MORN Morningstar (MORN) Insider Trading, Ownership & Congress Trades
Financial Services · Investment advice · CIK 0001289419
Form 144 · 2
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
204
13F, latest reported quarter
Conversions, 180 days
2
Codes C/M, not in net · $0 priced
What the filings say about MORN
Insiders, 180 days
-$38.1M net sold
3 sellers · 9% of sales under a 10b5-1 plan
Congress, 1 year
0 bought · 1 sold
Latest: sale, 2026-05-06
Planned sales (Form 144), 90 days
$20.1M
2 notices
Morningstar insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Morningstar, Inc. insiders sold a net $38.1M of stock across 2,298 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 2243 earlier Form 4 trades (code P or S) here by this insider (2243 sales), the last on Aug 21, 2026.
- The trade is 0.0% of the 7,943,631 shares held after it.
- 1 other insider sold within 30 days.
- 204 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman Mansueto Joseph D sold about $47.5K of MORN under a 10b5-1 plan on Aug 24, 2026; 1 other insider sold within 30 days and 204 funds added in the latest 13F quarter.Context
- 2243 earlier Form 4 trades (code P or S) here by this insider (2243 sales), the last on Aug 21, 2026.
- The trade is 0.0% of the 7,942,450 shares held after it.
- 1 other insider sold within 30 days.
- 204 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman Mansueto Joseph D sold about $256.6K of MORN under a 10b5-1 plan on Aug 24, 2026; 1 other insider sold within 30 days and 204 funds added in the latest 13F quarter.Context
- 2243 earlier Form 4 trades (code P or S) here by this insider (2243 sales), the last on Aug 21, 2026.
- The trade is 0.0% of the 7,940,710 shares held after it.
- 1 other insider sold within 30 days.
- 204 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman Mansueto Joseph D sold about $380.1K of MORN under a 10b5-1 plan on Aug 24, 2026; 1 other insider sold within 30 days and 204 funds added in the latest 13F quarter.Context
- 2243 earlier Form 4 trades (code P or S) here by this insider (2243 sales), the last on Aug 21, 2026.
- The trade is 0.0% of the 7,939,732 shares held after it.
- 1 other insider sold within 30 days.
- 204 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman Mansueto Joseph D sold about $214.6K of MORN under a 10b5-1 plan on Aug 24, 2026; 1 other insider sold within 30 days and 204 funds added in the latest 13F quarter.Context
- 2243 earlier Form 4 trades (code P or S) here by this insider (2243 sales), the last on Aug 21, 2026.
- The trade is 0.0% of the 7,938,418 shares held after it.
- 1 other insider sold within 30 days.
- 204 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman Mansueto Joseph D sold about $289.6K of MORN under a 10b5-1 plan on Aug 24, 2026; 1 other insider sold within 30 days and 204 funds added in the latest 13F quarter.2,298 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$38.1M over 180 days
-$20.7M over 90 days · -$37.7M of it by a 10%+ holder
below 94% of Financial Services
Congress
no House purchase disclosed in the last 12 months
Funds
204 funds bought in last quarter
more than 76% of Financial Services
Revenue
+7.5% year over year
below 57% of Financial Services
Margin
15.3% net margin
more than 64% of Financial Services
Buybacks
$400.0M repurchased, FY to 2026-06-30
more than 82% of Financial Services
Short interest
7.3% of the float short (float per yahoo 2026-10-26) · 4.5 days to cover · settled 2026-09-30
more than 65% of Financial Services
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch MORN
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+3.1%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns MORN: institutional holders (13F)
13F holdings, latest reported quarter
3,499,146 sh
$545.9M
2,081,736 sh
$324.8M
1,493,037 sh
$232.9M
1,484,135 sh
$231.6M
1,304,388 sh
$203.5M
Congress trades in MORN
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2026-05-06 · disclosed 30 days later
$1,001 - $15,000
Sold 2026-05-04 · disclosed 32 days later
$1,001 - $15,000
Sold 2026-04-17 · disclosed 19 days later
$1,001 - $15,000
Sold 2026-04-16 · disclosed 20 days later
$1,001 - $15,000
Sold 2026-02-25 · disclosed 13 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
MORN planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
Lyons William M
Filed 2026-08-03
$199.0K
Mansueto Joseph D
