At Morgan Stanley (NYSE:MS), the ratio of insider selling to insider buying over a quarter is running at 1273.93. Could this be a sign something is bothering insiders? MS recorded 3 sales count on the open market in the last three months. They sold nearly 7,146,730 shares while purchases amounted to 5,610 shares that period. Looking even further back to 12 months, corporate insiders offloaded 20,695,344 shares when buyers snapped up 748,140 shares. The 12-month’s totals signify about a 27.66-to-1 sell/buy ratio.
Wirth Paul C parted with a total of 20 thousand shares of Morgan Stanley (MS) at average share price of $56.91. This insider trade in the company took place on 02/26/2018. The total for the sales was set at $1.14 million. After this transaction, the Deputy CFO account balance stood at 186 thousand shares. The stock lost -26.66 percent since that insider sale. On 02/16/2018, Pruzan Jonathan, CFO, sold 52.2 thousand shares at a price per share of $55.35. This removed 2.89 million shares from the insider’s fortune and the stock saw a -24.59 percent retreat in value since the news became public. This transaction left 130.05 thousand shares in the CFO account.
On 02/15/2018, Chairman and CEO Gorman James P performed a sale transaction worth $5.53 million. This sale at $55.34 each has eliminated 100 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -24.58 percent decrease since the transaction was reported. The insider now is left with 1.27 million shares remaining in the account. Grossman Eric F, who performs the Chief Legal Officer job, sold 17.42 thousand shares for $953.28 thousand. The disposal occurred on 02/14/2018 was priced at $54.72 per share. The share price plunged -23.72 percent since the reporting date. Grossman Eric F now left with a stake of 188.67 thousand MS stock worth $7.88 million after the insider selling.
The 12-month median price target for Morgan Stanley (MS) assigned by the analysts stands at $51, which represents a return potential of 22.18 percent when compared to the closing price of the stock of $41.74 on Friday, January 11. The lowest price target for the stock is $42 — slightly more than 0.62 percent from MS’s current share price. The stock will probably climb 26.26 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $72-month high price target. This represents a whopping 72.5 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 53.23 on daily chart, which may remain a cause for concern. If the price breaks below $40.61 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $42.09 mark may result into a pull-back move towards $42.43 level. The stock is currently hovering around the first support level of $41.18. Below this, the next support is placed in the zone of $40.61. Till the time, the MS stock trades above this level, bulls have nothing to fear.
Shares of Morgan Stanley (MS) are trading at a P/E ratio of 9.32 times earnings reported for the past 12 months. The industry MS operates in has an average P/E of 33.26. Its P/E ratio went as low as 10.92X and as high as 24.15 over the 5-year span. Further, it is sporting a 1.44 on the Price-to-Sales ratio. Compare this with the industry average P/S of 4.78. 73.6 percent is the gross profit margin for Morgan Stanley and operating margin sits at 23.9 percent. Along with this, the net profit margin is 14.8 percent.
On 11th of January, Morgan Stanley (NYSE:MS) shares ended higher after a volatile session. The shares accumulated 0.08 points or 0.19 percent at $41.74 with a light trade volume of 8.177 million shares. After opening the session at $41.28, the shares went as high as $41.87 and as low as $40.96, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $71.7 billion and now has 1.72 billion shares outstanding. Morgan Stanley (MS) stock has gained 2.76 percent of market value in 21 trading days.
MS stock has a trailing 3-year beta of 1.23, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $4.73 a share in the trailing twelve months. The stock’s value has surged 5.27 percent year to date (YTD) against a decline of -22.6 percent in 12 month’s time. The company’s shares still trade -29.71 percent away from its 1-year high of $59.38 and 13.61 percent up from 52-week low of $36.74. The average consensus rating on the company is 2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.