James Stewart Gantt Sells 5,139 Shares of Manhattan Associates (NASDAQ:MANH) Stock

Manhattan Associates, Inc. (NASDAQ:MANH) EVP James Stewart Gantt sold 5,139 shares of Manhattan Associates 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 in the company, valued at approximately $10,886,328.28. The trade was a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Manhattan Associates Trading Up 0.2%

Shares of Manhattan Associates stock opened at $191.36 on Friday. Manhattan Associates, Inc. has a 52 week low of $119.06 and a 52 week high of $227.43. The stock has a market cap of $11.32 billion, a PE ratio of 54.83 and a beta of 0.97. The company’s 50-day moving average price is $150.47 and its two-hundred day moving average price is $145.48.

Manhattan Associates (NASDAQ:MANH) last posted its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.07. The company had revenue of $297.79 million during the quarter, compared to analyst estimates of $289.03 million. Manhattan Associates had a net margin of 18.67% and a return on equity of 86.72%. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.31 EPS. On average, equities analysts predict that Manhattan Associates, Inc. will post 3.87 EPS for the current fiscal year.

Key Headlines Impacting 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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Manhattan Associates by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 6,957,028 shares of the software maker’s stock valued at $1,205,723,000 after acquiring an additional 136,708 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Manhattan Associates by 35.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,580,241 shares of the software maker’s stock worth $447,182,000 after purchasing an additional 671,589 shares during the period. AQR Capital Management LLC grew its position in Manhattan Associates by 6.9% during the 4th quarter. AQR Capital Management LLC now owns 2,219,539 shares of the software maker’s stock worth $384,668,000 after purchasing an additional 142,407 shares in the last quarter. Morgan Stanley grew its position in Manhattan Associates by 2.5% during the 4th quarter. Morgan Stanley now owns 2,178,422 shares of the software maker’s stock worth $377,543,000 after purchasing an additional 53,037 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Manhattan Associates by 5.3% during the 4th quarter. Geode Capital Management LLC now owns 1,753,909 shares of the software maker’s stock valued at $305,199,000 after purchasing an additional 88,005 shares during the period. 98.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on MANH. DA Davidson lifted their price target on shares of Manhattan Associates from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings upgraded Manhattan Associates from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Barclays cut their price objective on Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Stifel Nicolaus lifted their target price on Manhattan Associates from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Morgan Stanley set a $180.00 target price on Manhattan Associates in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $209.20.

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.