Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Manhattan Associates, Inc shares valued at $476,265 were sold by STORY DENNIS B on Mar 06 ’25. At $170.83 per share, STORY DENNIS B sold 2,788 shares. The insider’s holdings dropped to 101,263 shares worth approximately $16.31 million following the completion of this transaction.
Also, STORY DENNIS B purchased 2,788 shares, netting a total of over 476,264 in proceeds.
Before that, Gantt James Stewart had added 3,475 shares to its account. In a trade valued at $1,001,138, the Officer bought Manhattan Associates, Inc shares for $288.10 each.
As published in a research note from Loop Capital on April 10, 2025, Manhattan Associates, Inc [MANH] has been rated down from a Buy to a Hold and the price target has been revised to $170. Analysts at William Blair upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid February. As of November 25, 2024, Piper Sandler has initiated its “an Overweight” rating for MANH. Earlier on April 25, 2024, DA Davidson upgraded its rating. Their new recommendation was “a Buy” for MANH stock which previously was a “a Neutral”.
Analyzing MANH Stock Performance
During the last five days, there has been a drop of approximately -3.11%. Over the course of the year, Manhattan Associates, Inc shares have dropped approximately -40.39%. Shares of the company reached a 52-week high of $299.27 on 01/28/25 and a 52-week low of $140.81 on 04/07/25. A 50-day SMA is recorded $173.64, while a 200-day SMA reached $244.70.
Support And Resistance Levels for Manhattan Associates, Inc (MANH)
According to the 24-hour chart, there is a support level at 158.62, which, if violated, would cause prices to drop to 156.15. In the upper region, resistance lies at 164.03. The next price resistance is at 166.97. RSI (Relative Strength Index) is 44.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.19, which suggests the price will decrease in the coming days. Percent R is at 47.08%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
