President, CEO & Director of Manhattan Associates Inc. (MANH) Peter F Sinisgalli sells 48,034 shares of MANH on 02/22/2012 at an average price of $46.52 a share.

Manhattan Asoc has a market cap of $951.6 million; its shares were traded at around $46.89 with a P/E ratio of 23 and P/S ratio of 2.9. Manhattan Asoc had an annual average earning growth of 8.9% over the past 10 years. GuruFocus rated Manhattan Asoc the business predictability rank of 3.5-star.

This is the annual revenues and earnings per share of MANH over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of MANH.

CEO Recent Trades:

• President, CEO & Director Peter F Sinisgalli sold 99,239 shares of MANH stock on 02/17/2012 at the average price of 46.51. Peter F Sinisgalli owns at least 113,013 shares after this. The price of the stock has increased by 0.82% since.
• President, CEO & Director Peter F Sinisgalli sold 20,496 shares of MANH stock on 02/15/2012 at the average price of 46.51. Peter F Sinisgalli owns at least 113,013 shares after this. The price of the stock has increased by 0.82% since.
• President, CEO & Director Peter F Sinisgalli sold 400 shares of MANH stock on 02/10/2012 at the average price of 46.5. Peter F Sinisgalli owns at least 113,013 shares after this. The price of the stock has increased by 0.84% since.
• President, CEO & Director Peter F Sinisgalli sold 1,363 shares of MANH stock on 02/07/2012 at the average price of 46.5. Peter F Sinisgalli owns at least 113,013 shares after this. The price of the stock has increased by 0.84% since.
• President, CEO & Director Peter F Sinisgalli sold 14,323 shares of MANH stock on 02/06/2012 at the average price of 46.5. Peter F Sinisgalli owns at least 113,013 shares after this. The price of the stock has increased by 0.84% since.

CFO Recent Trades:

• Senior Vice President & CFO Dennis B Story sold 59,620 shares of MANH stock on 11/02/2011 at the average price of 41.82. Dennis B Story owns at least 22,504 shares after this. The price of the stock has increased by 12.12% since.

This is the insider trade history vs. stock price of MANH. For the complete insider trading history of MANH, click here.

Directors and Officers Recent Trades:

• Director John J Jr Huntz sold 2,884 shares of MANH stock on 02/16/2012 at the average price of 46.52. John J Jr Huntz owns at least 22,596 shares after this. The price of the stock has increased by 0.8% since.
• Director John J Jr Huntz sold 2,116 shares of MANH stock on 02/15/2012 at the average price of 46.5. John J Jr Huntz owns at least 22,596 shares after this. The price of the stock has increased by 0.84% since.
• Exec. VP--Americas Operations Jeffrey S Mitchell sold 25,000 shares of MANH stock on 02/14/2012 at the average price of 46.19. Jeffrey S Mitchell owns at least 54,562 shares after this. The price of the stock has increased by 1.52% since.
• Director Deepak Raghavan sold 35,000 shares of MANH stock on 02/13/2012 at the average price of 46.11. Deepak Raghavan owns at least 21,710 shares after this. The price of the stock has increased by 1.69% since.
• Exec. VP--Americas Operations Jeffrey S Mitchell sold 10,000 shares of MANH stock on 02/10/2012 at the average price of 46.16. Jeffrey S Mitchell owns at least 54,562 shares after this. The price of the stock has increased by 1.58% since.

For the complete insider trading history of MANH, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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