Manhattan Associates, Inc’s recent filing unveils 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 $17.79 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 jump 1.83% to $175.65. Over the last five days, the stock has gained 6.04%. Manhattan Associates, Inc shares have fallen nearly -35.00% since the year began. Nevertheless, the stocks have fallen -30.21% over the past one year. While a 52-week high of $312.60 was reached on 01/28/25, a 52-week low of $163.10 was recorded on 03/13/25. SMA at 50 days reached $215.02, while 200 days put it at $251.57.
Levels Of Support And Resistance For MANH Stock
The 24-hour chart illustrates a support level at 172.28, which if violated will result in even more drops to 168.92. On the upside, there is a resistance level at 178.35. A further resistance level may holdings at 181.05. The Relative Strength Index (RSI) on the 14-day chart is 41.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.78%. Stochastics %K at 41.06% 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 2025-02-28, growing by 0.26 million shares to a total of 1.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.12 million shares. There was a rise of 18.92%, which implies that there is a positive sentiment for the stock.
