Director William Lyons Sells 750 Shares of Morningstar Inc (MORN)

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On September 30, 2024, Director William Lyons sold 750 shares of Morningstar Inc (MORN, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 13,590 shares of the company.

Morningstar Inc, a leading provider of independent investment research, offers an array of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets.

Over the past year, William Lyons has engaged in multiple transactions involving the company's stock, selling a total of 3,750 shares. No purchases were recorded for the insider during this period. The broader trend within Morningstar Inc shows a pattern of insider selling, with 62 insider sales and no insider buys over the last year.

Shares of Morningstar Inc were priced at $316.48 on the date of the insider's most recent transaction. The company currently holds a market cap of approximately $13.67 billion. The price-earnings ratio of the stock stands at 55.89, significantly above both the industry median of 18.95 and the historical median for the company.

The stock's valuation according to GF Value is set at $303.51, leading to a price-to-GF-Value ratio of 1.04, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from Morningstar analysts.

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This recent sale by Director William Lyons contributes to the ongoing trend of insider sales at Morningstar Inc, providing investors and market watchers with insights into the internal sentiment towards the stock's current valuation and future prospects.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.