The Deputy CFO of Morgan Stanley (NYSE: MS) is Selling Shares

By Carrie Williams

Yesterday, the Deputy CFO of Morgan Stanley (MSResearch Report), Paul Wirth, sold shares of MS for $1.24M.

Following Paul Wirth’s last MS Sell transaction on February 28, 2019, the stock climbed by 8.0%. In addition to Paul Wirth, 2 other MS executives reported Sell trades in the last month.

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Based on Morgan Stanley’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $13.2 billion and quarterly net profit of $2.17 billion. In comparison, last year the company earned revenue of $12.52 billion and had a net profit of $2.11 billion. The company has a one-year high of $49.98 and a one-year low of $36.74. MS’s market cap is $80.09B and the company has a P/E ratio of 10.47.

The insider sentiment on Morgan Stanley has been neutral according to 65 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Paul Wirth’s trades have generated a -1.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Morgan Stanley provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management.