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

Manhattan Associates, Inc. (NASDAQ:MANH) 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 transaction of $146,770.00. Following the completion of the sale, the chief executive officer owned 92,638 shares in the company, valued at $13,596,479.26. This represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Manhattan Associates Price Performance

NASDAQ MANH opened at $140.29 on Friday. The firm has a market capitalization of $8.30 billion, a price-to-earnings ratio of 39.30 and a beta of 0.97. The company’s fifty day moving average is $138.23 and its two-hundred day moving average is $151.05. Manhattan Associates, Inc. has a 52-week low of $119.06 and a 52-week high of $247.22.

Manhattan Associates (NASDAQ:MANH) 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 net margin of 19.68% and a return on equity of 78.13%. The company had revenue of $282.22 million for the quarter, compared to analyst estimates of $273.71 million. During the same period last year, the business posted $1.19 EPS. The business’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. As a group, sell-side analysts expect that Manhattan Associates, Inc. will post 3.68 earnings per share for the current fiscal year.

Manhattan Associates announced that its Board of Directors has authorized a stock repurchase 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 repurchase up to 5.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Manhattan Associates

Institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its holdings in Manhattan Associates by 448.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 137 shares of the software maker’s stock valued at $28,000 after purchasing an additional 112 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in Manhattan Associates during the 4th quarter valued at about $27,000. BNP Paribas bought a new position in Manhattan Associates during the 4th quarter valued at about $39,000. TD Private Client Wealth LLC lifted its holdings in Manhattan Associates by 83.8% during the 4th quarter. TD Private Client Wealth LLC now owns 239 shares of the software maker’s stock valued at $41,000 after purchasing an additional 109 shares during the last quarter. Finally, Leonteq Securities AG bought a new position in Manhattan Associates during the 4th quarter valued at about $44,000. 98.45% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on MANH shares. Stifel Nicolaus set a $200.00 target price on shares of Manhattan Associates in a research report on Wednesday, May 20th. Wall Street Zen lowered shares of Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Barclays decreased their target price on shares of Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. William Blair reiterated an “outperform” rating on shares of Manhattan Associates in a research report on Thursday, March 5th. Finally, Citigroup decreased their target price on shares of Manhattan Associates from $208.00 to $177.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Eight 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $199.45.

More Manhattan Associates News

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 above the $5.04 consensus, signaling management expects stronger profitability ahead.
• Positive Sentiment: The company continues to emphasize its cloud-first and AI strategy, including ActivePlatform and agent pilots, which supports the long-term growth narrative if monetization improves.
• Positive Sentiment: Manhattan Associates announced its 2026 Spotlight on Innovation Awards, highlighting customer engagement and reinforcing its brand in supply chain commerce. Article Title
• Neutral Sentiment: Recent bullish write-ups from Insider Monkey and Yahoo Finance may help sentiment, but they mainly restate the investment case rather than introduce a new catalyst.
• Negative Sentiment: CEO Eric Andrew Clark sold 1,000 shares, which can weigh on sentiment even though the sale was relatively small compared with his remaining holdings.
• Negative Sentiment: Zacks commentary flagged risks around services utilization, mix pressure, restructuring, competition, and macro uncertainty, suggesting execution concerns may limit near-term upside.
• Negative Sentiment: Ongoing investor-rights scrutiny from Rosen Law Firm adds another overhang, even though it is only an investigation at this stage.

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.