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Algert Global LLC Boosts Stake in Manhattan Associates
Institutional investor increases holdings in supply chain software company
Mar. 15, 2026 at 7:23am
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Algert Global LLC, an institutional investor, has increased its stake in Manhattan Associates, Inc. (NASDAQ:MANH) by 13.9% in the third quarter, according to a recent SEC filing. The firm now owns 88,046 shares of the software maker's stock, valued at $18,048,000.
Why it matters
Manhattan Associates is a leading provider of supply chain and omnichannel commerce software solutions. Algert Global's increased investment suggests the firm sees long-term growth potential in the company as it continues to optimize inventory management and fulfillment for retailers and logistics providers.
The details
According to the filing, Algert Global purchased an additional 10,747 shares of Manhattan Associates during the third quarter, bringing its total holdings to 88,046 shares. This represents a 13.9% increase in the firm's position. Manhattan Associates provides a range of cloud-based solutions to help businesses streamline their supply chain operations, including warehouse management, transportation management, and omnichannel fulfillment applications.
- Algert Global LLC increased its stake in Manhattan Associates during the third quarter of 2026.
The players
Algert Global LLC
An institutional investment firm that has increased its holdings in Manhattan Associates, Inc.
Manhattan Associates, Inc.
A provider of supply chain and omnichannel commerce software solutions.
The takeaway
Algert Global's increased investment in Manhattan Associates suggests the firm sees long-term growth potential in the company's supply chain software solutions as retailers and logistics providers continue to optimize their operations.
