Krilogy Financial LLC Cuts Stock Position in Manhattan Associates, Inc. $MANH

Posted by Francis Steltz on Jun 29th, 2026

Krilogy Financial LLC lessened its stake in shares of Manhattan Associates, Inc. (NASDAQ:MANH – Free Report) by 63.7% during the first quarter, HoldingsChannel reports. The firm owned 2,853 shares of the software maker’s stock after selling 5,014 shares during the period. Krilogy Financial LLC’s holdings in Manhattan Associates were worth $371,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Manhattan Associates by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 6,957,028 shares of the software maker’s stock worth $1,205,723,000 after buying an additional 136,708 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Manhattan Associates by 22.7% during the 3rd quarter. Alliancebernstein L.P. now owns 2,801,901 shares of the software maker’s stock worth $574,334,000 after buying an additional 518,321 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted 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 worth $447,182,000 after purchasing an additional 671,589 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Manhattan Associates by 6.9% in the 4th quarter. AQR Capital Management LLC now owns 2,219,539 shares of the software maker’s stock valued at $384,668,000 after buying an additional 142,407 shares during the period. Finally, Morgan Stanley boosted its position in Manhattan Associates by 2.5% during the 4th quarter. Morgan Stanley now owns 2,178,422 shares of the software maker’s stock valued at $377,543,000 after purchasing an additional 53,037 shares during the period. Hedge funds and other institutional investors own 98.45% of the company’s stock.

Manhattan Associates Stock Performance

MANH opened at $137.85 on Monday. The company has a fifty day moving average price of $139.09 and a two-hundred day moving average price of $147.77. The firm has a market capitalization of $8.16 billion, a PE ratio of 38.61 and a beta of 0.97. Manhattan Associates, Inc. has a 52 week low of $119.06 and a 52 week high of $247.22.

Manhattan Associates (NASDAQ:MANH – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The software maker reported $1.24 earnings per share (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 $282.21 million for the quarter, compared to analyst estimates of $273.70 million. During the same period last year, the company earned $1.19 EPS. The firm’s revenue was up 7.4% on a year-over-year basis. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. Equities analysts forecast that Manhattan Associates, Inc. will post 3.68 EPS for the current year.

Manhattan Associates declared that its board has authorized a stock buyback plan on Thursday, March 5th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the software maker to reacquire up to 5.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, EVP James Stewart Gantt sold 7,300 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $139.25, for a total value of $1,016,525.00. Following the completion of the sale, the executive vice president owned 60,815 shares in the company, valued at $8,468,488.75. This represents a 10.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Eric Andrew Clark sold 1,000 shares of the firm’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 sale, the chief executive officer directly owned 92,638 shares in the company, valued at $13,596,479.26. The trade was a 1.07% decrease in their position. The SEC filing for this sale provides additional information. 0.84% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on MANH shares. Wall Street Zen raised shares of Manhattan Associates from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. William Blair reiterated an “outperform” rating on shares of Manhattan Associates in a report on Thursday, March 5th. Barclays lowered their price target on Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Weiss Ratings cut shares of Manhattan Associates from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 27th. Finally, Stifel Nicolaus set a $200.00 target price on shares of Manhattan Associates in a research report on Wednesday, May 20th. Eight research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Manhattan Associates currently has an average rating of “Moderate Buy” and an average target price of $199.45.

Read Our Latest Stock Report on Manhattan Associates

Manhattan Associates Company Profile

(Free Report)

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.