Manhattan Associates (NASDAQ:MANH) Price Target Raised to $200.00

Manhattan Associates (NASDAQ:MANH) had its target price hoisted by DA Davidson from $195.00 to $200.00 in a research report released on Wednesday, Marketbeat reports. They currently have a buy rating on the software maker’s stock. DA Davidson also issued estimates for Manhattan Associates’ Q2 2025 earnings at $0.75 EPS, FY2025 earnings at $3.11 EPS and FY2026 earnings at $3.43 EPS.

MANH has been the topic of a number of other reports. Citigroup dropped their price target on Manhattan Associates from $244.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Robert W. Baird cut their target price on Manhattan Associates from $282.00 to $225.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 18th. Raymond James reduced their price target on shares of Manhattan Associates from $305.00 to $270.00 and set an “outperform” rating for the company in a report on Wednesday, January 29th. Truist Financial dropped their price objective on shares of Manhattan Associates from $285.00 to $185.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Piper Sandler decreased their target price on shares of Manhattan Associates from $268.00 to $200.00 and set an “overweight” rating for the company in a research report on Friday, March 14th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Manhattan Associates has an average rating of “Moderate Buy” and a consensus target price of $212.38.

Manhattan Associates Stock Performance

Manhattan Associates stock opened at $174.58 on Wednesday. Manhattan Associates has a 1 year low of $140.81 and a 1 year high of $312.60. The firm’s 50-day moving average is $169.19 and its 200-day moving average is $234.74. The company has a market cap of $10.60 billion, a P/E ratio of 49.74 and a beta of 1.36.

Insider Buying and Selling

In other news, CFO Dennis B. Story sold 2,788 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were 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 owns 101,263 shares in the company, valued at approximately $17,298,758.29. This trade represents a 2.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.72% of the stock is owned by corporate insiders.

Institutional Trading of Manhattan Associates

Several institutional investors and hedge funds have recently added to or reduced their stakes in MANH. Metis Global Partners LLC increased its holdings in shares of Manhattan Associates by 7.0% in the fourth quarter. Metis Global Partners LLC now owns 837 shares of the software maker’s stock valued at $226,000 after buying an additional 55 shares in the last quarter. BOKF NA raised its position in shares of Manhattan Associates by 0.4% during the fourth quarter. BOKF NA now owns 13,271 shares of the software maker’s stock worth $3,522,000 after purchasing an additional 55 shares during the period. Kestra Investment Management LLC lifted its holdings in shares of Manhattan Associates by 2.9% during the fourth quarter. Kestra Investment Management LLC now owns 2,055 shares of the software maker’s stock valued at $555,000 after purchasing an additional 57 shares during the last quarter. McGlone Suttner Wealth Management Inc. boosted its position in shares of Manhattan Associates by 8.3% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 813 shares of the software maker’s stock valued at $220,000 after purchasing an additional 62 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. increased its stake in Manhattan Associates by 2.6% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,510 shares of the software maker’s stock worth $678,000 after purchasing an additional 63 shares in the last quarter. 98.45% of the stock is owned by institutional investors and hedge funds.

Manhattan Associates Company Profile

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.