Mantech International Corp (NASDAQ:MANT) Director Mary K. Bush sold 1,000 shares of Mantech International stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $50.45, for a total transaction of $50,450.00. Following the completion of the transaction, the director now owns 7,540 shares in the company, valued at approximately $380,393. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Mantech International Corp (MANT) traded up $0.50 during mid-day trading on Thursday, reaching $50.41. 178,100 shares of the company’s stock were exchanged, compared to its average volume of 155,865. The firm has a market capitalization of $1,946.14, a PE ratio of 32.62, a P/E/G ratio of 4.00 and a beta of 0.97. Mantech International Corp has a 12-month low of $33.50 and a 12-month high of $52.35.

Mantech International (NASDAQ:MANT) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.01. Mantech International had a net margin of 3.61% and a return on equity of 4.73%. The company had revenue of $422.70 million for the quarter, compared to analyst estimates of $427.44 million. During the same period in the prior year, the firm earned $0.38 earnings per share. The company’s revenue was up 1.8% on a year-over-year basis. equities research analysts forecast that Mantech International Corp will post 1.56 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.67%. Mantech International’s payout ratio is currently 27.45%.

Several analysts have recently weighed in on MANT shares. Jefferies Group reiterated a “sell” rating on shares of Mantech International in a research report on Friday, August 18th. Cowen restated a “buy” rating and issued a $45.00 price target on shares of Mantech International in a research report on Monday, August 21st. Zacks Investment Research downgraded shares of Mantech International from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. Finally, Maxim Group reissued a “buy” rating and set a $47.00 price target (up from $44.00) on shares of Mantech International in a research note on Wednesday, September 20th. Four research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $45.57.

Institutional investors and hedge funds have recently bought and sold shares of the company. AXA increased its stake in shares of Mantech International by 11.0% in the 3rd quarter. AXA now owns 124,800 shares of the technology company’s stock valued at $5,510,000 after acquiring an additional 12,326 shares in the last quarter. Algert Global LLC bought a new stake in Mantech International during the 3rd quarter valued at $1,264,000. California Public Employees Retirement System increased its stake in Mantech International by 9.9% during the 3rd quarter. California Public Employees Retirement System now owns 18,345 shares of the technology company’s stock valued at $810,000 after purchasing an additional 1,645 shares in the last quarter. Jane Street Group LLC bought a new stake in Mantech International during the 3rd quarter valued at $559,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Mantech International by 0.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,159,794 shares of the technology company’s stock worth $95,354,000 after acquiring an additional 10,337 shares during the last quarter. Institutional investors own 63.26% of the company’s stock.

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About Mantech International

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

Insider Buying and Selling by Quarter for Mantech International (NASDAQ:MANT)

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