MSCI Inc. (MSCI): $590.51
Market Cap: $45.85B
Enterprise Value: $50.08B
My favorite part of looking through insider purchases every single day is the unique companies that we come across. Over the past few days, we’ve seen insider purchases at a wide range of companies – including the pet food company Freshpet (FRPT) and the identification and data capture company Zebra Technologies (ZBRA), aptly named considering one of its main business operations is producing barcode scanners. This week, one of our top insider purchases came from a similarly unique company – MSCI (MSCI), a global provider of equity, fixed income, real estate indices.
Business
MSCI is a leading provider of critical decision support tools and services for the global investment community. In addition to providing these investment/finance related support tools and services, the company operates numerous stock market indices. The most notable of these is MSCI World – which tracks 1,296 large and mid-cap companies across 23 developed countries. Their other notable indices include the MSCI Emerging Markets Index and MSCI All Country World Index. As of December 31, 2024, MSCI served approximately 7,100 clients in more than 100 countries. The company’s largest client organization by revenue was BlackRock, which accounted for 10.2% of consolidated operating revenues. Most of these revenues were generated from fees based on the assets in BlackRock’s ETFs and non-ETF products based on MSCI’s indexes.