Manhattan Associates (MANH)

• Market cap: $10.8B
• 1 day: 0.65%
• 5 days: 3.16%
• 1 month: 2.51%
• 3 months: -17.16%
• 6 months: -33.26%
• Year to date: -34.02%
• 1 year: -13.91%
• 5 years: 150.06%
• 10 years: 237.50%
• Sector: Technology
• Industry: Software - Application

About: Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers around the world.

Employees: 4,690

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

129% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 45

129% more call options, than puts

Call options by funds: $20.7M | Put options by funds: $9.05M

7% more funds holding

Funds holding: 610 [Q3] → 654 (+44) [Q4]

3.0% more ownership

Funds ownership: 97.7% [Q3] → 100.7% (+3.0%) [Q4]

1% less capital invested

Capital invested by funds: $16.9B [Q3] → $16.6B (-$230M) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 219 | Existing positions reduced: 242

33% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 4 (-2) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $170 4% downside
• Avg. target: $195 10% upside
• High target: $225 27% upside

6 analyst ratings

• positive: 4 67%
• neutral: 2 33%
• negative: 0 0%

Truist Securities Terry Tillman 42% 1-year accuracy 21 / 50 met price target	7% upside $190	Buy Maintained	23 Apr 2025
DA Davidson Gil Luria 49% 1-year accuracy 26 / 53 met price target	13% upside $200	Buy Maintained	23 Apr 2025
Loop Capital Mark Schappel 61% 1-year accuracy 20 / 33 met price target	4% downside $170	Hold Downgraded	10 Apr 2025
Baird Joe Vruwink 50% 1-year accuracy 22 / 44 met price target	27% upside $225	Outperform Maintained	18 Mar 2025
Citigroup George Kurosawa 0% 1-year accuracy 0 / 2 met price target	4% upside $184	Neutral Maintained	14 Mar 2025