Manhattan Associates (NASDAQ:MANH) CEO Eric Andrew Clark Sells 1,000 Shares

Manhattan Associates, Inc. (NASDAQ:MANH) CEO Eric Andrew Clark sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $146.77, for a total value of $146,770.00. Following the completion of the sale, the chief executive officer directly owned 92,638 shares of the company’s stock, valued at approximately $13,596,479.26. This represents a 1.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Manhattan Associates Price Performance

NASDAQ MANH traded down $1.39 during trading on Wednesday, hitting $145.15. The company’s stock had a trading volume of 393,495 shares, compared to its average volume of 561,874. The company has a market cap of $8.59 billion, a PE ratio of 40.66 and a beta of 0.97. The business’s 50 day simple moving average is $138.08 and its 200-day simple moving average is $151.26. Manhattan Associates, Inc. has a fifty-two week low of $119.06 and a fifty-two week high of $247.22.

Manhattan Associates (NASDAQ:MANH) last issued its quarterly earnings results on Tuesday, April 21st. The software maker reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.14. The business had revenue of $282.22 million during the quarter, compared to the consensus estimate of $273.71 million. Manhattan Associates had a return on equity of 78.13% and a net margin of 19.68%.The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $1.19 earnings per share. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. Analysts expect that Manhattan Associates, Inc. will post 3.68 EPS for the current fiscal year.

Manhattan Associates announced that its Board of Directors has authorized a stock repurchase program on Thursday, March 5th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the software maker to reacquire up to 5.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Manhattan Associates News Summary

Here are the key news stories impacting Manhattan Associates this week:

• Positive Sentiment: Manhattan Associates raised FY 2026 guidance, with EPS outlook of $5.29-$5.37 versus the $5.04 consensus, suggesting management expects stronger profitability ahead.
• Positive Sentiment: The company is highlighting its cloud-first strategy and AI initiatives, including ActivePlatform and new agent pilots, which could support longer-term growth if adoption accelerates.
• Positive Sentiment: Manhattan Associates also announced its 2026 Spotlight on Innovation Awards, reinforcing its customer relationships and brand positioning in supply chain commerce. Article Title

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wall Street Zen downgraded Manhattan Associates from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Citigroup decreased their target price on Manhattan Associates from $208.00 to $177.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Robert W. Baird lifted their target price on Manhattan Associates from $183.00 to $186.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. DA Davidson reaffirmed a “buy” rating and set a $200.00 target price on shares of Manhattan Associates in a report on Wednesday, May 20th. Finally, Rothschild & Co Redburn set a $145.00 target price on Manhattan Associates in a report on Thursday, April 16th. Eight equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.45.

Institutional Investors Weigh In On Manhattan Associates

A number of institutional investors and hedge funds have recently modified their holdings of MANH. Geode Capital Management LLC raised its position in Manhattan Associates by 5.3% during the fourth quarter. Geode Capital Management LLC now owns 1,753,909 shares of the software maker’s stock valued at $305,199,000 after acquiring an additional 88,005 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in Manhattan Associates during the fourth quarter valued at approximately $6,066,000. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in Manhattan Associates by 30.6% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 187,555 shares of the software maker’s stock valued at $32,505,000 after acquiring an additional 43,955 shares in the last quarter. Alliancebernstein L.P. raised its position in Manhattan Associates by 22.7% during the third quarter. Alliancebernstein L.P. now owns 2,801,901 shares of the software maker’s stock valued at $574,334,000 after acquiring an additional 518,321 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in Manhattan Associates by 771.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 63,117 shares of the software maker’s stock valued at $10,939,000 after acquiring an additional 55,877 shares in the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.

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.