First National Advisers LLC Cuts Position in Manhattan Associates, Inc. $MANH

Market Beat
2026.05.13 07:56
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First National Advisers LLC reduced its stake in Manhattan Associates, Inc. by 87.9% in Q4, holding 2,198 shares valued at $381,000. Other hedge funds have increased their positions, with MIRAE ASSET GLOBAL ETFS HOLDINGS raising its stake by 72.1%. Analysts have mixed ratings on the stock, with an average target price of $202.91. Manhattan Associates reported Q1 earnings of $1.24 per share, exceeding estimates, and announced a $500 million stock repurchase plan, indicating confidence in its valuation.