Morningstar Inc MORN:NASDAQ

Last Price$149.98NASDAQ Previous Close - Last Trade as of 4:00PM ET 6/04/20

Today's Change-3.61(2.35%)
Bid (Size)$149.98 (1)
Ask (Size)$150.29 (5)
Day Low / High$148.88 - 153.87
Volume72.3 K

Continued Level of Significant Insider Selling at Morningstar (MORN)

10:19PM ET 4/03/2020 MT Newswires
There was a notable insider sale of Morningstar shares today, as indicated in a filing with the SEC as -- Joseph D Mansueto, 10% Owner, Director and Officer -- sold 21,341 shares in the company having a market value of approximately $2,479,102 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 sale of 369,898 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 391,239 shares and have averaged 130,413 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at Morningstar is greater than the 21-company peer group average. 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 446,462 shares sold with company insiders disposing of 12,756 shares on average.

The data sourced in composing and writing in this story eliminates 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.