Morningstar, Inc. (NASDAQ:MORN) CFO Sells $959,112.72 in Stock

Morningstar, Inc. (NASDAQ:MORN) CFO Jason Dubinsky sold 3,007 shares of the stock in a transaction dated Monday, November 22nd. The stock was sold at an average price of $318.96, for a total transaction of $959,112.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of NASDAQ MORN opened at $319.27 on Thursday. The firm’s 50-day moving average price is $292.10 and its 200-day moving average price is $266.48. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.27. The company has a market cap of $13.76 billion, a PE ratio of 65.16 and a beta of 1.11. Morningstar, Inc. has a 52-week low of $196.65 and a 52-week high of $328.52.

Morningstar (NASDAQ:MORN) last announced its quarterly earnings results on Wednesday, October 27th. The business services provider reported $1.38 earnings per share (EPS) for the quarter. The firm had revenue of $428.90 million for the quarter. Morningstar had a net margin of 13.11% and a return on equity of 20.93%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP boosted its holdings in shares of Morningstar by 48.5% in the third quarter. Allworth Financial LP now owns 101 shares of the business services provider’s stock worth $26,000 after buying an additional 33 shares during the last quarter. JNBA Financial Advisors purchased a new position in shares of Morningstar in the third quarter worth approximately $30,000. Capitolis Advisors LLC purchased a new position in shares of Morningstar in the third quarter worth approximately $31,000. Koshinski Asset Management Inc. purchased a new position in shares of Morningstar in the third quarter worth approximately $37,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Morningstar by 42.1% in the third quarter. Rockefeller Capital Management L.P. now owns 152 shares of the business services provider’s stock worth $39,000 after buying an additional 45 shares during the last quarter. 50.16% of the stock is currently owned by institutional investors.

Morningstar Company Profile

Morningstar, Inc engages in the provision of investment research. It offers morningstar data, morningstar direct, morningstar investment management, morningstar advisor workstation, workplace solutions, pitchbook data, morningstar enterprise components, morningstar research, morningstar credit ratings and morningstar indexes.

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Insider Buying and Selling by Quarter for Morningstar (NASDAQ:MORN)

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