Joseph Mansueto Sells 974 Shares of Morningstar (NASDAQ:MORN) Stock

Morningstar, Inc. (NASDAQ:MORN) Chairman Joseph Mansueto sold 974 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $200.32, for a total value of $195,111.68. Following the completion of the transaction, the chairman owned 7,998,696 shares of the company’s stock, valued at approximately $1,602,298,782.72. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Morningstar Stock Up 1.1%

MORN stock traded up $2.13 during midday trading on Wednesday, hitting $197.51. The stock had a trading volume of 210,488 shares, compared to its average volume of 519,282. The firm has a market cap of $7.41 billion, a price-to-earnings ratio of 18.70 and a beta of 0.99. The business has a 50-day moving average of $174.56 and a two-hundred day moving average of $176.32. Morningstar, Inc. has a 52-week low of $141.49 and a 52-week high of $266.05. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.06 and a quick ratio of 1.06.

Morningstar (NASDAQ:MORN) last posted its quarterly earnings data on Wednesday, July 29th. The business services provider reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.27. Morningstar had a return on equity of 38.57% and a net margin of 16.43%.The business had revenue of $663.20 million during the quarter, compared to the consensus estimate of $649.72 million.

Morningstar News Roundup

Here are the key news stories impacting Morningstar this week:

• Neutral Sentiment: Chairman Joseph D. Mansueto sold a combined 15,474 shares for approximately $3.07 million between August 10 and August 12. The sales reduced his position by only about 0.19%, leaving him with roughly 7.99 million shares, so the transactions appear more consistent with scheduled diversification or liquidity needs than a strong signal about Morningstar’s outlook. SEC insider trading filing
• Neutral Sentiment: Reported short interest was listed at zero shares, unchanged from the prior reporting period, with a zero-day days-to-cover ratio. This suggests no measurable short-selling pressure, although the figures appear mechanically reported and offer little incremental insight into investor positioning.
• Neutral Sentiment: Morningstar’s published coverage included commentary that CoreWeave (CRWV) could eventually generate more than $100 billion in revenue as artificial-intelligence computing costs decline. This is an analyst/media item rather than a change to Morningstar’s own earnings outlook or operations. CRWV revenue outlook article
• Neutral Sentiment: Other recent Morningstar headlines covered oil, silver, copper and FTSE 100 market data, retirement planning, promotional deals, and an IBM–Together AI agreement. These items are generally unrelated to Morningstar, Inc.’s financial performance and are unlikely to materially affect MORN. Morningstar market coverage

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Morningstar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 30th. UBS Group cut their price target on Morningstar from $280.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. BMO Capital Markets reaffirmed an “outperform” rating and set a $212.00 price objective on shares of Morningstar in a research report on Friday, June 26th. Wall Street Zen raised Morningstar from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Finally, Rothschild & Co Redburn set a $210.00 price target on Morningstar in a report on Thursday, June 18th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Morningstar currently has a consensus rating of “Hold” and an average price target of $227.33.

Institutional Investors Weigh In On Morningstar

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Morningstar during the second quarter valued at $324,792,000. Wellington Management Group LLP increased its holdings in Morningstar by 85.4% in the 4th quarter. Wellington Management Group LLP now owns 1,136,213 shares of the business services provider’s stock worth $246,910,000 after buying an additional 523,387 shares in the last quarter. AQR Capital Management LLC increased its holdings in Morningstar by 106.9% in the 3rd quarter. AQR Capital Management LLC now owns 608,244 shares of the business services provider’s stock worth $141,119,000 after buying an additional 314,275 shares in the last quarter. Norges Bank purchased a new position in Morningstar in the 4th quarter worth about $62,367,000. Finally, Corient Private Wealth LLC lifted its stake in Morningstar by 1,196.5% during the 4th quarter. Corient Private Wealth LLC now owns 260,978 shares of the business services provider’s stock valued at $56,713,000 after acquiring an additional 240,848 shares during the period. Institutional investors own 57.02% of the company’s stock.

About Morningstar

Morningstar, Inc is a leading provider of independent investment research, data, and analytics, serving both individual investors and financial professionals. The company offers comprehensive coverage of financial products, including mutual funds, exchange-traded funds (ETFs), stocks, bonds and market indexes. Morningstar’s proprietary rating systems and research methodologies help clients assess the risk and return profiles of investment opportunities and make informed decisions.

Its core products include Morningstar Direct, an institutional investment analysis platform; Morningstar Office Cloud, a portfolio management solution for advisors; and Morningstar Data, which delivers extensive datasets through APIs and data feeds.