Shares of Manhattan Associates (NASDAQ:MANH) Sees Large Inflow of Net Money Flow

Manhattan Associates (NASDAQ:MANH) witnessed a selling pressure and the shares last traded with a loss of -0.56 points or -0.86% at $64.58. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $15.67 million with an inflow of $20.23 million in upticks and an outflow of $4.56 million in downticks. Using the data, the up/down ratio is found to be 4.43. The share price has recorded -2.31% on a weekly basis.A block trade of $16.1 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $16.1, signaling heavy buying.

Manhattan Associates, Inc. has dropped 2.53% in the last five trading days, however, the shares have posted positive gains of 5.45% in the last 4 weeks. Manhattan Associates, Inc. is up 12.3% in the last 3-month period. Year-to-Date the stock performance stands at -2.61%.

Currently the company Insiders own 1.08% of Manhattan Associates shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.09% . Institutional Investors own 99.51% of Manhattan Associates shares. During last six month period, the net percent change held by insiders has seen a change of -20.33%. . On the companys insider trading activities, Cassidy Brian J, director of Manhattan Associates Inc, unloaded 17,792 shares at an average price of $67 on June 7, 2016. The total amount of the transaction was worth $1,192,064, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Manhattan Associates (NASDAQ:MANH) witnessed a decline in the market cap on Friday as its shares dropped 1.07% or 0.7 points. After the session commenced at $65.23, the stock reached the higher end at $65.34 while it hit a low of $63.93. With the volume soaring to 898,708 shares, the last trade was called at $64.44. The company has a 52-week high of $77.749. The company has a market cap of $4,649 million and there are 72,137,015 shares in outstanding. The 52-week low of the share price is $44.14.

Manhattan Associates, Inc. (Manhattan) is a developer and provider of supply chain commerce solutions. The Company is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and Omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. The Companys solutions consist of software, services, and hardware, which coordinate people, workflows, assets, events, and tasks across the functions linked in a supply chain. It offers its solutions in three areas: supply chain, Omni-channel and inventory. Its solutions enable coordinating the actions, data exchange, and communication of participants in supply chain ecosystems, such as manufacturers, suppliers, distributors, trading partners, transportation providers, channels (such as catalogers, store retailers, and Web outlets), and consumers. It has operations in North America, Europe, and the Asia/Pacific region.

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