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 $16.07 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.
Loop Capital downgraded its Manhattan Associates, Inc [MANH] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who increased its forecast for the stock in mid February from “a Mkt perform” to “an Outperform”. Piper Sandler began covering MANH with “an Overweight” recommendation on November 25, 2024. DA Davidson revised its rating on April 25, 2024. It rated MANH as “a Buy” which previously was an “a Neutral”.
Price Performance Review of MANH
On Friday, Manhattan Associates, Inc [NASDAQ:MANH] saw its stock jump 0.65% to $158.67. Over the last five days, the stock has gained 4.35%. Manhattan Associates, Inc shares have fallen nearly -41.29% since the year began. Nevertheless, the stocks have fallen -33.42% 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 $175.99, while 200 days put it at $245.96.
Levels Of Support And Resistance For MANH Stock
The 24-hour chart illustrates a support level at 154.27, which if violated will result in even more drops to 149.87. On the upside, there is a resistance level at 161.33. A further resistance level may holdings at 163.99. The Relative Strength Index (RSI) on the 14-day chart is 42.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.38%. Stochastics %K at 51.20% 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 2025-03-31, growing by 0.75 million shares to a total of 2.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.38 million shares. There was a rise of 35.29%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 13, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $260 price target.
