New York, February 1, 2026, 13:57 (EST) — Market closed
- Morgan Stanley’s shares ended Friday at $182.80, marking a roughly 0.3% gain.
- Co-president Daniel A. Simkowitz disclosed the sale of 32,968 shares in a recent Form 4 filing.
- Attention shifts to the U.S. jobs report set for Feb. 6, with rate expectations poised to influence bank stocks.
Morgan Stanley shares drew attention after co-president Daniel A. Simkowitz offloaded 32,968 shares on Friday. The sales, priced between $182.06 and $183.05, averaged out to $182.6108 per share, according to a Form 4 filing. Post-sale, Simkowitz holds around 357,342 shares directly. The stock ended the day at $182.80, up roughly 0.3%, after fluctuating between $179.00 and $183.04. (SEC)
The disclosure arrives just before Monday’s reopen as investors remain uneasy about interest rate trajectories and their impact on Wall Street firms. For Morgan Stanley, strong trading activity and deal flow boost results — but only if clients keep participating.
U.S. stocks closed down Friday following the nomination of Kevin Warsh to replace Jerome Powell at the Federal Reserve, as investors digested earnings reports alongside inflation data. “Markets are calibrating to Trump’s pick of Kevin Warsh … and the outlook for monetary policy,” noted Michael Hans, chief investment officer at Citizens Wealth. (Reuters)
Simkowitz’s trade appeared in a Form 4, the mandatory disclosure insiders use to report stock transactions. The form doesn’t provide a reason for the sale; executives commonly offload shares for routine matters like tax payments or portfolio adjustments.
Friday marked the record date for Morgan Stanley’s upcoming quarterly dividend, set at $1.00 per share and payable on Feb. 13. Investors must own shares before the ex-dividend date to receive this payout. (Morgan Stanley)
The bank’s latest earnings report in mid-January revealed a rebound in investment-banking, with underwriting and advisory bouncing back after a sluggish period. CEO Ted Pick told analysts they’re monitoring the deal pipeline closely but said, “We’re keeping full watch on potential M&A … but we will continue to be patient.” (Reuters)
Goldman Sachs and JPMorgan Chase & Co., among others, usually move on the same key factors: shifts in rate expectations, swings in market volatility, and corporate clients’ appetite for issuing stock, debt, or chasing mergers.
Insider selling rarely offers a clear near-term signal. Yields can spike unexpectedly, risk appetite may shift, or capital markets could slow down again—each capable of hitting the sector hard, even if company-specific updates remain scarce.
Friday brings the next major hurdle: the U.S. Bureau of Labor Statistics will drop the January employment report at 8:30 a.m. ET. This figure has the power to shift rate expectations and shake up financial stocks. (Bls)
