Manhattan Associates, Inc.’s recently made public that its Officer JAMES S GANTT acquired Company’s shares for reported $1.54 million on Jul 30 ’24. In the deal valued at $256.50 per share,6,000 shares were bought.
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Then, Gantt James Stewart sold 6,000 shares, generating $1,539,011 in total proceeds. Upon selling the shares at $256.50, the EVP, Professional Services now owns 46,287 shares.
Before that, Richards Bruce sold 4,000 shares. Manhattan Associates, Inc. shares valued at $1,022,682 were divested by the SVP, CLO & Secretary at a price of $255.67 per share. As a result of the transaction, Richards Bruce now holds 30,236 shares, worth roughly $7.59 million.
DA Davidson upgraded its Manhattan Associates, Inc. [MANH] rating to a Buy from a a Neutral in a research note published on April 25, 2024; the price target was increased to $240 from $220. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in mid March with a ‘”a Neutral”‘ rating. Rosenblatt also remained covering MANH and has decreased its forecast on April 11, 2023 with a “Neutral” recommendation from previously “Buy” rating. DA Davidson started covering the stock on February 22, 2023. It rated MANH as “a Neutral”.
Price Performance Review of MANH
On Tuesday, Manhattan Associates, Inc. [NASDAQ:MANH] saw its stock jump 1.56% to $250.93. Over the last five days, the stock has gained 4.08%. Manhattan Associates, Inc. shares have risen nearly 16.54% since the year began. Nevertheless, the stocks have risen 31.07% over the past one year. While a 52-week high of $266.94 was reached on 03/08/24, a 52-week low of $182.97 was recorded on 01/05/24. SMA at 50 days reached $238.27, while 200 days put it at $230.33.
Levels Of Support And Resistance For MANH Stock
The 24-hour chart illustrates a support level at 248.24, which if violated will result in even more drops to 245.55. On the upside, there is a resistance level at 252.75. A further resistance level may holdings at 254.57. The Relative Strength Index (RSI) on the 14-day chart is 57.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.54%. Stochastics%K at 57.20% indicates the stock is a holding.
How much short interest is there in Manhattan Associates, Inc.?
A steep rise in short interest was recorded in Manhattan Associates, Inc. stocks on
