"" Executive Chairman Sells $2.9M in Morningstar Stock
Morningstar Inc. executive chairman Joseph D. Mansueto sold approximately $2.93 million in common stock worth 14,500 shares across multiple transactions on August 13 and 14, 2026. The sales were executed under a Rule 10b5-1 trading plan, adopted by Mr. Mansueto on November 19, 2025.
The stock trades at $207.41, with shares delivering a strong 30% return over the past six months. Following these transactions, Mr. Mansueto directly holds 7,976,946 shares of Morningstar common stock.
Recent Developments at Morningstar
In other recent news, Morningstar Inc. announced a quarterly dividend of 50 cents per share, maintaining the same payout as earlier this year. BMO Capital reiterated its Outperform rating for Morningstar, highlighting the potential of the MCP protocol in collaboration with the Morningstar Direct Platform and PitchBook. BMO Capital set a price target of $212.00, noting that the MCP protocol could become a valuable sales channel as its adoption increases.
Additionally, PitchBook, in collaboration with StepStone Group, launched the SPI Deal Benchmarking solution for private markets. This solution is available to fund managers and service providers via the PitchBook platform and to investors through SPI by StepStone. PitchBook has also partnered with Samaya AI to integrate its private market data into Samaya’s AI platform, enhancing data accessibility for financial services professionals.
