Wellington Management Group LLP Cuts Stock Position in Manhattan Associates, Inc. (NASDAQ:MANH)

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Wellington Management Group LLP trimmed its holdings in shares of Manhattan Associates, Inc. (NASDAQ:MANH – Free Report) by 89.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,316 shares of the software maker’s stock after selling 101,490 shares during the period. [...]

Wellington Management Group LLP trimmed its holdings in shares of Manhattan Associates, Inc. ( NASDAQ:MANH – Free Report ) by 89.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission.

The firm owned 12,316 shares of the software maker’s stock after selling 101,490 shares during the period. Wellington Management Group LLP’s holdings in Manhattan Associates were worth $3,328,000 as of its most recent filing with the Securities and Exchange Commission. Several other large investors have also recently added to or reduced their stakes in MANH.



Schroder Investment Management Group boosted its position in shares of Manhattan Associates by 20.0% in the fourth quarter. Schroder Investment Management Group now owns 88,541 shares of the software maker’s stock worth $24,007,000 after buying an additional 14,738 shares during the period.

Allstate Corp purchased a new position in Manhattan Associates in the 4th quarter worth approximately $455,000. DnB Asset Management AS grew its position in Manhattan Associates by 1.8% in the fourth quarter.

DnB Asset Management AS now owns 9,906 shares of the software maker’s stock valued at $2,677,000 after acquiring an additional 172 shares in the last quarter. denkapparat Operations GmbH purchased a new stake in shares of Manhattan Associates during the fourth quarter valued at approximately $315,000. Finally, Pictet Asset Management Holding SA lifted its position in shares of Manhattan Associates by 10.

8% during the fourth quarter. Pictet Asset Management Holding SA now owns 34,910 shares of the software maker’s stock worth $9,434,000 after purchasing an additional 3,392 shares in the last quarter. 98.

45% of the stock is currently owned by institutional investors and hedge funds. Manhattan Associates Stock Up 0.7 % MANH stock opened at $158.

67 on Friday. The stock has a market cap of $9.63 billion, a PE ratio of 45.

21 and a beta of 1.36. The firm’s 50-day simple moving average is $173.

89 and its 200 day simple moving average is $242.38. Manhattan Associates, Inc.

has a fifty-two week low of $140.81 and a fifty-two week high of $312.60.

Analyst Ratings Changes Read Our Latest Analysis on MANH Insider Buying and Selling at Manhattan Associates In other news, CFO Dennis B. Story sold 2,788 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $170.

83, for a total transaction of $476,274.04. Following the completion of the transaction, the chief financial officer now directly owns 101,263 shares in the company, valued at approximately $17,298,758.

29. The trade was a 2.68 % decrease in their ownership of the stock.

The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . 0.72% of the stock is owned by company insiders.

About Manhattan Associates ( Free Report ) 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. See Also Want to see what other hedge funds are holding MANH? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Manhattan Associates, Inc. ( NASDAQ:MANH – Free Report ). Receive News & Ratings for Manhattan Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manhattan Associates and related companies with MarketBeat.

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