Morningstar, Inc. (NASDAQ:MORN – Get Rating) Chairman Joseph D. Mansueto sold 14,500 shares of the firm’s stock in a transaction dated Tuesday, March 14th. The stock was sold at an average price of $189.29, for a total transaction of $2,744,705.00. Following the sale, the chairman now owns 11,494,411 shares of the company’s stock, valued at approximately $2,175,777,058.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Morningstar Price Performance
MORN opened at $186.20 on Friday. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of 114.23 and a beta of 1.19. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.89. The firm has a 50-day moving average price of $227.65 and a 200-day moving average price of $227.24. Morningstar, Inc. has a twelve month low of $181.33 and a twelve month high of $293.64.
Analyst Ratings Changes
MORN has been the subject of a number of research analyst reports. StockNews.com began coverage on shares of Morningstar in a report on Thursday. They set a “hold” rating for the company. Redburn Partners downgraded shares of Morningstar from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 11th.
Hedge Funds Weigh In On Morningstar
Morningstar Company Profile
Morningstar, Inc engages in the provision of investment research. It offers Morningstar data, direct, investment management, advisor workstation, workplace solutions, pitchbook data, enterprise components, research, credit ratings and indexes. The company was founded by Joseph D. Mansueto on May 16, 1984, and is headquartered in Chicago, IL.
- Get a free copy of the StockNews.com research report on Morningstar (MORN)
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