Morningstar Inc. (MORN) Director Steven N. Kaplan Sells 2,000 Shares of Stock
Morningstar Inc. (NASDAQ:MORN) Director Steven N. Kaplan sold 2,000 shares of the company’s stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $73.34, for a total value of $146,680.00. Following the completion of the transaction, the director now directly owns 49,793 shares of the company’s stock, valued at approximately $3,651,818.62. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Morningstar Inc. (NASDAQ:MORN) opened at 73.26 on Wednesday. The company has a 50-day moving average price of $72.44 and a 200-day moving average price of $79.53. Morningstar Inc. has a 12-month low of $67.74 and a 12-month high of $89.44. The firm has a market cap of $3.15 billion, a PE ratio of 24.89 and a beta of 0.70.
Morningstar (NASDAQ:MORN) last issued its quarterly earnings data on Thursday, October 20th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by $0.07. The firm had revenue of $196.10 million for the quarter, compared to analysts’ expectations of $199.20 million. Morningstar had a return on equity of 19.90% and a net margin of 16.24%. On average, equities analysts predict that Morningstar Inc. will post $2.87 earnings per share for the current year.
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Morningstar, Inc is a provider of independent investment research in North America, Europe, Australia and Asia. The Company offers a line of data, software, research and investment management offerings for financial advisors, asset managers, retirement plan providers and sponsors, and individual investors.
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