Morgan Stanley (NYSE:MS), a global financial services firm that provides investment banking, securities, wealth management, and investment management services, has reported an insider sell according to a recent SEC filing. Co-President Andrew Saperstein sold 26,655 shares of the company on February 12, 2024. The transaction was executed at an average price of $87.19 per share, resulting in a total value of $2,323,229.45.
Over the past year, the insider has sold a total of 85,909 shares of Morgan Stanley and has not made any purchases of the stock. The recent sell by the insider adds to the trend observed over the past year, where there have been 18 insider sells and no insider buys.
Following the transaction, shares of Morgan Stanley were trading at $87.19, giving the company a market capitalization of $137.87 billion. The stock's price-earnings ratio stands at 16.25, which is below the industry median of 19.06 but above the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a current price of $87.19 and a GF Value of $91.46, Morgan Stanley's price-to-GF-Value ratio is 0.95, indicating that the stock is Fairly Valued in relation to its intrinsic value as estimated by GuruFocus.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into the company's performance and insider perspectives on the stock's valuation. The recent sell by the insider at Morgan Stanley may be of interest to stakeholders tracking the company's financial movements.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
