November 25, 2016 - By Ruchi Gupta
Mr. Richard Kerr, the present director at Mantech International Corp has lately been involved with a stock market deal of 600 shares of the Pinksheet-listed Mantech International Corp, valued at $43.1 per share. The transaction value was of $25,842 U.S. Dollars. In the last 30 days, he also sold 580 shares that are worth approx $24,969 USD. Richard Kerr now has rights to 18,820 shares which are around 0.05% of the Virginia-Company’s market cap.
Out of 6 analysts covering Mantech International Corporation (NASDAQ:MANT), 1 rate it a “Buy”, 3 “Sell”, while 2 “Hold”. This means 17% are positive. $44 is the highest target while $31 is the lowest. The $36.67 average target is -17.74% below today’s ($44.58) stock price. Mantech International Corporation has been the topic of 10 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Jefferies initiated Mantech International Corp (NASDAQ:MANT) on Wednesday, January 20 with “Underperform” rating. The rating was upgraded by Credit Suisse on Thursday, April 28 to “Neutral”. As per Thursday, July 30, the company rating was maintained by RBC Capital Markets. The stock of Mantech International Corp (NASDAQ:MANT) has “Buy” rating given on Saturday, August 22 by TheStreet. As per Tuesday, July 28, the company rating was initiated by BB&T Capital. The firm has “Hold” rating by Drexel Hamilton given on Wednesday, November 16. As per Thursday, February 18, the company rating was maintained by Maxim Group. The firm has “Underperform” rating given on Tuesday, August 30 by Wells Fargo. The stock of Mantech International Corp (NASDAQ:MANT) earned “Underperform” rating by Credit Suisse on Thursday, September 29.
Insitutional Activity: The institutional sentiment decreased to 1.49 in Q2 2016. Its down 0.10, from 1.59 in 2016Q1. The ratio dived, as 13 funds sold all Mantech International Corp shares owned while 38 reduced positions. 21 funds bought stakes while 60 increased positions. They now own 21.12 million shares or 1.71% more from 20.76 million shares in 2016Q1.
The New York-based Metropolitan Life Co Ny has invested 0.01% in Mantech International Corp (NASDAQ:MANT). Moreover, Blackrock Invest Mgmt Ltd Llc has 0.01% invested in Mantech International Corp (NASDAQ:MANT) for 113,046 shares. Fmr Lc holds 0.01% or 1.43M shares in its portfolio. Tudor Et Al owns 6,775 shares or 0.01% of their US portfolio. West Coast Limited Com, a California-based fund reported 87,501 shares. Heartland Advsr accumulated 708,170 shares or 1.51% of the stock. Loomis Sayles Com L P accumulated 388 shares or 0% of the stock. Gsa Llp, a United Kingdom-based fund reported 19,831 shares. Strs Ohio last reported 0% of its portfolio in the stock. Pnc Serv Grp Inc Inc holds 0% or 11,017 shares in its portfolio. Ubs Asset Mngmt Americas reported 11,086 shares or 0% of all its holdings. Chevy Chase Tru Hldgs accumulated 0% or 18,325 shares. Springbok Capital Mngmt Limited Liability holds 2,000 shares or 0.01% of its portfolio. Ny State Common Retirement Fund reported 388,784 shares or 0.02% of all its holdings. Ladenburg Thalmann Service owns 303 shares or 0% of their US portfolio.
Insider Transactions: Since August 1, 2016, the stock had 0 insider buys, and 9 sales for $5.10 million net activity. $1.48 million worth of Mantech International Corp (NASDAQ:MANT) was sold by Keefe Daniel J. On Friday, November 18 KERR RICHARD J sold $24,969 worth of the stock or 580 shares. Varner L. William sold 15,000 shares worth $593,700. Phillips Kevin M sold $573,862 worth of stock. Bjornaas Judith L sold 10,000 shares worth $429,800.
About 10,622 shares traded hands. Mantech International Corp (NASDAQ:MANT) has risen 38.30% since April 22, 2016 and is uptrending. It has outperformed by 32.89% the S&P500.
ManTech International Corporation is a well-known provider of technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veterans Affairs and Justice, including the Federal Bureau of Investigation ; the space community, and other United States Government customers. The company has a market cap of $1.73 billion. The Firm offers an array of information technology (IT) and technical services solutions under contracts with the United States Government. It has a 30 P/E ratio. It supports national security missions and provides services to over 50 federal government agencies under approximately 1,000 contracts.
According to Zacks Investment Research, “ManTech International Corporation delivers a broad array of information technology and technical services solutions to U.S. federal government customers, focusing primarily on critical national defense programs for the intelligence community and Department of Defense. They design, develop, procure, implement, operate, test and maintain mission-critical, enterprise information technology and communication systems and infrastructures for federal government customers in the United States and worldwide.”
Analysts await Mantech International Corp (NASDAQ:MANT) to report earnings on February, 15. They expect $0.35 EPS, down 5.41% or $0.02 from last year’s $0.37 per share. MANT’s profit will be $13.58 million for 31.84 P/E if the $0.35 EPS becomes a reality. After $0.38 actual EPS reported by Mantech International Corp for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.
More news for Mantech International Corp (NASDAQ:MANT) were recently published by: Bizjournals.com, which released: “ManTech to pay $2M in damages to former employees alleging retaliation” on November 21, 2016. Marketwatch.com‘s article titled: “ManTech International Corp. Cl A” and published on December 21, 2009 is yet another important article.
ManTech International Corporation (ManTech), incorporated on November 14, 2001, is a well-known provider of technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veterans Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other United States Government customers. The Firm offers an array of information technology (IT) and technical services solutions under contracts with the United States Government. The Firm supports national security missions, such as military readiness and wellness, terrorist threat detection, information security and border protection, and providing services to over 50 federal government agencies under approximately 1,000 contracts. The Company’s solutions and services include cybersecurity; software and systems development; enterprise information technology; multi-disciplined intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics, and management consulting.
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By Ruchi Gupta