Manhattan Associates Inc. has disclosed that Gantt James Stewart, Executive Vice President of Professional Services, has sold 2,300 shares at $220.33 per share on July 25, 2025.
Manhattan Associates Inc. (NASDAQ:MANH) has disclosed that James Stewart Gantt, Executive Vice President of Professional Services, sold 2,300 shares of common stock on July 25, 2025. The transaction, filed with the Securities and Exchange Commission (SEC) on July 29, 2025, saw Gantt sell the shares at a price of $220.33 per share, totaling $506,759. This sale comes amidst the stock's strong momentum, with a 9.2% gain over the past week and currently trading at $225.41 [1].
Following the transaction, Gantt directly owns 48,660 shares of Manhattan Associates. The sale was disclosed in a Form 4 filing signed by David M. Eaton, Attorney-in-Fact. Manhattan Associates maintains a market capitalization of $13.65 billion and has been recognized for its "GREAT" financial health score by InvestingPro [1].
In addition to Gantt's sale, Manhattan Associates reported strong financial results for the second quarter of 2025, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $1.31, compared to the projected $1.13. Revenue for the quarter reached $272 million, exceeding the anticipated $263.64 million. These results were driven by new logo wins and disciplined expense management. Following the earnings report, DA Davidson raised its price target for Manhattan Associates to $250 while maintaining a Buy rating [1].
Other institutional investors have also made significant changes to their positions in Manhattan Associates. Skandinaviska Enskilda Banken AB publ cut its holdings in shares of Manhattan Associates by 20.7% in the first quarter, while Equitable Trust Co., Advisor OS LLC, AE Wealth Management LLC, Wakefield Asset Management LLLP, and GW&K Investment Management LLC made substantial increases in their stakes [2].
Analysts have also shown varying levels of optimism regarding Manhattan Associates' stock. Loop Capital, Citigroup, Truist Financial, DA Davidson, and Redburn Atlantic have issued recent research reports, with price targets ranging from $170.00 to $250.00 and ratings from "hold" to "buy" [2].
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. Its products include Warehouse Management Solution, Manhattan Active Warehouse Management, Transportation Management Solution, Manhattan SCALE, and Manhattan Active Omni.
References:
[1] https://www.investing.com/news/insider-trading-news/manhattan-associates-evp-gantt-sells-506k-in-stock-93CH-4158340
[2] https://www.marketbeat.com/instant-alerts/filing-skandinaviska-enskilda-banken-ab-publ-has-6022-million-stock-position-in-manhattan-associates-inc-nasdaqmanh-2025-07-25/
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