4,611 Shares in Manhattan Associates, Inc. $MANH Purchased by Bull Harbor Capital LLC

Bull Harbor Capital LLC purchased a new stake in shares of Manhattan Associates, Inc. (NASDAQ:MANH) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,611 shares of the software maker’s stock, valued at approximately $614,000.

Several other institutional investors also recently modified their holdings of MANH. Caitong International Asset Management Co. Ltd boosted its holdings in shares of 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 acquiring an additional 112 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Manhattan Associates during the 4th quarter valued at $27,000. BNP Paribas purchased a new stake in Manhattan Associates in the fourth quarter worth about $39,000. TD Private Client Wealth LLC increased its holdings in Manhattan Associates by 83.8% in the 4th quarter. TD Private Client Wealth LLC now owns 239 shares of the software maker’s stock worth $41,000 after acquiring an additional 109 shares in the last quarter. Finally, Leonteq Securities AG purchased a new stake in shares of Manhattan Associates in the fourth quarter worth $44,000. 98.45% of the stock is owned by hedge funds and other institutional investors.

More Manhattan Associates News

Here are the key news stories impacting Manhattan Associates this week:

• Positive Sentiment: Strong Q2 results: Manhattan Associates reported adjusted earnings of $1.39 per share versus the $1.32 consensus estimate, while revenue reached $297.8 million, ahead of the $289.0 million forecast and up 9.3% year over year. Cloud revenue grew 26%, supporting higher sales, profitability and remaining performance obligations. MANH Q2 Earnings Beat Estimates, Cloud Growth Fuels Revenues
• Positive Sentiment: Raised 2026 guidance: The company now expects full-year earnings of $5.44-$5.50 per share, above the $5.02 analyst consensus. Revenue guidance is approximately $1.2 billion, and management cited continued cloud adoption and AI momentum. Why Manhattan Associates Is Up After Raising 2026 Guidance
• Positive Sentiment: Product and analyst support: New Active Editions offerings, agent-based capabilities and the Sightline launch are viewed as potential longer-term growth drivers. Baird raised its price target to $218 and maintained an Outperform rating, while William Blair reiterated a Buy rating. Analyst Sees Durable Growth for Manhattan Associates
• Neutral Sentiment: Growth versus valuation: Analysts see durable cloud and AI expansion, but commentary emphasizes that investors may need patience for these initiatives to generate additional upside. Manhattan Associates: Editions, Agents, And The Case For Patience
• Negative Sentiment: Premium valuation and profit-taking: After the earnings-driven rally, investors are questioning whether the next phase of growth is already priced in. The stock’s high earnings multiple leaves less room for execution missteps or slower cloud adoption, encouraging consolidation despite the stronger outlook. Manhattan Associates: The Next Chapter Is Already Priced In

Manhattan Associates Price Performance

NASDAQ MANH opened at $190.97 on Friday. The stock has a market capitalization of $11.30 billion, a PE ratio of 54.72 and a beta of 0.97. The business has a 50 day simple moving average of $149.42 and a two-hundred day simple moving average of $145.16. Manhattan Associates, Inc. has a 1-year low of $119.06 and a 1-year high of $227.43.

Manhattan Associates (NASDAQ:MANH) last released its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The business had revenue of $297.79 million for the quarter, compared to the consensus estimate of $289.03 million. Manhattan Associates had a return on equity of 86.72% and a net margin of 18.67%.The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.31 EPS. On average, analysts anticipate that Manhattan Associates, Inc. will post 3.77 EPS for the current fiscal year.

Insider Buying and Selling

In other Manhattan Associates news, CEO Eric Andrew Clark sold 1,000 shares of Manhattan Associates stock in a transaction 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 transaction, the chief executive officer directly owned 92,638 shares of the company’s stock, valued at $13,596,479.26. This trade represents a 1.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.84% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on MANH. Citigroup boosted their price objective on Manhattan Associates from $177.00 to $193.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Stifel Nicolaus upped their price target on Manhattan Associates from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday. Robert W. Baird increased their price objective on shares of Manhattan Associates from $186.00 to $218.00 and gave the company an “outperform” rating in a report on Wednesday. Weiss Ratings upgraded shares of Manhattan Associates from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Finally, DA Davidson boosted their target price on shares of Manhattan Associates from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $209.20.

Manhattan Associates Profile

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.