Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Morningstar Inc shares valued at $392,095 were sold by Mansueto Joseph D on Mar 14 ’25. At $286.20 per share, Mansueto Joseph D sold 1,370 shares. The insider’s holdings dropped to 10,027,836 shares worth approximately $2.78 billion following the completion of this transaction.
Also, Mansueto Joseph D sold 2 shares, netting a total of over 574 in proceeds. Following the sale of shares at $287.10 each, the insider now holds 10,029,206 shares.
Before that, Mansueto Joseph D had sold 9,062 shares from its account. In a trade valued at $2,578,302, the Executive Chairman traded Morningstar Inc shares for $284.52 each. Upon closing the transaction, the insider’s holdings decreased to 9,062 shares, worth approximately $2.78 billion.
As published in a research note from Redburn Atlantic on October 09, 2024, Morningstar Inc [MORN] has been rated down from a Buy to a Neutral and the price target has been revised to $340. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of August 12, 2024, BMO Capital Markets has initiated its “an Outperform” rating for MORN. Earlier on October 30, 2023, Redburn Atlantic upgraded its rating. Their new recommendation was “an Overweight” for MORN stock which previously was a “a Neutral”.
Analyzing MORN Stock Performance
During the last five days, there has been a surge of approximately 2.40%. Over the course of the year, Morningstar Inc shares have dropped approximately -17.69%. Shares of the company reached a 52-week high of $338.50 on 01/02/25 and a 52-week low of $250.34 on 04/09/25. A 50-day SMA is recorded $299.78, while a 200-day SMA reached $319.75.
Support And Resistance Levels for Morningstar Inc (MORN)
According to the 24-hour chart, there is a support level at 274.65, which, if violated, would cause prices to drop to 272.11. In the upper region, resistance lies at 280.11. The next price resistance is at 283.03. RSI (Relative Strength Index) is 43.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.94, which suggests the price will decrease in the coming days. Percent R is at 49.32%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
