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

Manhattan Associates, Inc. (NASDAQ:MANH) CEO Eric Andrew Clark sold 1,000 shares of the business’s stock in a transaction on 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 in the company, valued at $13,596,479.26. This trade represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Manhattan Associates Trading Down 0.9%

Manhattan Associates stock opened at $145.15 on Thursday. The business’s fifty day simple moving average is $138.08 and its two-hundred day simple moving average is $151.26. Manhattan Associates, Inc. has a 12 month low of $119.06 and a 12 month high of $247.22. The company has a market capitalization of $8.59 billion, a price-to-earnings ratio of 40.66 and a beta of 0.97.

Manhattan Associates (NASDAQ:MANH) last released its earnings results on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, topping the consensus estimate of $1.10 by $0.14. Manhattan Associates had a return on equity of 78.13% and a net margin of 19.68%.The business had revenue of $282.22 million for the quarter, compared to the consensus estimate of $273.71 million. During the same period in the previous year, the company posted $1.19 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. On average, equities research analysts predict that Manhattan Associates, Inc. will post 3.68 EPS for the current year.

Manhattan Associates announced that its board has approved a stock buyback program on Thursday, March 5th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the software maker to repurchase up to 5.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Key Headlines Impacting Manhattan Associates

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Manhattan Associates by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 6,957,028 shares of the software maker’s stock valued at $1,205,723,000 after acquiring an additional 136,708 shares during the period. Alliancebernstein L.P. lifted its holdings in Manhattan Associates by 22.7% in 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 during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Manhattan Associates by 35.2% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,580,241 shares of the software maker’s stock valued at $447,182,000 after acquiring an additional 671,589 shares during the period. AQR Capital Management LLC lifted its holdings in Manhattan Associates by 6.9% in the fourth quarter. AQR Capital Management LLC now owns 2,219,539 shares of the software maker’s stock valued at $384,668,000 after acquiring an additional 142,407 shares during the period. Finally, Morgan Stanley lifted its holdings in Manhattan Associates by 2.5% in the fourth quarter. Morgan Stanley now owns 2,178,422 shares of the software maker’s stock valued at $377,543,000 after acquiring an additional 53,037 shares during the period. Institutional investors own 98.45% of the company’s stock.

Analyst Ratings Changes

MANH has been the topic of several analyst reports. Wall Street Zen downgraded Manhattan Associates from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Citigroup dropped their price objective on Manhattan Associates from $208.00 to $177.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. DA Davidson reaffirmed a “buy” rating and set a $200.00 price objective on shares of Manhattan Associates in a research report on Wednesday, May 20th. Robert W. Baird increased their price objective on Manhattan Associates from $183.00 to $186.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Finally, Weiss Ratings cut Manhattan Associates from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. Eight equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $199.45.

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.