares of the software maker’s stock valued at $5,122,000 after buying an additional 6,584 shares during the period. Finally, Earned Wealth Advisors LLC purchased a new stake in shares of Manhattan Associates in the first quarter worth about $227,000. 98.45% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MANH has been the subject of a number of analyst reports. Barclays cut their price objective on shares of Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Rothschild & Co Redburn set a $145.00 target price on shares of Manhattan Associates in a report on Thursday, April 16th. Citigroup increased their target price on shares of Manhattan Associates from $177.00 to $193.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Stifel Nicolaus set a $200.00 price target on shares of Manhattan Associates in a report on Wednesday, May 20th. Finally, DA Davidson restated a “buy” rating and set a $200.00 price target on shares of Manhattan Associates in a research report on Wednesday, May 20th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $201.00.

Manhattan Associates Price Performance

Shares of MANH opened at $168.17 on Wednesday. The firm’s 50 day simple moving average is $146.95 and its 200 day simple moving average is $144.84. The company has a market capitalization of $9.95 billion, a P/E ratio of 47.11 and a beta of 0.97. Manhattan Associates, Inc. has a 1-year low of $119.06 and a 1-year high of $229.57.

Manhattan Associates (NASDAQ:MANH) last issued its quarterly earnings results on Tuesday, July 28th. The software maker reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The firm had revenue of $297.79 million for the quarter, compared to analyst estimates of $289.03 million. Manhattan Associates had a net margin of 19.68% and a return on equity of 78.13%. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.31 EPS. On average, equities analysts anticipate that Manhattan Associates, Inc. will post 3.74 earnings per share for the current year.

Insider Buying and Selling

In other Manhattan Associates news, CEO Eric Andrew Clark sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $146.77, for a total transaction of $146,770.00. Following the sale, the chief executive officer owned 92,638 shares in the company, valued at $13,596,479.26. This trade represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.84% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Manhattan Associates

Here are the key news stories impacting Manhattan Associates this week:

• Positive Sentiment: Manhattan Associates reported second-quarter adjusted earnings of $1.39 per share, exceeding analyst estimates of approximately $1.31-$1.32 and rising from $1.31 a year earlier. Revenue reached $297.8 million, above the $287.7 million consensus forecast and up from $272.4 million. Manhattan Associates Q2 earnings and revenues beat estimates
• Positive Sentiment: Cloud subscription revenue climbed 26% year over year to $126.7 million, supporting the company’s shift toward recurring revenue. Remaining performance obligations totaled $2.47 billion, providing visibility into future sales. Manhattan Associates Q2 revenue rises as cloud sales climb
• Positive Sentiment: Management maintained full-year 2026 guidance for revenue of $1.160 billion to $1.166 billion and GAAP EPS of $3.59 to $3.65. The company also repurchased 874,029 shares for $125 million during the quarter, potentially supporting per-share results. Manhattan Associates reports second-quarter results
• Neutral Sentiment: Although adjusted earnings beat expectations, GAAP diluted EPS declined to $0.85 from $0.93 a year earlier, while net income fell to $50.4 million from $56.8 million. This contrast may temper enthusiasm despite the revenue and cloud-growth momentum.
• Negative Sentiment: Rosen Law Firm announced an investigation into potential fiduciary-duty breaches by Manhattan Associates’ directors and officers. The announcement does not establish wrongdoing, but it adds legal and governance-related uncertainty for shareholders. Rosen Law Firm announces investigation

About Manhattan Associates

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.