DA Davidson Issues Positive Forecast for Manhattan Associates (NASDAQ:MANH) Stock Price

Manhattan Associates (NASDAQ:MANH) had its price target hoisted by DA Davidson from $195.00 to $200.00 in a report published on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the software maker’s stock. DA Davidson also issued estimates for Manhattan Associates’ Q2 2025 earnings at $0.75 EPS.

Several other research firms have also recently weighed in on MANH. Loop Capital reaffirmed a “hold” rating and set a $170.00 price objective (down from $275.00) on shares of Manhattan Associates in a research report on Thursday, April 10th. Truist Financial cut their price objective on shares of Manhattan Associates from $285.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. William Blair upgraded shares of Manhattan Associates from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 13th. Piper Sandler reduced their price objective on shares of Manhattan Associates from $268.00 to $200.00 and set an “overweight” rating for the company in a research note on Friday, March 14th. Finally, StockNews.com downgraded Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $213.78.

Manhattan Associates Trading Up 5.9 %

MANH opened at $171.82 on Wednesday. The firm’s fifty day simple moving average is $169.77 and its 200 day simple moving average is $236.24. The stock has a market capitalization of $10.43 billion, a P/E ratio of 48.95 and a beta of 1.36. Manhattan Associates has a 12 month low of $140.81 and a 12 month high of $312.60.

Insiders Place Their Bets

In other news, CFO Dennis B. Story sold 2,788 shares of Manhattan Associates stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $170.83, for a total transaction of $476,274.04. Following the completion of the transaction, the chief financial officer now directly owns 101,263 shares in the company, valued at approximately $17,298,758.29. The trade was a 2.68 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.72% of the company’s stock.

Institutional Investors Weigh In On Manhattan Associates

Large investors have recently added to or reduced their stakes in the business. Twin Tree Management LP acquired a new position in shares of Manhattan Associates in the fourth quarter valued at $25,000. Whipplewood Advisors LLC acquired a new position in Manhattan Associates in the 4th quarter valued at about $34,000. Central Pacific Bank Trust Division grew its stake in Manhattan Associates by 107.3% in the 1st quarter. Central Pacific Bank Trust Division now owns 199 shares of the software maker’s stock valued at $34,000 after buying an additional 103 shares during the last quarter. Synergy Asset Management LLC bought a new position in Manhattan Associates in the 4th quarter valued at about $35,000. Finally, Park Square Financial Group LLC acquired a new stake in Manhattan Associates during the fourth quarter worth approximately $38,000. Institutional investors own 98.45% of the company’s stock.

About Manhattan Associates

Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores.