Morningstar Inc (MORN): Robbins’ Sales Continues


Richard E. Robbins, General Counsel and Secretary at Morningstar Inc (NASDAQ:MORN) disclosed today the disposal of 800 shares of common stock through two separate transactions on October 28, 2014. The first transaction entitled 300 shares for an average unit price of $65.6067, while the average price for the remaining 500 shares was $66.492. With these two transactions, Mr. Robbins totals eight sales this year since April, and now directly owns 25,375 shares.

Jack Noonan, Director at Morningstar Inc (NASDAQ:MORN) has also traded the stock this year. Mr. Noonan completed a total of 9 transactions worth 1,000 shares each, at prices ranging from $62.63 to $82.11, and now owns a 60,702 shares.

Chuck Royce’s Royce & Associates is the largest shareholding institution (amongst those we track) at Morningstar Inc (NASDAQ:MORN) with 1,762,353, valued at an estimate $126 million, after reporting a 1% stock reduction for the second filling period of 2014.

Morningstar Inc (NASDAQ:MORN) is a provider of independent investment research to investors worldwide that operates in two segments: Investment Information and Investment Management.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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