Manhattan Associates (MANH)

• Market cap: $11.5B
• 1 day: -1.85%
• 5 days: -1.91%
• 1 month: -3.19%
• 3 months: 15.79%
• 6 months: -36.51%
• Year to date: -29.58%
• 1 year: -17.38%
• 5 years: 118.98%
• 10 years: 226.06%
• 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: 4,530

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

10% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 206

4.99% less ownership

Funds ownership: 100.85% [Q4 2024] → 95.86% (-4.99%) [Q1 2025]

10% less funds holding

Funds holding: 658 [Q4 2024] → 590 (-68) [Q1 2025]

35% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 139

39% less capital invested

Capital invested by funds: $16.6B [Q4 2024] → $10.1B (-$6.51B) [Q1 2025]

44% less call options, than puts

Call options by funds: $18.3M | Put options by funds: $32.7M

75% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 1 (-3) [Q1 2025]

Research analyst outlook

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

• Low target: $170 10% downside
• Avg. target: $203 7% upside
• High target: $225 19% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

Redburn Atlantic Lachlan Brown	6% upside $200	Neutral Downgraded	10 Jun 2025
Truist Securities Terry Tillman	11% upside $210	Buy Maintained	22 May 2025
DA Davidson Gil Luria	19% upside $225	Buy Maintained	21 May 2025
Baird Joe Vruwink	12% upside $212	Outperform Maintained	21 May 2025
Loop Capital Mark Schappel	10% downside $170	Hold Downgraded	10 Apr 2025