Filed 2026-08-03
$19.9M
MORN mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Harbor Active Small Cap ETF
$619.9K position · as of 2026-07-31
4.4%
Leadershares Alphafactor Tactical Focused ETF
$2.6M position · as of 2026-07-31
4.0%
Baron Generational Growth Fund
$83.5M position · as of 2026-06-30
4.0%
Baron Focused Growth Fund
$113.6M position · as of 2026-06-30
2.0%
Baron First Principles ETF
$9.7M position · as of 2026-06-30
2.0%
Baron Partners Fund
$295.3M position · as of 2026-06-30
1.6%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Kunal Kapoor
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$9.1M
-$9.3M
$1.3M
-3%
+58%
2024
$8.6M
$14.5M
$3.7M
+49%
+62%
2023
$7.3M
$14.0M
$1.2M
+26%
+32%
2022
$6.3M
-$3.3M
$1.6M
-6%
-1%
2021
$5.6M
$17.0M
$1.2M
+48%
+23%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $38.1M sold by insiders over 180 days, 204 funds added last quarter, $20.1M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
MORN financials
Revenue growth
+7.5%
XBRL, annual
Net margin
15.3%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$2.6B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM MORN
| FY Dec 2025 | $2.4B |
| FY Dec 2024 | $2.3B |
| FY Dec 2023 | $2.0B |
| FY Dec 2022 | $1.9B |
| FY Dec 2021 | $1.7B |
| Jun 2026 | $663.2M |
| Mar 2026 | $644.8M |
| Dec 2025 | $641.1M |
| Sep 2025 | $617.4M |
| Jun 2025 | $605.1M |
| Mar 2025 | $581.9M |
| Dec 2024 | $591.0M |
| Sep 2024 | $569.4M |
At each fiscal year end
Single quarter
Net margin, TTM
+16.4%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM MORN
| FY Dec 2025 | +15.3% |
| FY Dec 2024 | +16.3% |
| FY Dec 2023 | +6.9% |
| FY Dec 2022 | +3.8% |
| FY Dec 2021 | +11.4% |
| Jun 2026 | +16.3% |
| Mar 2026 | +16.6% |
| Dec 2025 | +18.0% |
| Sep 2025 | +14.8% |
| Jun 2025 | +14.7% |
| Mar 2025 | +13.5% |
| Dec 2024 | +19.8% |
| Sep 2024 | +21.0% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$497.5M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM MORN
| FY Dec 2025 | $442.6M |
| FY Dec 2024 | $448.9M |
| FY Dec 2023 | $197.3M |
| FY Dec 2022 | $168.3M |
| FY Dec 2021 | $348.1M |
| Jun 2026 | $122.5M |
| Mar 2026 | $53.6M |
| Dec 2025 | $161.3M |
| Sep 2025 | $160.1M |
| Jun 2025 | $62.4M |
| Mar 2025 | $58.8M |
| Dec 2024 | $112.8M |
| Sep 2024 | $155.8M |
At each fiscal year end
Single quarter
Debt to equity
1.69x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity MORN
| FY Dec 2025 | 0.88x |
| FY Dec 2024 | 0.43x |
| FY Dec 2023 | 0.76x |
| FY Dec 2022 | 0.95x |
| FY Dec 2021 | 0.25x |
| Jun 2026 | 1.69x |
| Mar 2026 | 1.70x |
| Dec 2025 | 0.88x |
| Sep 2025 | 0.56x |
| Jun 2025 | 0.52x |
| Mar 2025 | 0.50x |
| Dec 2024 | 0.43x |
| Sep 2024 | 0.55x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.37x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt MORN
| FY Dec 2025 | 0.55x |
| FY Dec 2024 | 0.85x |
| FY Dec 2023 | 0.31x |
| FY Dec 2022 | 0.26x |
| FY Dec 2021 | 1.25x |
| Jun 2026 | 0.37x |
| Mar 2026 | 0.34x |
| Dec 2025 | 0.55x |
| Sep 2025 | 0.64x |
| Jun 2025 | 0.64x |
| Mar 2025 | 0.73x |
| Dec 2024 | 0.85x |
| Sep 2024 | 0.67x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+32.0%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity MORN
| FY Dec 2025 | +26.3% |
| FY Dec 2024 | +25.1% |
| FY Dec 2023 | +11.1% |
| FY Dec 2022 | +5.4% |
| FY Dec 2021 | +14.4% |
| Jun 2026 | +32.0% |
| Mar 2026 | +30.7% |
| Dec 2025 | +26.3% |
| Sep 2025 | +24.4% |
| Jun 2025 | +26.5% |
| Mar 2025 | +25.7% |
| Dec 2024 | +25.1% |
| Sep 2024 | +23.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+11.1%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets MORN
| FY Dec 2025 | +10.5% |
| FY Dec 2024 | +10.6% |
| FY Dec 2023 | +4.1% |
| FY Dec 2022 | +2.2% |
| FY Dec 2021 | +7.0% |
| Jun 2026 | +11.1% |
| Mar 2026 | +10.6% |
| Dec 2025 | +10.5% |
| Sep 2025 | +10.6% |
| Jun 2025 | +11.5% |
| Mar 2025 | +11.0% |
| Dec 2024 | +10.6% |
| Sep 2024 | +9.4% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+17.6%
operating income after a 25.1% effective tax rate, over long-term 2026-06-30 plus current 2026-06-30 plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital MORN
| FY Dec 2025 | +19.8% |
| FY Dec 2024 | +21.6% |
| FY Dec 2023 | +9.8% |
| FY Dec 2022 | +4.7% |
| FY Dec 2021 | +15.4% |
| Jun 2026 | +17.6% |
| Mar 2026 | +16.8% |
| Dec 2025 | +19.8% |
| Sep 2025 | +20.6% |
| Jun 2025 | +20.9% |
