<div id="readability-page-1"><p>Freestone Grove Partners LP bought a new position in shares of  Manhattan Associates, Inc. (NASDAQ:MANH - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor  bought 2,211 shares of the software maker's stock, valued at approximately $598,000.</p><div><p><span></span><span>Get <strong>Manhattan Associates</strong> alerts:</span></p></div><ul><li>3 Low P/E Stock ETFs for Hungry Value Investors</li></ul><p>Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in  Manhattan Associates in the third quarter valued at $502,000.  JPMorgan Chase &amp; Co. boosted its stake in shares of  Manhattan Associates by 213.7% in the 3rd quarter. JPMorgan Chase &amp; Co. now owns 1,009,913 shares of the software maker's stock valued at $284,169,000 after buying an additional 687,933 shares during the period.  GAMMA Investing LLC grew its position in shares of  Manhattan Associates by 40.1% during the fourth quarter. GAMMA Investing LLC now owns 1,662 shares of the software maker's stock worth $449,000 after buying an additional 476 shares in the last quarter.  Everence Capital Management Inc. purchased a new stake in shares of  Manhattan Associates during the fourth quarter worth approximately $484,000.  Finally, PFW Advisors LLC acquired a new stake in  Manhattan Associates in the fourth quarter valued at approximately $467,000. Hedge funds and other institutional investors own  98.45% of the company's stock. </p><h2>Manhattan Associates Stock Up 2.7 %</h2><p>Shares of NASDAQ MANH opened at $183.41 on Friday. The business has a 50-day moving average price of $168.86 and a 200 day moving average price of $230.08. The stock has a market cap of $11.14 billion, a PE ratio of 52.25 and a beta of 1.36. Manhattan Associates, Inc. has a 52-week low of $140.81 and a 52-week high of $312.60. </p><h2>Insider Activity</h2><p>In related news, CFO Dennis B. Story sold 2,788 shares of the company's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $170.83, for a total value of $476,274.04. Following the completion of the sale, the chief financial officer now owns 101,263 shares in the company, valued at $17,298,758.29. This represents a 2.68 % decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Corporate insiders own  0.88% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>MANH has been the subject of several analyst reports. Citigroup lowered their price target on shares of Manhattan Associates from $244.00 to $184.00 and set a &#34;neutral&#34; rating for the company in a report on Friday, March 14th. Piper Sandler dropped their target price on Manhattan Associates from $268.00 to $200.00 and set an &#34;overweight&#34; rating on the stock in a report on Friday, March 14th. DA Davidson lifted their price target on Manhattan Associates from $195.00 to $200.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, April 23rd. Robert W. Baird dropped their price objective on Manhattan Associates from $282.00 to $225.00 and set an &#34;outperform&#34; rating on the stock in a report on Tuesday, March 18th. Finally, Raymond James cut their target price on Manhattan Associates from $305.00 to $270.00 and set an &#34;outperform&#34; rating on the stock in a research report on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and seven have issued  a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $212.38.</p><p><b>Read Our Latest Analysis on MANH</b></p><h2>Manhattan Associates Company Profile</h2> (Free Report)<p>Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Manhattan Associates</li><li>How to Use Stock Screeners to Find Stocks</li><li>Magnificent 7 Stocks Send a Dire Warning to Markets</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>Why Spotify Stock Still Has Room to Run in 2025</li><li>What is a support level?</li><li>Buy the Dip: Top Tech Stocks Analysts Say Are Undervalued</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUFOSA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUFOSA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Manhattan Associates Right Now?</h2><p>Before you consider Manhattan Associates, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Manhattan Associates wasn't on the list.</p><p>While Manhattan Associates currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MANH

<p>Freestone Grove Partners LP has acquired a new position in Manhattan Associates, Inc. (NASDAQ:MANH), purchasing 2,211 shares valued at approximately $598,000. Other institutional investors have also increased their stakes in the company. Manhattan Associates' stock has risen by 2.7%, with a current price of $183.41. Analysts have adjusted their price targets, with a consensus rating of "Moderate Buy" and a target price of $212.38. The company specializes in software solutions for supply chain and inventory management.</p>

Freestone Grove Partners LP Acquires New Position in Manhattan Associates, Inc. (NASDAQ:MANH)