Morningstar, Inc. (MORN) Insider Joseph D. Mansueto Sells 19,981 Shares of Stock
Morningstar, Inc. (NASDAQ:MORN) insider Joseph D. Mansueto sold 19,981 shares of the company’s stock in a transaction that occurred on Monday, November 12th. The shares were sold at an average price of $124.52, for a total value of $2,488,034.12. Following the sale, the insider now owns 22,938,874 shares in the company, valued at approximately $2,856,348,590.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of NASDAQ MORN opened at $121.62 on Wednesday. Morningstar, Inc. has a 52-week low of $87.83 and a 52-week high of $144.34. The company has a market cap of $5.32 billion, a price-to-earnings ratio of 33.42 and a beta of 0.76. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.82 and a current ratio of 1.82.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Wednesday, October 17th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend was Tuesday, October 16th.
Separately, BidaskClub cut Morningstar from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 27th.
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Morningstar Company Profile
Morningstar, Inc provides independent investment research services in North America, Europe, Australia, and Asia. It offers a line of data, research, and software tools on a range of investment offerings, including managed investment products, publicly listed companies, fixed income securities, private capital markets, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors.
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