Msci president & coo Pettit CD Baer sells $2.84 million in stock

Published 07/03/2025, 22:06
Msci president & coo Pettit CD Baer sells $2.84 million in stock

In recent transactions, Pettit CD Baer, the President and Chief Operating Officer of MSCI Inc . (NYSE:MSCI), sold a significant portion of the company’s stock. According to the latest SEC filings, Baer disposed of shares totaling approximately $2.84 million on March 5, 2025. The transaction comes as MSCI, currently valued at $43.64 billion, maintains strong financial metrics with an impressive gross profit margin of 82% and consistent dividend growth of over 30% in the last twelve months.

The sales were executed in multiple trades, with prices ranging from $565.78 to $569.62 per share. This activity was conducted under a Rule 10b5-1 trading plan that Baer adopted on December 4, 2024. Following these transactions, Baer now holds 299,787 shares of MSCI common stock. According to InvestingPro analysis, MSCI currently trades at a P/E ratio of 40, suggesting premium valuation levels.

These transactions come as part of regular trading activities and provide insight into the executive’s current holdings in the company. MSCI Inc. is a global provider of investment decision support tools, and such insider transactions are closely monitored by investors for potential insights into the company’s prospects. InvestingPro subscribers can access detailed financial health metrics, comprehensive valuation analysis, and 8 additional key insights about MSCI’s current market position and future outlook.

In other recent news, MSCI Inc. reported its fourth-quarter 2024 earnings, surpassing expectations with an earnings per share (EPS) of $4.18, compared to the forecast of $3.96. Despite the positive earnings surprise, the company’s revenue slightly missed forecasts, coming in at $743.51 million. JPMorgan adjusted its price target for MSCI to $680 from $700, maintaining an Overweight rating, while RBC Capital Markets reaffirmed an Outperform rating with a $675 price target. Analysts from both firms noted challenges and opportunities, with JPMorgan highlighting MSCI’s margin expansion and RBC pointing to a conservative management outlook.

MSCI’s management expressed optimism for 2025, anticipating a return to double-digit growth in net new subscription sales. The company’s adjusted EBITDA expenses are projected to rise, particularly due to increased compensation and benefits. The Index segment, which made up 57% of fourth-quarter revenues, performed slightly better than expected, although other segments like Analytics and ESG & Climate fell short of projections.

Additionally, MSCI announced that board member Wayne Edmunds will retire and not seek re-election at the 2025 Annual Meeting of Shareholders. The company plans to reduce its board size from thirteen to twelve members following his departure. These developments are part of MSCI’s ongoing governance and oversight adjustments.

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