Insider Selling: Jack Noonan Sells 1,000 Shares of Morningstar Stock (MORN)
Morningstar (NASDAQ:MORN) Director Jack Noonan unloaded 1,000 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $67.74, for a total transaction of $67,740.00. Following the completion of the transaction, the director now directly owns 60,702 shares in the company, valued at approximately $4,111,953. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Morningstar (NASDAQ:MORN) opened at 67.83 on Thursday. Morningstar has a 52 week low of $66.30 and a 52 week high of $85.97. The stock’s 50-day moving average is $68.41 and its 200-day moving average is $74.02. The company has a market cap of $3.033 billion and a P/E ratio of 38.74.
Morningstar (NASDAQ:MORN) last announced its earnings results on Wednesday, July 23rd. The company reported $0.63 earnings per share (EPS) for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.03. On average, analysts predict that Morningstar will post $2.65 earnings per share for the current fiscal year.
Morningstar, Inc, is a provider of independent investment research to investors worldwide. It operates in two segments: Investment Information and Investment Management.
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