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

Edgestream Partners L.P. raised its stake in Manhattan Associates, Inc. (NASDAQ:MANH) by 14.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 36,326 shares of the software maker’s stock after purchasing an additional 4,490 shares during the quarter. Edgestream Partners L.P. owned 0.06% of Manhattan Associates worth $4,836,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MANH. Eagle Bay Advisors LLC bought a new position in shares of Manhattan Associates in the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd raised its holdings in Manhattan Associates by 448.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 137 shares of the software maker’s stock valued at $28,000 after buying an additional 112 shares during the last quarter. BNP Paribas bought a new stake in Manhattan Associates during the 4th quarter valued at $39,000. TD Private Client Wealth LLC boosted its position in Manhattan Associates by 83.8% during the 4th quarter. TD Private Client Wealth LLC now owns 239 shares of the software maker’s stock valued at $41,000 after buying an additional 109 shares during the period. Finally, V Square Quantitative Management LLC purchased a new stake in Manhattan Associates during the 4th quarter valued at $44,000. Hedge funds and other institutional investors own 98.45% of the company’s stock.

Manhattan Associates Price Performance

MANH stock opened at $191.36 on Friday. Manhattan Associates, Inc. has a 1 year low of $119.06 and a 1 year high of $227.43. The company has a market cap 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 (NASDAQ:MANH) last issued its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.39 EPS for the quarter, topping the consensus estimate of $1.32 by $0.07. The business 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%. Manhattan Associates’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $1.31 earnings per share. On average, equities research analysts expect that Manhattan Associates, Inc. will post 3.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on MANH. Stifel Nicolaus boosted their price objective on shares of Manhattan Associates from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday. DA Davidson increased their target price on shares of Manhattan Associates from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday. Citigroup raised their target price on Manhattan Associates from $177.00 to $193.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Weiss Ratings upgraded Manhattan Associates from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 14th. Finally, Rothschild & Co Redburn set a $145.00 price target on Manhattan Associates in a research report on Thursday, April 16th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Manhattan Associates currently has an average rating of “Moderate Buy” and a consensus price target of $209.20.

Manhattan Associates News Roundup

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

Insider Activity at Manhattan Associates

In other news, EVP James Stewart Gantt sold 5,139 shares of the firm’s stock in a transaction that occurred 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. This trade represents a 8.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Eric Andrew Clark sold 1,000 shares of Manhattan Associates stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $146.77, for a total value of $146,770.00. Following the sale, the chief executive officer owned 92,638 shares in the company, valued at $13,596,479.26. This represents a 1.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.84% of the stock is currently owned by corporate insiders.

About Manhattan Associates

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.