Motorola Solutions Inc (NYSE:MSI) CEO Gregory Q. Brown sold 85,471 shares of Motorola Solutions stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $177.99, for a total transaction of $15,212,983.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gregory Q. Brown also recently made the following trade(s):

  • On Monday, August 12th, Gregory Q. Brown sold 264,635 shares of Motorola Solutions stock. The stock was sold at an average price of $176.80, for a total transaction of $46,787,468.00.

NYSE MSI traded down $1.29 on Monday, reaching $175.02. The company’s stock had a trading volume of 949,293 shares, compared to its average volume of 866,639. The stock has a market capitalization of $29.64 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 3.18 and a beta of 0.56. The company’s 50-day moving average price is $169.95. Motorola Solutions Inc has a 52 week low of $108.25 and a 52 week high of $179.14.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, August 1st. The communications equipment provider reported $1.69 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.52 by $0.17. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Motorola Solutions had a net margin of 13.47% and a negative return on equity of 105.22%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.46 earnings per share. As a group, equities research analysts anticipate that Motorola Solutions Inc will post 7.35 earnings per share for the current fiscal year.

A number of research analysts have weighed in on the stock. Barclays assumed coverage on shares of Motorola Solutions in a research report on Wednesday, August 7th. They set an “overweight” rating and a $195.00 target price for the company. Raymond James boosted their target price on shares of Motorola Solutions from $160.00 to $182.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. MKM Partners boosted their target price on shares of Motorola Solutions to $170.00 in a research report on Friday, August 2nd. Zacks Investment Research lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating and set a $177.00 target price for the company. in a research report on Wednesday, July 3rd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $136.00 to $150.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $158.00.

A number of institutional investors have recently modified their holdings of MSI. Neuberger Berman Group LLC lifted its stake in shares of Motorola Solutions by 2.4% during the 1st quarter. Neuberger Berman Group LLC now owns 5,713,647 shares of the communications equipment provider’s stock worth $802,310,000 after buying an additional 134,923 shares during the last quarter. OppenheimerFunds Inc. lifted its stake in shares of Motorola Solutions by 1.2% during the 1st quarter. OppenheimerFunds Inc. now owns 4,465,388 shares of the communications equipment provider’s stock worth $627,029,000 after purchasing an additional 52,720 shares during the last quarter. Parnassus Investments CA lifted its stake in shares of Motorola Solutions by 0.4% during the 2nd quarter. Parnassus Investments CA now owns 4,136,173 shares of the communications equipment provider’s stock worth $689,624,000 after purchasing an additional 16,391 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Motorola Solutions by 12.3% during the 4th quarter. Geode Capital Management LLC now owns 2,456,130 shares of the communications equipment provider’s stock worth $282,258,000 after purchasing an additional 269,031 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of Motorola Solutions by 39.3% during the 1st quarter. FMR LLC now owns 1,847,513 shares of the communications equipment provider’s stock worth $259,427,000 after purchasing an additional 521,509 shares during the last quarter. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

About Motorola Solutions

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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Insider Buying and Selling by Quarter for Motorola Solutions (NYSE:MSI)

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