PFA Pension Forsikringsaktieselskab Takes $4.78 Million Position in Manhattan Associates, Inc. $MANH

Key Points

• PFA Pension Forsikringsaktieselskab initiated a new position in Manhattan Associates in Q4, buying 27,323 shares valued at approximately $4.78 million.
• Manhattan Associates beat quarterly estimates on both EPS ($1.24 vs. $1.10) and revenue, raised FY2026 EPS guidance to 5.290–5.370, and its board authorized a $500 million share buyback (about 5.8% of shares).
• EVP James Stewart Gantt sold 7,300 shares for roughly $1.02 million, reducing his stake by 10.72%; institutional investors own about 98.45% of the stock while insiders own 0.84%.

PFA Pension Forsikringsaktieselskab bought a new position in shares of Manhattan Associates, Inc. (NASDAQ:MANH - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 27,323 shares of the software maker's stock, valued at approximately $4,775,000.

Other large investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its position 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. Eastern Bank bought a new stake in shares of Manhattan Associates in the 3rd quarter worth approximately $30,000. Eagle Bay Advisors LLC purchased a new position in shares of Manhattan Associates during the fourth quarter valued at approximately $27,000. V Square Quantitative Management LLC purchased a new position in shares of Manhattan Associates during the fourth quarter valued at approximately $44,000. Finally, Quarry LP bought a new position in shares of Manhattan Associates during the third quarter valued at approximately $62,000. 98.45% of the stock is owned by institutional investors.

Insider Transactions at Manhattan Associates

In other Manhattan Associates news, EVP James Stewart Gantt sold 7,300 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $139.25, for a total transaction of $1,016,525.00. Following the sale, the executive vice president directly owned 60,815 shares in the company, valued at approximately $8,468,488.75. This trade represents a 10.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.84% of the company's stock.

Manhattan Associates Price Performance

MANH opened at $140.77 on Tuesday. The firm has a market cap of $8.33 billion, a PE ratio of 39.43 and a beta of 0.95. The stock has a 50-day moving average price of $136.84 and a 200-day moving average price of $159.22. Manhattan Associates, Inc. has a 1 year low of $119.06 and a 1 year high of $247.22.

Manhattan Associates (NASDAQ:MANH - Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, beating the consensus estimate of $1.10 by $0.14. The company had revenue of $282.22 million for the quarter, compared to the consensus estimate of $273.71 million. Manhattan Associates had a net margin of 19.68% and a return on equity of 78.13%. Manhattan Associates's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.19 EPS. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. As a group, sell-side analysts anticipate that Manhattan Associates, Inc. will post 3.75 EPS for the current year.

Manhattan Associates declared that its Board of Directors has authorized a share buyback program on Thursday, March 5th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the software maker to reacquire up to 5.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of analysts recently commented on MANH shares. Barclays raised their price target on Manhattan Associates from $236.00 to $239.00 and gave the stock an "overweight" rating in a research note on Thursday, April 23rd. Robert W. Baird upped their price objective on shares of Manhattan Associates from $183.00 to $186.00 and gave the stock an "outperform" rating in a report on Wednesday, April 22nd. William Blair reaffirmed an "outperform" rating on shares of Manhattan Associates in a research report on Thursday, March 5th. Morgan Stanley cut their target price on shares of Manhattan Associates from $200.00 to $165.00 and set an "equal weight" rating on the stock in a research note on Monday, January 5th. Finally, Stifel Nicolaus reduced their price target on shares of Manhattan Associates from $225.00 to $200.00 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, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Manhattan Associates has a consensus rating of "Moderate Buy" and an average target price of $202.91.

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.

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