Edgestream Partners L.P. Raises Stake in Manhattan Associates, Inc. $MANH

Edgestream Partners L.P. increased its holdings in shares of Manhattan Associates, Inc. (NASDAQ:MANH) by 14.1% during the 1st quarter, HoldingsChannel reports. The fund owned 36,326 shares of the software maker’s stock after buying an additional 4,490 shares during the period. Edgestream Partners L.P.’s holdings in Manhattan Associates were worth $4,836,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bull Harbor Capital LLC bought a new position in shares of Manhattan Associates during the first quarter valued at approximately $614,000. Amundi boosted its position in shares of Manhattan Associates by 479.4% in the 1st quarter. Amundi now owns 454,095 shares of the software maker’s stock worth $60,449,000 after purchasing an additional 375,719 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of Manhattan Associates by 22.6% in the 1st quarter. California State Teachers Retirement System now owns 70,166 shares of the software maker’s stock worth $9,340,000 after buying an additional 12,930 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Manhattan Associates by 14.1% in the 1st quarter. Royal Bank of Canada now owns 563,755 shares of the software maker’s stock worth $75,048,000 after buying an additional 69,859 shares during the last quarter. Finally, SummitTX Capital L.P. bought a new position in Manhattan Associates during the 1st quarter valued at approximately $238,000. Hedge funds and other institutional investors own 98.45% of the company’s stock.

Insiders Place Their Bets

In other news, EVP James Stewart Gantt sold 5,139 shares of the business’s stock in a transaction on 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 completion of the transaction, the executive vice president owned 55,676 shares in the company, valued at $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 link. Also, CEO Eric Andrew Clark sold 1,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $146.77, for a total value of $146,770.00. Following the completion of the transaction, the chief executive officer owned 92,638 shares of the company’s stock, valued at $13,596,479.26. This represents a 1.07% decrease in their position. The SEC filing for this sale provides additional information. 0.84% of the stock is currently owned by company insiders.

Key Manhattan Associates News

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

Manhattan Associates Stock Up 0.2%

Shares of MANH opened at $191.36 on Friday. The company has a market capitalization of $11.32 billion, a P/E ratio of 54.83 and a beta of 0.97. The firm has a 50 day moving average of $150.47 and a 200 day moving average of $145.48. Manhattan Associates, Inc. has a twelve month low of $119.06 and a twelve month high of $227.43.

Manhattan Associates (NASDAQ:MANH) last announced its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.31 EPS. On average, sell-side analysts expect that Manhattan Associates, Inc. will post 3.82 EPS for the current year.

Analyst Ratings Changes

MANH has been the subject of a number of recent research reports. Rothschild & Co Redburn set a $145.00 price objective on Manhattan Associates in a research note on Thursday, April 16th. Weiss Ratings raised Manhattan Associates from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 14th. Barclays reduced their price target on Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Robert W. Baird lifted their price target on Manhattan Associates from $186.00 to $218.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Morgan Stanley set a $180.00 price target on Manhattan Associates in a research report on Wednesday. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Manhattan Associates presently has a consensus rating of “Moderate Buy” and a consensus target price 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.