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

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 Intel (NASDAQ:INTC) 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 ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) 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 NVIDIA (NASDAQ:NVDA) on 1/29/2025.

MSCI Trading Up 0.1 %

NYSE:MSCI opened at $572.78 on Friday. The company has a market cap of $44.89 billion, a PE ratio of 40.74, a P/E/G ratio of 2.67 and a beta of 1.11. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The company’s 50 day moving average is $602.42 and its two-hundred day moving average is $586.05.

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

MSCI Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from MSCI’s previous quarterly dividend of $1.60. MSCI’s payout ratio is currently 45.52%.

Institutional Investors Weigh In On MSCI

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of MSCI during the fourth quarter worth $609,937,000. Bessemer Group Inc. grew its holdings in shares of MSCI by 16,353.6% during the fourth quarter. Bessemer Group Inc. now owns 587,557 shares of the technology company’s stock worth $352,539,000 after buying an additional 583,986 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of MSCI by 169.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 507,413 shares of the technology company’s stock worth $304,453,000 after buying an additional 319,083 shares in the last quarter. Edgewood Management LLC grew its holdings in shares of MSCI by 16.9% during 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. Finally, Raymond James Financial Inc. purchased a new stake in shares of MSCI during the fourth quarter worth $185,003,000. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez bought 2,900 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was acquired at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.