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

Manhattan Associates, Inc. (NASDAQ:MANH) EVP James Stewart Gantt sold 5,139 shares of the firm’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $195.53, for a total value of $1,004,828.67. Following the transaction, the executive vice president owned 55,676 shares of the company’s stock, valued at $10,886,328.28. This trade represents a 8.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Manhattan Associates Price Performance

Shares of NASDAQ:MANH opened at $191.36 on Friday. The firm has a market capitalization of $11.32 billion, a PE ratio of 54.83 and a beta of 0.97. The firm’s 50-day moving average is $150.47 and its two-hundred day moving average is $145.48. Manhattan Associates, Inc. has a 1 year low of $119.06 and a 1 year high of $227.43.

Manhattan Associates (NASDAQ:MANH) last issued its quarterly earnings results on Tuesday, July 28th. The software maker reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.07. Manhattan Associates had a net margin of 18.67% and a return on equity of 86.72%. The business had revenue of $297.79 million for the quarter, compared to analysts’ expectations of $289.03 million. During the same quarter in the prior year, the company earned $1.31 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Analysts expect that Manhattan Associates, Inc. will post 3.82 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays decreased their price target 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. Morgan Stanley set a $180.00 price objective on Manhattan Associates in a research report on Wednesday. Robert W. Baird increased their price objective on Manhattan Associates from $186.00 to $218.00 and gave the company an “outperform” rating in a research note on Wednesday. DA Davidson lifted their target price on Manhattan Associates from $200.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Weiss Ratings raised Manhattan Associates from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 14th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $209.20.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in Manhattan Associates by 3.3% during the 2nd quarter. NewEdge Advisors LLC now owns 1,852 shares of the software maker’s stock worth $366,000 after acquiring an additional 59 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Manhattan Associates by 2.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,708 shares of the software maker’s stock valued at $555,000 after purchasing an additional 69 shares during the last quarter. Covestor Ltd raised its holdings in shares of Manhattan Associates by 12.2% in the 4th quarter. Covestor Ltd now owns 670 shares of the software maker’s stock valued at $116,000 after purchasing an additional 73 shares in the last quarter. Verdence Capital Advisors LLC raised its holdings in shares of Manhattan Associates by 3.4% in the 4th quarter. Verdence Capital Advisors LLC now owns 2,322 shares of the software maker’s stock valued at $402,000 after purchasing an additional 76 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in shares of Manhattan Associates by 1.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 6,369 shares of the software maker’s stock worth $1,104,000 after purchasing an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 98.45% of the company’s stock.

More 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 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.