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.
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