C M Bidwell & Associates Ltd. acquired a new position in shares of Mantech International Corp (NASDAQ:MANT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,645 shares of the technology company’s stock, valued at approximately $283,000.
Several other institutional investors have also bought and sold shares of MANT. BlackRock Inc. lifted its position in Mantech International by 6.8% during the second quarter. BlackRock Inc. now owns 3,964,424 shares of the technology company’s stock worth $164,049,000 after acquiring an additional 252,770 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Mantech International by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,159,794 shares of the technology company’s stock worth $95,354,000 after purchasing an additional 10,337 shares during the period. Earnest Partners LLC increased its holdings in shares of Mantech International by 1.7% during the second quarter. Earnest Partners LLC now owns 1,403,248 shares of the technology company’s stock worth $58,066,000 after purchasing an additional 23,191 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Mantech International by 0.4% during the fourth quarter. Victory Capital Management Inc. now owns 1,185,671 shares of the technology company’s stock worth $59,509,000 after purchasing an additional 4,640 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Mantech International by 31.5% during the second quarter. Northern Trust Corp now owns 732,890 shares of the technology company’s stock worth $30,327,000 after purchasing an additional 175,453 shares during the period. Institutional investors own 63.16% of the company’s stock.
MANT has been the topic of several recent research reports. Wells Fargo & Co raised their target price on shares of Mantech International from $42.00 to $44.00 and gave the stock an “underperform” rating in a report on Wednesday, October 25th. Zacks Investment Research raised shares of Mantech International from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research note on Thursday, January 11th. Loop Capital boosted their target price on shares of Mantech International to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. BidaskClub lowered shares of Mantech International from a “hold” rating to a “sell” rating in a report on Saturday, January 13th. Finally, Cowen reiterated a “buy” rating and set a $54.00 price target on shares of Mantech International in a report on Thursday, November 30th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Mantech International presently has an average rating of “Hold” and an average target price of $48.00.
Mantech International Corp (NASDAQ:MANT) traded up $1.00 during trading hours on Friday, hitting $49.66. 259,704 shares of the stock traded hands, compared to its average volume of 167,771. The company has a market capitalization of $1,936.39, a P/E ratio of 32.46, a PEG ratio of 3.45 and a beta of 1.04. Mantech International Corp has a one year low of $33.50 and a one year high of $53.31.
In other Mantech International news, insider L. William Varner sold 47,500 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $48.52, for a total value of $2,304,700.00. Following the transaction, the insider now directly owns 37,500 shares in the company, valued at $1,819,500. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mary K. Bush sold 1,000 shares of the business’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $50.45, for a total transaction of $50,450.00. Following the completion of the transaction, the director now owns 7,540 shares in the company, valued at $380,393. The disclosure for this sale can be found here. Over the last three months, insiders have sold 56,000 shares of company stock valued at $2,736,075. 22.28% of the stock is currently owned by insiders.
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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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