On November 26, 2024, James Gantt, Executive Vice President, Professional Services at Manhattan Associates Inc, sold 3,475 shares of the company. Following this transaction, the insider now owns 42,812 shares of the company.
Manhattan Associates Inc (MANH, Financial) is a technology company that provides supply chain and omnichannel commerce solutions. The company offers software solutions that help businesses manage their supply chains, inventory, and order fulfillment processes.
Over the past year, James Gantt has sold a total of 14,155 shares and has not purchased any shares. The insider transaction history for Manhattan Associates Inc indicates that there have been no insider buys in the past year, while there have been 12 insider sells.
On the day of the recent sale, shares of Manhattan Associates Inc were trading at $288.1 each, giving the stock a market cap of $17.433 billion. The company's price-earnings ratio is 81.09, which is higher than the industry median of 26.69 and also higher than the company’s historical median price-earnings ratio.
With a price of $288.1 and a GuruFocus Value of $236.78, Manhattan Associates Inc has a price-to-GF-Value ratio of 1.22, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future estimates of business performance from Morningstar analysts.
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.
