Rep. Robert Bresnahan, Jr. Sells Off Shares of MSCI Inc. (NYSE:MSCI)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of MSCI Inc. (NYSE:MSCI). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in MSCI stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.

MSCI Stock Up 0.1 %

NYSE:MSCI opened at $572.78 on Friday. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45. The firm has a market capitalization of $44.89 billion, a P/E ratio of 40.74, a P/E/G ratio of 2.67 and a beta of 1.11. The stock’s fifty day simple moving average is $601.53 and its 200-day simple moving average is $586.26.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period last year, the firm posted $3.68 earnings per share. As a group, equities research analysts expect that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 1.26%. This is a positive change from MSCI’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend is Friday, February 14th. MSCI’s dividend payout ratio (DPR) is presently 45.52%.

Institutional Trading of MSCI

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp boosted its holdings in shares of MSCI by 0.4% in the 3rd quarter. State Street Corp now owns 3,192,364 shares of the technology company’s stock worth $1,860,925,000 after buying an additional 11,351 shares during the last quarter. Edgewood Management LLC lifted its holdings in shares of MSCI by 16.9% in the third quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock worth $1,279,904,000 after buying an additional 318,214 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of MSCI by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,897,456 shares of the technology company’s stock valued at $1,136,563,000 after acquiring an additional 35,094 shares during the period. Principal Financial Group Inc. grew its stake in MSCI by 8.0% during the fourth quarter. Principal Financial Group Inc. now owns 1,613,005 shares of the technology company’s stock valued at $967,820,000 after acquiring an additional 119,471 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in MSCI by 14.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock worth $925,531,000 after acquiring an additional 198,666 shares during the period. Institutional investors own 89.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Wolfe Research raised shares of MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. lowered their price objective on MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $675.00 price target on shares of MSCI in a report on Thursday, January 30th. Finally, The Goldman Sachs Group upgraded shares of MSCI from a “neutral” rating to a “buy” rating and upped their price target for the stock from $617.00 to $723.00 in a report on Wednesday, December 18th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, MSCI has an average rating of “Moderate Buy” and a consensus target price of $649.23.

Insiders Place Their Bets

In other MSCI news, CEO Henry A. Fernandez acquired 2,900 shares of the stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the acquisition, the chief executive officer now owns 330,379 shares in the company, valued at $202,456,251.20. The trade was a 0.89 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 3.20% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About MSCI

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.