Morningstar Inc MORN:NASDAQ

Last Price$150.58NASDAQ Previous Close - Last Trade as of 4:00PM ET 6/05/20

Today's Change+0.60(0.40%)
Bid (Size)$150.54 (2)
Ask (Size)$150.58 (8)
Day Low / High$148.53 - 154.38
Volume79.0 K

Insider at Morningstar (MORN) Makes Significant Sale of Stock

10:19PM ET 4/01/2020 MT Newswires
A SEC filing today indicated a notable insider sale of Morningstar shares as -- Joseph D Mansueto, 10% Owner, Director and Officer -- disposed of 21,662 shares in the company having a market value of approximately $2,560,889. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 357,979 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 379,641 shares and have averaged 126,547 shares per transaction over this time period.

The level of buy/sell trading at Morningstar is is greater than the 21 peer company average over the last 90-day period. The Professional Information Services peer group saw 35 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for Morningstar insiders was also higher. Within the peer group there were 0 shares purchased and 434,543 shares sold with company insiders disposing of 12,416 shares on average.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in evaluating and writing this story.