Manhattan Associates, Inc’s recently made public that its EVP, CFO & Treasurer STORY DENNIS B unloaded Company’s shares for reported $0.48 million on Mar 06 ’25. In the deal valued at $170.83 per share,2,788 shares were sold. As a result of this transaction, STORY DENNIS B now holds 101,263 shares worth roughly $16.77 million.
Then, STORY DENNIS B bought 2,788 shares, generating $476,264 in total proceeds.
Before that, Gantt James Stewart bought 3,475 shares. Manhattan Associates, Inc shares valued at $1,001,138 were divested by the Officer at a price of $288.10 per share.
William Blair upgraded its Manhattan Associates, Inc [MANH] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late November with a ‘”an Overweight”‘ rating. DA Davidson also remained covering MANH and has increased its forecast on April 25, 2024 with a “Buy” recommendation from previously “Neutral” rating. Citigroup started covering the stock on March 13, 2024. It rated MANH as “a Neutral”.
Price Performance Review of MANH
On Monday, Manhattan Associates, Inc [NASDAQ:MANH] saw its stock fall -2.98% to $165.64. Over the last five days, the stock has lost -4.30%. Manhattan Associates, Inc shares have fallen nearly -38.71% since the year began. Nevertheless, the stocks have fallen -34.98% over the past one year. While a 52-week high of $312.60 was reached on 01/28/25, a 52-week low of $166.31 was recorded on 03/10/25. SMA at 50 days reached $225.67, while 200 days put it at $252.99.
Levels Of Support And Resistance For MANH Stock
The 24-hour chart illustrates a support level at 163.84, which if violated will result in even more drops to 162.05. On the upside, there is a resistance level at 168.07. A further resistance level may holdings at 170.51. The Relative Strength Index (RSI) on the 14-day chart is 25.77, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.96%. Stochastics %K at 9.15% indicates the stock is a buying.
