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 $14.57 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 Tuesday, Manhattan Associates, Inc [NASDAQ:MANH] saw its stock fall -1.71% to $143.90. Over the last five days, the stock has lost -17.66%. Manhattan Associates, Inc shares have fallen nearly -46.75% since the year began. Nevertheless, the stocks have fallen -40.91% over the past one year. While a 52-week high of $312.60 was reached on 01/28/25, a 52-week low of $140.81 was recorded on 04/07/25. SMA at 50 days reached $180.98, while 200 days put it at $247.16.
Levels Of Support And Resistance For MANH Stock
The 24-hour chart illustrates a support level at 139.72, which if violated will result in even more drops to 135.54. On the upside, there is a resistance level at 150.24. A further resistance level may holdings at 156.58. The Relative Strength Index (RSI) on the 14-day chart is 25.61, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -20.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.11%. Stochastics %K at 9.47% indicates the stock is a buying.
How much short interest is there in Manhattan Associates, Inc?
A steep rise in short interest was recorded in Manhattan Associates, Inc stocks on 2025-03-14, growing by 0.41 million shares to a total of 1.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.15 million shares. There was a rise of 26.57%, which implies that there is a positive sentiment for the stock.
