OxFORD Asset Management LLP increased its holdings in shares of Manhattan Associates, Inc. (NASDAQ:MANH) by 195.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,204 shares of the software maker’s stock after acquiring an additional 80,811 shares during the quarter. OxFORD Asset Management LLP owned about 0.18% of Manhattan Associates worth $5,084,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in MANH. Kayne Anderson Rudnick Investment Management LLC increased its position in Manhattan Associates by 219.8% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,868,470 shares of the software maker’s stock worth $89,799,000 after acquiring an additional 1,284,125 shares during the period. Koch Industries Inc. grew its stake in Manhattan Associates by 5,389.1% during the second quarter. Koch Industries Inc. now owns 729,227 shares of the software maker’s stock worth $714,000 after buying an additional 715,942 shares in the last quarter. Wells Fargo & Company MN grew its stake in Manhattan Associates by 116.2% during the second quarter. Wells Fargo & Company MN now owns 1,066,350 shares of the software maker’s stock worth $51,249,000 after buying an additional 573,226 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Manhattan Associates by 756.0% during the third quarter. Russell Investments Group Ltd. now owns 575,442 shares of the software maker’s stock worth $23,921,000 after buying an additional 508,215 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in Manhattan Associates by 1,656.6% during the second quarter. Nordea Investment Management AB now owns 488,967 shares of the software maker’s stock worth $23,500,000 after buying an additional 461,131 shares in the last quarter.

In other news, CEO Eddie Capel sold 23,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $42.04, for a total value of $966,920.00. Following the sale, the chief executive officer now directly owns 180,057 shares in the company, valued at approximately $7,569,596.28. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.01% of the company’s stock.

Shares of Manhattan Associates, Inc. (NASDAQ MANH) opened at $44.38 on Wednesday. The stock has a market cap of $3,084.76, a PE ratio of 25.28 and a beta of 1.15. Manhattan Associates, Inc. has a one year low of $40.75 and a one year high of $55.74.

Manhattan Associates (NASDAQ:MANH) last announced its quarterly earnings data on Tuesday, October 24th. The software maker reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. The firm had revenue of $152.88 million for the quarter, compared to the consensus estimate of $150.30 million. Manhattan Associates had a net margin of 20.38% and a return on equity of 74.19%. The business’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the company posted $0.50 earnings per share. equities research analysts expect that Manhattan Associates, Inc. will post 1.75 EPS for the current fiscal year.

A number of equities research analysts have issued reports on the stock. BidaskClub downgraded shares of Manhattan Associates from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 9th. KeyCorp reiterated a “hold” rating on shares of Manhattan Associates in a research note on Tuesday, October 17th. Zacks Investment Research upgraded shares of Manhattan Associates from a “sell” rating to a “hold” rating in a research note on Saturday, November 18th. Finally, SunTrust Banks upgraded shares of Manhattan Associates from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Tuesday, October 3rd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Manhattan Associates has an average rating of “Hold” and an average target price of $65.00.

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Manhattan Associates Company Profile

Manhattan Associates, Inc (Manhattan) is a developer and provider of supply chain commerce solutions. The Company operates through three geographical segments: the Americas, Europe, Middle East and Africa (EMEA), and the Asia Pacific (APAC). It is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations.

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Institutional Ownership by Quarter for Manhattan Associates (NASDAQ:MANH)

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