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 $223.78.
According to TipRanks, Pfau is a 4-star analyst with an average return of 4.0% and a 52.25% success rate. Pfau covers the Technology sector, focusing on stocks such as Vertex, GoDaddy, and Shopify.
Currently, the analyst consensus on Manhattan Associates is a Moderate Buy with an average price target of $242.50.
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MANH market cap is currently $13.91B and has a P/E ratio of 84.55.
Based on the recent corporate insider activity of 45 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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