Equitable Trust Co. Takes $539,000 Position in Manhattan Associates, Inc. $MANH

Posted by George Bondi on Jul 12th, 2026

Equitable Trust Co. acquired a new position in Manhattan Associates, Inc. (NASDAQ:MANH – Free Report) in the 1st quarter, Holdings Channel.com reports. The firm acquired 4,050 shares of the software maker’s stock, valued at approximately $539,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Elevated Capital Advisors LLC purchased a new stake in shares of Manhattan Associates in the first quarter valued at about $88,000. Sumitomo Mitsui Trust Group Inc. lifted its position in Manhattan Associates by 2.0% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 673,608 shares of the software maker’s stock worth $89,671,000 after buying an additional 13,128 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of Manhattan Associates by 1.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 12,202 shares of the software maker’s stock valued at $1,624,000 after acquiring an additional 158 shares during the last quarter. Jackson Thornton Wealth Management LLC purchased a new position in Manhattan Associates during the first quarter worth approximately $265,000. Finally, Swedbank AB lifted its stake in shares of Manhattan Associates by 25.0% in the 1st quarter. Swedbank AB now owns 1,500,000 shares of the software maker’s stock valued at $199,680,000 after purchasing an additional 300,000 shares in the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.

Insider Activity at Manhattan Associates

In other Manhattan Associates news, EVP James Stewart Gantt sold 7,300 shares of the business’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $139.25, for a total transaction of $1,016,525.00. Following the completion of the transaction, the executive vice president owned 60,815 shares of the company’s stock, valued at $8,468,488.75. The trade was a 10.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Eric Andrew Clark sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.84% of the company’s stock.

Manhattan Associates Trading Down 1.1%

Shares of NASDAQ MANH traded down $1.73 during midday trading on Friday, reaching $154.90. The company’s stock had a trading volume of 483,897 shares, compared to its average volume of 630,416. Manhattan Associates, Inc. has a one year low of $119.06 and a one year high of $247.22. The company has a market cap of $9.17 billion, a price-to-earnings ratio of 43.39 and a beta of 0.97. The company has a 50 day moving average price of $141.63 and a 200 day moving average price of $146.27.

Manhattan Associates (NASDAQ:MANH – Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, beating the consensus estimate of $1.10 by $0.14. Manhattan Associates had a net margin of 19.68% and a return on equity of 78.13%. The business had revenue of $282.21 million during the quarter, compared to the consensus estimate of $273.70 million. During the same quarter in the prior year, the firm earned $1.19 EPS. The firm’s quarterly 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. Research analysts anticipate that Manhattan Associates, Inc. will post 3.72 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on MANH shares. Stifel Nicolaus set a $200.00 target price on Manhattan Associates in a report on Wednesday, May 20th. DA Davidson reissued a “buy” rating and set a $200.00 price target on shares of Manhattan Associates in a research report on Wednesday, May 20th. Barclays dropped their price objective on shares of Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Weiss Ratings cut Manhattan Associates from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. Finally, Rothschild & Co Redburn set a $145.00 price objective on Manhattan Associates in a research report on Thursday, April 16th. Eight analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Manhattan Associates presently has an average rating of “Moderate Buy” and a consensus price target of $199.45.

Read Our Latest Research Report on MANH

About Manhattan Associates

(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.