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Despite a major investor selling off shares, Manhattan Associates' stock is up 107.3% year-to-date.
Manhattan Associates, a software company for supply chain and inventory management, saw its shares drop significantly in the first quarter, with major investor Robeco selling a large portion of its holdings.
Despite this, the stock price is up 107.3% year-to-date.
The company has a "Moderate Buy" rating from analysts with a $208.88 target price.
Meanwhile, Hills Bank & Trust Co. increased its holdings in the company by 34.9%.
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A pesar de que un importante inversor está vendiendo acciones, las acciones de Manhattan Associates han subido un 107.3% desde el inicio del año.