| Mar 2025 | +21.0% |
| Dec 2024 | +21.6% |
| Sep 2024 | +17.1% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+21.3%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed MORN
| FY Dec 2025 | +20.6% |
| FY Dec 2024 | +19.0% |
| FY Dec 2023 | +9.0% |
| FY Dec 2022 | +7.2% |
| FY Dec 2021 | +12.4% |
| Jun 2026 | +21.3% |
| Mar 2026 | +20.2% |
| Dec 2025 | +20.6% |
| Sep 2025 | +20.3% |
| Jun 2025 | +19.8% |
| Mar 2025 | +19.4% |
| Dec 2024 | +19.0% |
| Sep 2024 | +15.8% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
21.38x
close 2026-10-23 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing MORN
| FY Dec 2025 | 24.50x |
| FY Dec 2024 | 39.30x |
| FY Dec 2023 | 87.27x |
| FY Dec 2022 | 132.88x |
| FY Dec 2021 | 76.85x |
| Jun 2026 | 14.83x |
| Mar 2026 | 17.29x |
| Dec 2025 | 24.50x |
| Sep 2025 | 26.39x |
| Jun 2025 | 33.43x |
| Mar 2025 | 33.69x |
| Dec 2024 | 39.30x |
| Sep 2024 | 42.16x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$9.7B
market value at close 2026-10-23 on 2026-07-24 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2025-12-31
Enterprise value MORN
| FY Dec 2025 | $9.5B |
| FY Dec 2024 | $14.6B |
| FY Dec 2023 | $12.9B |
| FY Dec 2022 | $10.0B |
| FY Dec 2021 | $14.6B |
| Jun 2026 | $7.2B |
| Mar 2026 | $7.9B |
| Dec 2025 | $9.5B |
| Sep 2025 | $10.1B |
| Jun 2025 | $13.6B |
| Mar 2025 | $13.1B |
| Dec 2024 | $14.6B |
| Sep 2024 | $14.2B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+5.9%
TTM free cash flow over market value at close 2026-10-23
FCF yield MORN
| FY Dec 2025 | +5.0% |
| FY Dec 2024 | +3.1% |
| FY Dec 2023 | +1.6% |
| FY Dec 2022 | +1.8% |
| FY Dec 2021 | +2.4% |
| Jun 2026 | +8.4% |
| Mar 2026 | +6.5% |
| Dec 2025 | +5.0% |
| Sep 2025 | +4.0% |
| Jun 2025 | +2.9% |
| Mar 2025 | +3.5% |
| Dec 2024 | +3.1% |
| Sep 2024 | +3.2% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
1.78x
P/E over trailing EPS growth of 12%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing MORN
| FY Dec 2025 | 7.00x |
| FY Dec 2024 | 0.24x |
| FY Dec 2023 | 0.86x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | 1.23x |
| Mar 2026 | 1.75x |
| Dec 2025 | 7.00x |
| Sep 2025 | 1.64x |
| Jun 2025 | 0.52x |
| Mar 2025 | 0.42x |
| Dec 2024 | 0.24x |
| Sep 2024 | 0.12x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $2.0B | $1.9B |
| Operating income | $526.6M | $484.8M | $230.6M | $167.8M |
| Net income | $374.2M | $369.9M | $141.1M | $70.5M |
| EPS (diluted) | 8.87 | 8.58 | 3.29 | 1.64 |
| Operating cash flow | $589.7M | $591.6M | $316.4M | $297.8M |
| Cash | $474.5M | $502.7M | $337.9M | $376.6M |
| Long-term debt | $1.1B | $698.6M | $972.4M | $1.1B |
| Buybacks | $787.0M | $11.6M | $1.4M | $226.0M |
| Dividends paid | $76.9M | $69.3M | $63.9M | $61.5M |
SEC XBRL, fiscal years, as known on 2026-10-27
MORN Stock Sonar score 6/7 axes
Find similar shapesCompareMORN ranks highest on profitability (82nd percentile) and growth (52nd), and lowest on insider conviction (3rd), among Financial Services peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
MORN filings, in plain words
Are Morningstar insiders buying or selling MORN?
In the 180 days to 2026-10-27, Morningstar insiders were net sellers, a net $38.1M across purchases and sales reported on Form 4, by 3 sellers.
Have members of Congress traded MORN?
Yes. In the year to 2026-10-27, 0 House members disclosed buying MORN and 1 House member disclosed selling it; the latest on record is a sale by April McClain Delaney dated 2026-05-06.
Are there planned insider sales of MORN?
Yes. 2 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $20.1M of stock; the latest, by Lyons William M, was filed 2026-08-03.
Read the full summary
In the 180 days to 2026-10-27, Morningstar insiders were net sellers of MORN, a net $38.1M across purchases and sales reported on Form 4 by 3 sellers. Most of that figure, $37.7M, came from a holder of 10% or more rather than an officer or director. 9% of the 138 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. In the year to 2026-10-27, 0 members of Congress disclosed buying MORN and 1 member disclosed selling it; the latest on record is a sale by April McClain Delaney dated 2026-05-06. Insiders filed 2 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $20.1M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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