Eddie Capel Is The President of Manhattan Associates, Inc. (NASDAQ:MANH) And They Just Sold 34% Of Their Shares

We wouldn't blame Manhattan Associates, Inc. (NASDAQ:MANH) shareholders if they were a little worried about the fact that Eddie Capel, the President recently netted about US$3.6m selling shares at an average price of US$102. That's a big disposal, and it decreased their holding size by 34%, which is notable but not too bad.

View our latest analysis for Manhattan Associates

Manhattan Associates Insider Transactions Over The Last Year

Notably, that recent sale by Eddie Capel is the biggest insider sale of Manhattan Associates shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$102. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Manhattan Associates insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.7% of Manhattan Associates shares, worth about US$48m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Manhattan Associates Insider Transactions Indicate?

An insider sold Manhattan Associates shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Manhattan Associates. Case in point: We've spotted 2 warning signs for Manhattan Associates you should be aware of, and 1 of them is a bit unpleasant.

But note: Manhattan Associates may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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