Morgan Stanley (MS): Jeffrey S Brodsky , Chief Human Resources Officer of Morgan Stanley sold 19,955 shares on Jul 21, 2016. The Insider selling transaction was reported by the company on Jul 22, 2016 to the Securities and Exchange Commission. The shares were sold at $28.79 per share for a total value of $574,584.25 , 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 26, 2016, Eric F Grossman (Chief Legal Officer) sold 24,952 shares at $28.21 per share price.On Aug 4, 2015, James A Rosenthal (Chief Operating Officer) sold 12,000 shares at $39.25 per share price.Also, On May 27, 2015, Donald T Nicolaisen (director) sold 4,160 shares at $37.77 per share price.On May 12, 2015, Paul C Wirth (Deputy Chief Financial Officer) sold 39,462 shares at $38.37 per share price.
Morgan Stanley: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Morgan Stanley which led to swings in the share price. The shares opened for trading at $29.14 and hit $29.14 on the upside , eventually ending the session at $28.78, with a gain of 2.09% or 0.59 points. The heightened volatility saw the trading volume jump to 2,86,06,072 shares. The 52-week high of the share price is $41.04 and the company has a market cap of $55,748 M . The 52-week low of the share price is at $21.155.
Company has been under the radar of several Street Analysts.Morgan Stanley is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 32 from a previous price target of $27 .The Rating was issued on Jul 21, 2016.Morgan Stanley is Initiated by Berenberg to Hold and the brokerage firm has set the Price Target at $29. The Rating was issued on Jul 13, 2016.
Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates the Company provides a variety of products and financial services to a group of clients and customers including corporations governments financial institutions and individuals. The Company’s operating segments include Institutional Securities Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management Alternative Investments Merchant Banking and Real Estate Investing activities and offers clients an array of equity fixed income alternative investments real estate and merchant banking strategies.