If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!Shares of Manhattan Associates, Inc. ( MANH ) have come under great pressure. While the company is a technology leader in supply chain and omnichannel ecommerce, investors treat it as the next sof ...

Group 1: Fund Performance - iMGP Small Company Fund returned 1.33% in Q4 2025, underperforming the Russell 2000 Index which returned 2.19% [1] - The Fund's overall returns were flat at 0.01% for 2025, compared to a 12.81% return for the Index [1] - The Fund's poor performance in Q4 was attributed to the impressive performance of biotech businesses, which increased by over 25% [1] Group 2: Manhattan Associates, Inc. Overview - Manhattan Associates, Inc. (NASDAQ:MANH) specializes in software solutions for supply chains, inventory, and omni-channel operations [2] - As of March 09, 2026, Manhattan Associates' stock closed at $150.16 per share, with a one-month return of 0.35% and a 52-week loss of 10.36% [2] - The company has a market capitalization of $9.048 billion [2] Group 3: Performance Insights on Manhattan Associates, Inc. - Manhattan Associates underperformed in Q4 due to weaker-than-expected bookings in Q3, which interrupted momentum [3] - Weakness in the retail sector and poor market sentiment in software also negatively impacted the stock [3] - The market is seeking consistency to regain confidence in the stock following last year's disappointment and CEO transition [3] - There is growing conviction in Manhattan Associates' competitive position and growth opportunities, particularly with new CEO Eric Clark potentially improving growth [3]

Manhattan Associates, Inc. (MANH), Thursday announced that its Board has approved the expansion of share repurchase program to $500 million from $100 million, effective immediately.The company may make repurchases in the open market or otherwise in those quantities, at those prices, and in a manner, and on terms and conditions, as management determines are in the best interests of the company.Currently, MANH is moving up 3.21 percent, to $148.15 on the Nasdaq. For comments and feedback contact: editorial@r ...

Overview - Manhattan Associates has been in business for over 30 years, focusing on supply chain and commerce solutions [2] - The company offers key products including warehouse management, transportation management, order management, point-of-sale, and supply chain planning [2] Cloud Transition - Approximately 10 to 12 years ago, Manhattan Associates transitioned to a cloud-based model, offering all products on their cloud platform known as the active platform [2] - The company has been converting on-premises customers to the cloud while also targeting new customers to gain market share [2]

Summary of Manhattan Associates Conference Call Company Overview - **Company**: Manhattan Associates (NasdaqGS:MANH) - **Industry**: Supply Chain and Commerce Software - **Key Products**: Warehouse Management, Transportation Management, Order Management, Point of Sale, Supply Chain Planning - **Transition to Cloud**: The company has transitioned to a cloud-based model over the past 10-12 years, converting on-premise customers to its cloud platform, the Active Platform [2][2]. Core Insights - **AI Integration**: Manhattan Associates believes that AI will enhance the value of its software. The company has integrated AI natively into its platform, allowing customers to access AI capabilities without extensive data migration [5][6]. - **Cost vs. Innovation**: The discussion around AI should focus on innovation rather than cost reduction. The company argues that enterprise software is complex and not easily replaced by cheaper alternatives [7][9]. - **AI Capabilities**: The company has developed an agentic AI platform that allows customers to create custom agents for various use cases, enhancing user experience, productivity, and data insights [48][49]. Market Dynamics - **Cloud Transition Challenges**: The supply chain software sector has been slow to transition to the cloud, with only about 40% currently cloud-based. This is attributed to the mission-critical nature of the software and historical challenges with on-premise upgrades [64][65]. - **Customer Migration Strategy**: Manhattan Associates is actively working to ease the transition for on-premise customers by offering fixed-price and fixed-timeline conversion options, leveraging AI to simplify the process [66][69]. Sales and Marketing Strategy - **Sales Team Restructuring**: The company has restructured its sales team to include product specialists for various software categories, enhancing its ability to compete in different markets [92][93]. - **Partnerships**: The company has strengthened its partnerships with technology firms and system integrators, which has led to increased opportunities and new customer acquisitions [112][113]. Financial Performance - **Revenue Growth**: The company reported a 25% increase in RPO (Remaining Performance Obligations) to $2.2 billion in Q4, with expectations of 18%-20% growth in cloud bookings for 2026 [141][142]. - **Service Revenue Recovery**: The services segment is expected to grow by 3% in 2026, driven by increased project volume and a focus on faster deployment [121][123]. Future Outlook - **Renewal Opportunities**: The company anticipates significant renewal opportunities in 2026, particularly as many cloud products launched in 2020 come up for renewal [135][136]. - **Sustained Growth Confidence**: Manhattan Associates is confident in maintaining a 20%+ growth rate in sub-cloud subscriptions due to predictable revenue models and strong demand for its offerings [148][149]. Additional Insights - **Tech Debt Management**: The company has focused on minimizing technical debt through its cloud architecture, which allows for easier updates and integration of new features [38][47]. - **Customer-Centric Approach**: Manhattan Associates emphasizes a consultative approach to help customers understand the benefits of transitioning to cloud solutions, addressing concerns about customization and risk [88][89]. This summary encapsulates the key points discussed during the conference call, highlighting the company's strategic direction, market challenges, and growth opportunities.

