Morningstar, Inc. (NASDAQ:MORN – Get Rating) Chairman Joseph D. Mansueto sold 4,502 shares of the stock in a transaction on Monday, September 19th. The shares were sold at an average price of $223.84, for a total value of $1,007,727.68. Following the completion of the transaction, the chairman now owns 12,259,521 shares in the company, valued at $2,744,171,180.64. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Morningstar Stock Performance
MORN stock opened at $219.99 on Thursday. The business’s fifty day moving average is $240.87 and its 200-day moving average is $249.92. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.92. The company has a market cap of $9.35 billion, a P/E ratio of 52.50 and a beta of 1.13. Morningstar, Inc. has a twelve month low of $218.25 and a twelve month high of $350.21.
Wall Street Analyst Weigh In
MORN has been the topic of a number of recent research reports. TheStreet lowered Morningstar from a “b-” rating to a “c+” rating in a research report on Tuesday, September 6th. Redburn Partners upgraded Morningstar from a “neutral” rating to a “buy” rating in a research report on Tuesday.
Institutional Inflows and Outflows
Morningstar, Inc provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors.
- Get a free copy of the StockNews.com research report on Morningstar (MORN)
- The Worst May be Over for Target, But is the Stock Safe to Buy?
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Two Fun Stocks The Insiders Are Buying
- Novavax Remains a Risk-On Stock in a Risk-Off Market
- General Mills: Superior Returns With Less Volatility
Receive News & Ratings for Morningstar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morningstar and related companies with MarketBeat.com's FREE daily email newsletter.