In a report released today, Matthew Pfau from William Blair maintained a Hold rating on Manhattan Associates (MANH – Research Report). The company’s shares closed yesterday at $189.58.
Pfau covers the Technology sector, focusing on stocks such as American Software, Intuit, and Wix. According to TipRanks, Pfau has an average return of -3.4% and a 36.48% success rate on recommended stocks.
Manhattan Associates has an analyst consensus of Moderate Buy, with a price target consensus of $210.67.
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The company has a one-year high of $211.81 and a one-year low of $107.18. Currently, Manhattan Associates has an average volume of 446.4K.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MANH in relation to earlier this year.
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Manhattan Associates (MANH) Company Description:
Manhattan Associates, Inc. engages in designing, building and delivering supply chain commerce solutions by converging front-end sales with back-end supply chain. It operates through the following geographical segment: The Americas; Europe, Middle East, and Africa; and Asia Pacific. The company was founded by Deepak Raghavan in October 1990 and is headquartered in Atlanta, GA.
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