On November 6, 2024, Edmond Eger, Director at Manhattan Associates Inc (MANH, Financial), executed a sale of 2,675 shares of the company. The transaction was documented in an SEC Filing. Following this transaction, the insider now directly owns 10,864 shares in the company.
Manhattan Associates Inc specializes in software solutions that streamline supply chain and omnichannel commerce operations. The company's offerings include platforms for inventory, order management, and store fulfillment, catering to a global clientele seeking to optimize their supply chain and retail operations.
The shares were sold at a price of $282.06 each, valuing the transaction at approximately $754,510.10. This sale contributes to a pattern observed over the past year, where the insider has sold a total of 2,675 shares and made no purchases.
The broader insider transaction trend at Manhattan Associates Inc shows a total of 12 insider sales and no insider buys over the past year, indicating a possible consensus among insiders about the stock's valuation.
As of the latest sale, Manhattan Associates Inc has a market cap of approximately $17.31 billion. The stock's price-earnings ratio stands at 80.53, significantly above both the industry median of 26.69 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Manhattan Associates Inc is $235.65 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.2.
This valuation assessment is supported by historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with adjustments based on past performance and future business expectations provided by Morningstar analysts.
The recent insider selling activity and valuation metrics provide critical data points for investors monitoring Manhattan Associates Inc's stock performance and market position.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
