Mantech International Corp (NASDAQ:MANT) Director Mary K. Bush sold 1,000 shares of the business’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $50.45, for a total transaction of $50,450.00. Following the sale, the director now directly owns 7,540 shares in the company, valued at $380,393. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Mantech International Corp (MANT) traded up $0.62 during trading on Friday, hitting $50.69. 426,822 shares of the stock traded hands, compared to its average volume of 141,865. The firm has a market cap of $1,952.38, a price-to-earnings ratio of 32.72, a PEG ratio of 4.01 and a beta of 0.97. Mantech International Corp has a one year low of $33.50 and a one year high of $52.35.
Mantech International (NASDAQ:MANT) last released its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. The company had revenue of $422.70 million for the quarter, compared to analyst estimates of $427.44 million. Mantech International had a net margin of 3.61% and a return on equity of 4.73%. Mantech International’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.38 EPS. equities research analysts predict that Mantech International Corp will post 1.56 EPS for the current year.
Several brokerages have commented on MANT. Cowen reissued a “buy” rating and set a $45.00 price target on shares of Mantech International in a research report on Monday, August 21st. Zacks Investment Research raised shares of Mantech International from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Friday, September 22nd. Loop Capital boosted their price target on shares of Mantech International from $45.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Finally, Maxim Group reissued a “buy” rating and set a $47.00 price target (up from $44.00) on shares of Mantech International in a research report on Wednesday, September 20th. Four analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $45.57.
Institutional investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Mantech International by 297.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,283 shares of the technology company’s stock worth $145,000 after purchasing an additional 2,458 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Mantech International by 43.6% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,888 shares of the technology company’s stock worth $153,000 after purchasing an additional 1,181 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Mantech International during the 3rd quarter worth about $165,000. GLG Partners LP acquired a new position in shares of Mantech International during the 2nd quarter worth about $166,000. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Mantech International by 5.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 4,576 shares of the technology company’s stock worth $189,000 after purchasing an additional 239 shares during the last quarter. Institutional investors own 63.26% of the company’s stock.
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Mantech International Company Profile
ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.
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