Morningstar (NASDAQ:MORN) Trading Down 7.5% on Insider Selling

13 May 2026, 11:26 by Amy Steele · The Cerbat Gem

Morningstar, Inc. (NASDAQ:MORN – Get Free Report)’s share price traded down 7.5% during trading on Wednesday after an insider sold shares in the company. The stock traded as low as $162.43 and last traded at $162.5530. 147,924 shares traded hands during trading, a decline of 73% from the average session volume of 557,492 shares. The stock had previously closed at $175.82.

Specifically, Chairman Joseph D. Mansueto sold 7,250 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $175.96, for a total value of $1,275,710.00. Following the sale, the chairman directly owned 8,095,990 shares of the company’s stock, valued at approximately $1,424,570,400.40. This trade represents a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joseph D. Mansueto sold 4,002 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $177.08, for a total transaction of $708,674.16. Following the transaction, the chairman owned 8,103,240 shares of the company’s stock, valued at approximately $1,434,921,739.20. This trade represents a 0.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In related news, Chairman Joseph D. Mansueto sold 7,250 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $166.23, for a total transaction of $1,205,167.50. Following the completion of the transaction, the chairman owned 8,114,492 shares in the company, valued at $1,348,872,005.16. This represents a 0.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

Several research firms recently weighed in on MORN. Weiss Ratings downgraded shares of Morningstar from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 9th. BMO Capital Markets dropped their target price on shares of Morningstar from $257.00 to $193.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Wall Street Zen raised shares of Morningstar from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group set a $280.00 target price on shares of Morningstar in a report on Friday, February 13th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $236.50.

Check Out Our Latest Report on Morningstar

Morningstar News Summary

Here are the key news stories impacting Morningstar this week:

Positive Sentiment: Morningstar’s research was referenced in articles highlighting strong demand for dividend strategies and the outperformance of cheaper funds, reinforcing the value of its analytics franchise. Article
Positive Sentiment: The company’s latest earnings beat expectations, with EPS and revenue both coming in above analyst forecasts, supporting the underlying business outlook.
Neutral Sentiment: Morningstar also published several market commentary pieces, including “25 New 4-Star Stocks This Week,” which reinforce its research presence but are not direct stock catalysts. Article
Negative Sentiment: Chairman Joseph Mansueto sold 4,002 shares in one transaction and 7,250 shares in another, which may be viewed as a mild bearish signal despite both sales being part of a Rule 10b5-1 plan. SEC filing

Morningstar Stock Down 7.9%

The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $6.16 billion, a price-to-earnings ratio of 16.54 and a beta of 0.99. The firm’s fifty day simple moving average is $177.18 and its two-hundred day simple moving average is $194.35.

Morningstar (NASDAQ:MORN – Get Free Report) last posted its earnings results on Wednesday, April 29th. The business services provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.77. The company had revenue of $644.80 million for the quarter, compared to analyst estimates of $626.91 million. Morningstar had a net margin of 16.06% and a return on equity of 33.14%.

Institutional Trading of Morningstar

Hedge funds and other institutional investors have recently modified their holdings of the business. Osterweis Capital Management Inc. acquired a new stake in shares of Morningstar during the 2nd quarter worth about $29,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Morningstar during the 3rd quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Morningstar during the 4th quarter worth about $25,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Morningstar during the 1st quarter worth about $26,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Morningstar during the 4th quarter worth about $35,000. 57.02% of the stock is owned by institutional investors and hedge funds.

About Morningstar

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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.