Company Overview - Manhattan has been in business for approximately 36 years in the supply chain sector, focusing on warehouse management, transportation management, order management, point-of-sale, and supply chain planning [1] - The company is well recognized as a leader in the warehouse space, claiming that there is not a deal in this area that they are not invited to [1] Market Presence - Manhattan has established a strong presence in the warehouse management sector and is known for its leadership over many years [1] - The company has entered various markets at different times, achieving recognition in some areas while still aiming to enhance its visibility in others [1] Strategic Focus - The current sales and marketing strategy emphasizes ensuring that the company is invited to every relevant deal in the supply chain space [1]

Summary of Manhattan Associates FY Conference Call Company Overview - **Company**: Manhattan Associates (NasdaqGS:MANH) - **Industry**: Supply Chain Management Software - **Core Focus Areas**: Warehouse Management, Transportation Management, Order Management, Point of Sale, Supply Chain Planning [2][3] Key Highlights - **Sales Performance**: - Q4 was a record bookings quarter, with 75% of bookings from new logos and 55% for the full year [6] - Strong demand in the supply chain space despite concerns over tariffs and market conditions [6] - **Cloud Transition**: - Manhattan has successfully transitioned to a cloud-first model, enhancing its ability to integrate AI into its platform [5][31] - Currently, 22% of on-prem customers have started or completed their journey to the cloud, with expectations for accelerated conversion in the next decade [29][31] - **AI Integration**: - AI is seen as a net additive to the company's offerings, enhancing productivity and user experience [8][49] - AI capabilities are built natively into the platform, allowing for quick deployment and integration [5][10] - Specific use cases include automating exception processes, which can significantly improve operational efficiency [56][58] Competitive Landscape - **Market Position**: - Manhattan maintains a 70%+ win rate overall and a 90%+ win rate against its main competitor, Blue Yonder [36] - AI is a critical component in competitive discussions, with customers seeking to understand how it can enhance their operations [36] - **ERP Replacement Cycle**: - The ongoing ERP replacement cycle presents a tailwind for Manhattan, as companies reassess their software needs during upgrades [37][39] Product Development and Strategy - **Point of Sale (POS)**: - The POS product line is seeing increased attention and pipeline growth, with a dedicated sales specialist team in place [84][85] - **Supply Chain Planning**: - The new Supply Chain Planning product is gaining traction, with multiple new customers adopting it as a standalone solution [87][88] - **Sales and Marketing Strategy**: - Changes in the partner model and the establishment of a sales specialist team aim to enhance market penetration and customer engagement [85][92] Financial Strategy - **Cash Generation and Investment**: - The company generates significant cash flow, with a focus on R&D and potential buybacks rather than M&A, as the platform approach has proven effective [108][110] Additional Insights - **Internal AI Utilization**: - AI is being used across various functions within the company, including DevOps and customer service, to improve efficiency and reduce operational costs [100][101] - **Customer Engagement**: - The company is leveraging AI to enhance customer interactions, particularly in call centers and retail environments, improving service quality and operational insights [79][82] This summary encapsulates the key points discussed during the conference call, highlighting Manhattan Associates' strategic focus, market position, and growth opportunities in the supply chain management software industry.

Company Overview - Manhattan Associates is a technology company that specializes in advanced software solutions for supply chain and omni-channel commerce management, supporting complex logistics, inventory, and fulfillment operations for large enterprise customers globally [5] - The company generates revenue primarily through software licensing, maintenance, professional services, and hardware resales, serving clients in various industries including grocery, retail, manufacturing, pharmaceuticals, third-party logistics, and wholesale [8] Financial Performance - As of February 20, 2026, Manhattan Associates reported a revenue of $1.08 billion and a net income of $219.95 million [4] - The share price was $144.27, reflecting a one-year price change of -28.4%, underperforming the S&P 500 by 42 percentage points [3][4] Recent Transactions - Brown Capital Management sold 232,073 shares of Manhattan Associates during the fourth quarter of 2025, with an estimated transaction value of $42.42 million [1] - This sale reduced Brown Capital's stake in Manhattan Associates to 2.67% of reportable AUM, down from 3.54% before the quarter [2] Investment Insights - The sale by Brown Capital is not seen as a cause for concern among investors, as the firm has been gradually reducing its position in Manhattan Associates over the last nine quarters while still maintaining it as the 14th-largest position in its portfolio [9]

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Manhattan Associates, Inc. (NASDAQ:MANH) is among the best money-making stocks to buy right now. On January 28, Raymond James reduced the price target on Manhattan Associates, Inc. (NASDAQ:MANH) to $230 from $240 and maintained an Outperform rating. This downward adjustment in price target came after the company’s Q4 2025 results, which the firm believes demonstrated “impressive bookings momentum and execution” under the leadership of CEO Eric Clark. In its analysis, Raymond James noted the company’s rec ...