Morningstar, Inc. (MORN) Insider Joseph D. Mansueto Sells 13,833 Shares
Morningstar, Inc. (NASDAQ:MORN) insider Joseph D. Mansueto sold 13,833 shares of the stock in a transaction dated Thursday, November 8th. The stock was sold at an average price of $125.80, for a total value of $1,740,191.40. Following the sale, the insider now directly owns 22,959,144 shares in the company, valued at $2,888,260,315.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
MORN stock opened at $124.67 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.82 and a current ratio of 1.82. Morningstar, Inc. has a 52-week low of $86.62 and a 52-week high of $144.34. The stock has a market cap of $5.38 billion, a PE ratio of 33.80 and a beta of 0.76.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Wednesday, October 17th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Tuesday, October 16th.
Separately, BidaskClub lowered shares of Morningstar from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 27th.
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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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