Morningstar (NASDAQ:MORN) Chairman Joseph Mansueto Sells 7,250 Shares of Stock

Morningstar, Inc. (NASDAQ:MORN) Chairman Joseph Mansueto sold 7,250 shares of Morningstar stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $195.27, for a total transaction of $1,415,707.50. Following the transaction, the chairman directly owned 7,991,446 shares of the company’s stock, valued at approximately $1,560,489,660.42. This trade represents a 0.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Morningstar Stock Performance

MORN opened at $197.51 on Thursday. The firm has a fifty day moving average price of $174.89 and a 200 day moving average price of $176.20. Morningstar, Inc. has a 1 year low of $141.49 and a 1 year high of $266.05. The stock has a market cap of $7.41 billion, a P/E ratio of 18.70 and a beta of 0.99. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.06 and a quick ratio of 1.06.

Morningstar (NASDAQ:MORN) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $3.10 EPS for the quarter, beating the consensus estimate of $2.83 by $0.27. Morningstar had a net margin of 16.43% and a return on equity of 38.57%. The company had revenue of $663.20 million for the quarter, compared to analyst estimates of $649.72 million.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Wall Street Zen raised Morningstar from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Rothschild & Co Redburn set a $210.00 price objective on Morningstar in a report on Thursday, June 18th. UBS Group cut their price objective on Morningstar from $280.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Weiss Ratings downgraded Morningstar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 30th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $212.00 target price on shares of Morningstar in a research report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $227.33.

Institutional Trading of Morningstar

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Morningstar in the 2nd quarter worth about $324,792,000. Morgan Stanley increased its stake in Morningstar by 2.4% during the 4th quarter. Morgan Stanley now owns 2,006,325 shares of the business services provider’s stock worth $435,995,000 after buying an additional 47,360 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Morningstar by 85.4% during the fourth quarter. Wellington Management Group LLP now owns 1,136,213 shares of the business services provider’s stock valued at $246,910,000 after acquiring an additional 523,387 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Morningstar by 48.0% during the fourth quarter. AQR Capital Management LLC now owns 900,297 shares of the business services provider’s stock valued at $195,644,000 after acquiring an additional 292,053 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Morningstar by 9.7% in the first quarter. Dimensional Fund Advisors LP now owns 517,769 shares of the business services provider’s stock valued at $87,514,000 after acquiring an additional 45,798 shares in the last quarter. Hedge funds and other institutional investors own 57.02% of the company’s stock.

More Morningstar News

Here are the key news stories impacting Morningstar this week:

• Neutral Sentiment: Chairman Joseph D. Mansueto sold a combined 15,474 shares for approximately $3.07 million between August 10 and August 12. The sales reduced his position by only about 0.19%, leaving him with roughly 7.99 million shares, so the transactions appear more consistent with scheduled diversification or liquidity needs than a strong signal about Morningstar’s outlook. SEC insider trading filing
• Neutral Sentiment: Reported short interest was listed at zero shares, unchanged from the prior reporting period, with a zero-day days-to-cover ratio. This suggests no measurable short-selling pressure, although the figures appear mechanically reported and offer little incremental insight into investor positioning.
• Neutral Sentiment: Morningstar’s published coverage included commentary that CoreWeave (CRWV) could eventually generate more than $100 billion in revenue as artificial-intelligence computing costs decline. This is an analyst/media item rather than a change to Morningstar’s own earnings outlook or operations. CRWV revenue outlook article
• Neutral Sentiment: Other recent Morningstar headlines covered oil, silver, copper and FTSE 100 market data, retirement planning, promotional deals, and an IBM–Together AI agreement. These items are generally unrelated to Morningstar, Inc.’s financial performance and are unlikely to materially affect MORN. Morningstar market coverage

About Morningstar

Morningstar, Inc is a leading provider of independent investment research, data, and analytics, serving both individual investors and financial professionals. The company offers comprehensive coverage of financial products, including mutual funds, exchange-traded funds (ETFs), stocks, bonds and market indexes. Morningstar’s proprietary rating systems and research methodologies help clients assess the risk and return profiles of investment opportunities and make informed decisions.

Its core products include Morningstar Direct, an institutional investment analysis platform; Morningstar Office Cloud, a portfolio management solution for advisors; and Morningstar Data, which delivers extensive datasets through APIs and data feeds.