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James Stewart Gantt, Executive Vice President at Manhattan Associates Inc (NASDAQ:MANH), sold 2,300 shares of common stock on July 25, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $220.33, for a total transaction value of $506,759. The sale comes as the stock, currently trading at $225.41, shows strong momentum with a 9.2% gain over the past week. According to InvestingPro analysis, the company’s stock is currently trading above its Fair Value with technical indicators suggesting overbought conditions.
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 (NYSE:ETN), Attorney-in-Fact, on July 29, 2025. Manhattan Associates, with a market capitalization of $13.65 billion, maintains a "GREAT" financial health score according to InvestingPro, which offers comprehensive insider trading analysis and 15+ additional ProTips for this stock in its detailed research reports.
In other recent news, Manhattan Associates reported strong financial results for the second quarter of 2025, surpassing analyst expectations. The company achieved an adjusted earnings per share 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. These developments reflect positive sentiment from analysts regarding the company’s performance. The increased price target underscores confidence in Manhattan Associates’ future outlook.
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