Insider Selling: Moody’s Co. (NYSE:MCO) CEO Sells $138,932.02 in Stock

Moody’s Co. (NYSE:MCO) CEO Robert Fauber sold 281 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $494.42, for a total value of $138,932.02. Following the completion of the sale, the chief executive officer now directly owns 61,894 shares in the company, valued at approximately $30,601,631.48. This represents a 0.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Robert Fauber also recently made the following trade(s):

• On Wednesday, January 15th, Robert Fauber sold 281 shares of Moody’s stock. The shares were sold at an average price of $473.62, for a total value of $133,087.22.
• On Thursday, January 2nd, Robert Fauber sold 281 shares of Moody’s stock. The shares were sold at an average price of $474.86, for a total value of $133,435.66.
• On Friday, November 15th, Robert Fauber sold 281 shares of Moody’s stock. The shares were sold at an average price of $478.99, for a total value of $134,596.19.

Moody’s Trading Up 1.3 %

MCO opened at $502.46 on Friday. Moody’s Co. has a 12 month low of $360.05 and a 12 month high of $505.77. The stock has a fifty day moving average price of $482.89 and a 200-day moving average price of $475.66. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.69. The firm has a market cap of $91.05 billion, a price-to-earnings ratio of 45.89, a PEG ratio of 2.91 and a beta of 1.31.

Analysts Set New Price Targets

Several research analysts have recently commented on MCO shares. StockNews.com raised Moody’s from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th. Robert W. Baird raised their price target on Moody’s from $490.00 to $512.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. UBS Group lifted their target price on Moody’s from $495.00 to $510.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Morgan Stanley raised their price target on Moody’s from $462.00 to $481.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Finally, Oppenheimer raised their price target on Moody’s from $543.00 to $545.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $507.36.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Planning Capital Management Corp grew its stake in Moody’s by 566.7% during the 3rd quarter. Planning Capital Management Corp now owns 60 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 51 shares during the last quarter. Larson Financial Group LLC raised its holdings in Moody’s by 272.2% in the 3rd quarter. Larson Financial Group LLC now owns 67 shares of the business services provider’s stock worth $32,000 after purchasing an additional 49 shares during the period. Catalyst Capital Advisors LLC acquired a new position in Moody’s in the 3rd quarter worth about $36,000. Asset Dedication LLC raised its holdings in shares of Moody’s by 83.0% during the third quarter. Asset Dedication LLC now owns 86 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 39 shares during the last quarter. Finally, Asset Planning Inc acquired a new position in shares of Moody’s during the fourth quarter valued at approximately $42,000. 92.11% of the stock is currently owned by hedge funds and other institutional investors.

About Moody’s

Moody’s Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody’s Analytics and Moody’s Investors Services. The Moody’s Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.