Manhattan Associates, Inc. $MANH Shares Sold by Cetera Investment Advisers\n\nKey Points\n* Cetera Investment Advisers significantly reduced its stake in Manhattan Associates by 56.9%, owning 2,546 shares after selling 3,356 during the first quarter, valued at approximately $441,000.\n* Brokerages have adjusted their price targets for Manhattan Associates, with Raymond James increasing theirs from $195.00 to $250.00 and Robert W. Baird raising theirs from $212.00 to $230.00, indicating a generally positive outlook.\n* Manhattan Associates reported an earnings per share (EPS) of $1.31 for the latest quarter, exceeding analyst expectations of $1.12, while also showing a 20.91% net margin and a 2.7% year-over-year revenue growth.\n\nA number of other hedge funds and other institutional investors have also made changes to their positions in the stock.\n* Northern Trust Corp raised its holdings in shares of Manhattan Associates by 26.5% during the fourth quarter. Northern Trust Corp now owns 761,820 shares of the software maker's stock worth $205,874,000 after acquiring an additional 159,572 shares during the period.\n* Bank of New York Mellon Corp grew its position in shares of Manhattan Associates by 10.1% in the 1st quarter. Bank of New York Mellon Corp now owns 591,794 shares of the software maker's stock valued at $102,404,000 after acquiring an additional 54,273 shares during the period.\n* UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Manhattan Associates by 5.3% during the 4th quarter. UBS AM now owns 545,570 shares of the software maker's stock worth $147,435,000 after buying an additional 27,621 shares during the period.\n* Price T Rowe Associates Inc. MD raised its stake in Manhattan Associates by 16.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 513,293 shares of the software maker's stock worth $138,714,000 after purchasing an additional 73,546 shares in the last quarter.\n* Finally, Dimensional Fund Advisors LP raised its stake in Manhattan Associates by 3.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 493,208 shares of the software maker's stock worth $133,293,000 after purchasing an additional 15,201 shares in the last quarter.\n\n98.45% of the stock is currently owned by institutional investors and hedge funds.\n\nGet Manhattan Associates alerts: Sign Up\n\nWall Street Analysts Forecast Growth\nMANH has been the subject of a number of research analyst reports.\n* Redburn Atlantic cut shares of Manhattan Associates from a 'buy' rating to a 'neutral' rating and lowered their price objective for the stock from $270.00 to $200.00 in a research report on Tuesday, June 10th.\n* Truist Financial lifted their target price on shares of Manhattan Associates from $210.00 to $230.00 and gave the stock a 'buy' rating in a research note on Wednesday, July 23rd.\n* Morgan Stanley started coverage on shares of Manhattan Associates in a report on Monday, July 14th. They issued an 'underweight' rating and a $190.00 price objective for the company.\n* Citigroup reaffirmed a 'neutral' rating and issued a $200.00 target price (up from $177.00) on shares of Manhattan Associates in a research report on Wednesday, July 16th.\n* Finally, Raymond James Financial upped their target price on shares of Manhattan Associates from $195.00 to $250.00 and gave the company an 'outperform' rating in a research note on Wednesday, July 23rd.\n\nSix investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of 'Moderate Buy' and an average price target of $216.67.\n\nManhattan Associates Stock Performance traded down $1.30 on Tuesday, hitting $215.55. The company had a trading volume of 386,511 shares, compared to its average volume of 685,128. Manhattan Associates, Inc. has a 12-month low of $140.81 and a 12-month high of $312.60. The stock has a market capitalization of $13.03 billion, a price-to-earnings ratio of 60.21 and a beta of 1.10. The stock has a fifty day moving average price of $204.42 and a 200-day moving average price of $187.33.\n\nManhattan Associates ( - ) last announced its quarterly earnings results on Tuesday, July 22nd. The software maker reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.19. The company had revenue of $272.42 million during the quarter, compared to the consensus estimate of $263.62 million. Manhattan Associates had a return on equity of 82.91% and a net margin of 20.91%. Manhattan Associates's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.18 earnings per share. Manhattan Associates has set its FY 2025 guidance at 4.760-4.840 EPS. Analysts forecast that Manhattan Associates, Inc. will post 3.3 EPS for the current fiscal year.\n\nInsider Transactions at Manhattan Associates\nIn other news, Chairman sold 37,342 shares of the firm's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $222.18, for a total transaction of $8,296,645.56. Following the sale, the chairman owned 162,988 shares of the company's stock, valued at approximately $36,212,673.84. This trade represents a 18.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through . Also, EVP sold 2,300 shares of Manhattan Associates stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $220.33, for a total value of $506,759.00. Following the completion of the transaction, the executive vice president owned 48,660 shares in the company, valued at $10,721,257.80. This trade represents a 4.51% decrease in their ownership of the stock. The disclosure for this sale can be found . Over the last ninety days, insiders sold 41,666 shares of company stock valued at $9,251,781. 0.72% of the stock is currently owned by corporate insiders.\n\nManhattan Associates Profile\nManhattan 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.

Manhattan Associates, Inc. $MANH Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its stake in Manhattan Associates by 56.9%, selling 3,356 shares and now owning 2,546 shares valued at approximately $441,000. Other institutional investors such as Northern Trust, Bank of New York Mellon, UBS AM, Price T Rowe Associates Inc. MD, and Dimensional Fund Advisors LP increased their holdings in the company during the fourth and first quarters. Manhattan Associates reported an EPS of $1.31 for the latest quarter, exceeding analyst expectations of $1.12, with a 20.91% net margin and 2.7% year-over-year revenue growth. Analysts have adjusted price targets, with Raymond James raising it to $250.00 and Morgan Stanley issuing a 'underweight' rating and $190.00 target. The company's market capitalization is $13.03 billion, with a P/E ratio of 60.21 and a 12-month price range of $140.81 to $312.60. Insiders, including the Chairman and EVP, sold shares in July, reducing their ownership. The company develops software solutions for supply chain, inventory, and omni-channel operations.