ManTech International Corporation (NASDAQ:MANT) insider L. William Varner sold 47,500 shares of ManTech International Corporation stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $48.52, for a total value of $2,304,700.00. Following the transaction, the insider now owns 37,500 shares in the company, valued at approximately $1,819,500. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of ManTech International Corporation (NASDAQ MANT) traded up $0.13 on Friday, reaching $48.39. 225,100 shares of the company traded hands, compared to its average volume of 156,409. The stock has a market cap of $1,881.80, a price-to-earnings ratio of 31.54, a P/E/G ratio of 3.87 and a beta of 0.93. ManTech International Corporation has a 12-month low of $33.50 and a 12-month high of $51.56.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.84 annualized dividend and a yield of 1.74%. ManTech International Corporation’s dividend payout ratio (DPR) is currently 27.45%.

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Several research analysts have recently commented on MANT shares. BidaskClub lowered ManTech International Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Maxim Group set a $44.00 price target on ManTech International Corporation and gave the stock a “buy” rating in a report on Thursday, August 3rd. Noble Financial reiterated a “hold” rating on shares of ManTech International Corporation in a report on Thursday, August 3rd. Zacks Investment Research upgraded ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Saturday, August 5th. Finally, Jefferies Group LLC reiterated a “sell” rating on shares of ManTech International Corporation in a report on Friday, August 18th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. ManTech International Corporation presently has an average rating of “Hold” and an average target price of $44.86.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Oppenheimer Asset Management Inc. raised its holdings in ManTech International Corporation by 0.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 27,202 shares of the technology company’s stock valued at $1,126,000 after buying an additional 91 shares during the period. Arizona State Retirement System grew its position in ManTech International Corporation by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 13,371 shares of the technology company’s stock valued at $553,000 after acquiring an additional 100 shares in the last quarter. Texas Permanent School Fund grew its position in ManTech International Corporation by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 18,695 shares of the technology company’s stock valued at $774,000 after acquiring an additional 192 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in ManTech International Corporation by 5.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 4,576 shares of the technology company’s stock valued at $189,000 after acquiring an additional 239 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan grew its position in ManTech International Corporation by 2.7% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 9,190 shares of the technology company’s stock valued at $381,000 after acquiring an additional 240 shares in the last quarter. Hedge funds and other institutional investors own 61.87% of the company’s stock.

About ManTech International Corporation

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 Corporation (NASDAQ:MANT)

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