Morningstar, Inc. (MORN) Files Form 4 Insider Selling : Bevin Desmond Sells 2,000 Shares

Morningstar, Inc. (MORN): Bevin Desmond , Head of Global Markets & HR of Morningstar, Inc. sold 2,000 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $82.88 per share for a total value of $165,762.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, Bevin Desmond (Head of Global Markets & HR) sold 2,000 shares at $82.88 per share price.On Apr 28, 2016, Paul W Sturm (director) sold 2,542 shares at $84.15 per share price.Also, On Apr 27, 2016, Gail S Landis (director) sold 782 shares at $83.88 per share price.On Mar 22, 2016, David W Williams (Head of Design) sold 3,000 shares at $85.00 per share price.

Morningstar: On Tuesday, May 10, 2016 heightened volatility was witnessed in Morningstar which led to swings in the share price. The shares opened for trading at $82.57 and hit $83.46 on the upside , eventually ending the session at $83.44, with a gain of 1.11% or 0.92 points. The heightened volatility saw the trading volume jump to 55,773 shares. The 52-week high of the share price is $89.44 and the company has a market cap of $3,581 M . The 52-week low of the share price is at $74.22.

Morningstar Money Flow Index Chart

Morningstar Inc. is a provider of independent investment research in North America Europe Australia and Asia. The Company offers a line of products and services for financial advisors asset managers retirement plan providers and sponsors and individual investors. In addition to its United States-based products and services it offers local versions of its products designed for investors in Asia Australia Canada Europe Latin America and South Africa. Morningstar serves approximately 250000 financial advisors 1700 asset management firms 24 retirement plan providers 290000 retirement plan sponsors and 9.9 million individual investors. The Company has operations in 27 countries. As of December 31 2014 the Company provided data on approximately 500000 investments including mutual funds stocks exchange-traded funds (ETFs) closed-end funds separate accounts and variable annuities.

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