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KBC Group NV Sells 21,928 Shares of Manhattan Associates
The institutional investor reduced its stake in the software company
Apr. 18, 2026 at 8:12am
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A behind-the-scenes look at the intricate machinery powering institutional investment decisions in the software industry.Manhattan TodayKBC Group NV decreased its holdings in Manhattan Associates, Inc. (NASDAQ:MANH) by 20.0% in the fourth quarter, according to the company's 13F filing with the Securities and Exchange Commission. The fund now owns 87,653 shares of the software maker's stock after selling 21,928 shares during the period.
Why it matters
This filing provides insight into the investment decisions of KBC Group NV, a major institutional investor. The reduction in their Manhattan Associates holdings could signal a shift in their outlook on the software company's performance or valuation.
The details
According to the 13F filing, KBC Group NV sold 21,928 shares of Manhattan Associates in the fourth quarter, reducing its total stake to 87,653 shares. The fund previously owned 109,581 shares, representing a 20.0% decrease in its position. Manhattan Associates is a provider of supply chain and omnichannel commerce software solutions.
- The filing covers the fourth quarter of the year.
The players
KBC Group NV
A major institutional investor that decreased its holdings in Manhattan Associates.
Manhattan Associates, Inc.
A provider of supply chain and omnichannel commerce software solutions.
The takeaway
This filing highlights the investment decisions of a prominent institutional investor, KBC Group NV, and their reduced stake in Manhattan Associates. It provides insight into the market's perception of the software company's performance and valuation.
