Manhattan Associates (MANH) is up 3.3% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be continued momentum from Manhattan Associates’ late-July second-quarter report, which showed record results, strong cloud growth, and upbeat full-year guidance. There does not appear to be a major new company-specific announcement on August 20, 2026, so today’s gain may reflect investors continuing to reprice the shares after earnings and favorable analyst target increases.
Details:
Second-quarter revenue rose to $297.8 million, while cloud revenue increased 26% from a year earlier and remaining performance obligations grew 23%.The company said it delivered its third straight record bookings quarter and pointed to strong demand plus expanding market share in supply chain commerce software.Full-year 2026 guidance called for revenue of $1.160 billion to $1.166 billion and adjusted EPS of $5.44 to $5.50, reinforcing expectations for continued growth.Management also disclosed a roughly 6% global headcount reduction in June and said the move was intended to improve efficiency and focus spending on strategic priorities; several firms later raised their price targets following the earnings release.
Sources:
Manhattan Associates Investor Relations, SEC, Yahoo Finance
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$MANH Insider Trading Activity
$MANH insiders have traded $MANH stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $MANH stock by insiders over the last 6 months:
JAMES STEWART GANTT (EVP, Professional Services) has made 0 purchases and 2 sales selling 12,439 shares for an estimated $2,021,355.ERIC ANDREW CLARK (President & CEO) has made 0 purchases and 2 sales selling 4,000 shares for an estimated $740,050.LINDA T. HOLLEMBAEK sold 1,579 shares for an estimated $299,820
To track insider transactions, check out Quiver Quantitative’s insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$MANH Hedge Fund Activity
We have seen 244 institutional investors add shares of $MANH stock to their portfolio, and 372 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,677,333 shares (+97.9%) to their portfolio in Q2 2026, for an estimated $233,568,620ALLIANCEBERNSTEIN L.P. removed 817,133 shares (-26.2%) from their portfolio in Q2 2026, for an estimated $113,785,770MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 784,835 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $104,477,235SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 458,825 shares (+inf%) to their portfolio in Q2 2026, for an estimated $63,891,381JPMORGAN CHASE & CO added 454,668 shares (+inf%) to their portfolio in Q2 2026, for an estimated $63,312,519ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 416,291 shares (+76.2%) to their portfolio in Q2 2026, for an estimated $57,968,521ROYAL BANK OF CANADA removed 356,378 shares (-63.2%) from their portfolio in Q2 2026, for an estimated $49,625,636
To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MANH Government Contracts
We have seen $29,216,242 of award payments to $MANH over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative’s government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$MANH Price Targets
Multiple analysts have issued price targets for $MANH recently. We have seen 5 analysts offer price targets for $MANH in the last 6 months, with a median target of $200.0.
Here are some recent targets:
Guy Hardwick from Barclays set a target price of $201.0 on 05/29/2026 Clark Wright from DA Davidson set a target price of $200.0 on 05/20/2026 Joe Vruwink from Baird set a target price of $186.0 on 04/22/2026 Parker Lane from Stifel set a target price of $200.0 on 04/22/2026 George Kurosawa from Citigroup set a target price of $177.0 on 04/22/2026
This article is not financial advice. See Quiver Quantitative’s disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.