Insider Selling: Motorola Solutions (NYSE:MSI) SVP Sells 2,086 Shares of Stock

Motorola Solutions, Inc. (NYSE:MSI) SVP James Niewiara sold 2,086 shares of the business’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $522.35, for a total value of $1,089,622.10. Following the completion of the transaction, the senior vice president owned 18,398 shares in the company, valued at $9,610,195.30. The trade was a 10.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Motorola Solutions Stock Performance

Shares of MSI traded down $1.08 on Tuesday, reaching $526.89. 1,248,994 shares of the company’s stock traded hands, compared to its average volume of 1,067,217. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13. The stock has a market cap of $87.20 billion, a PE ratio of 42.39, a PEG ratio of 2.97 and a beta of 0.86. The stock’s 50 day simple moving average is $468.79 and its two-hundred day simple moving average is $442.54. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $548.28.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share for the quarter, topping the consensus estimate of $4.42 by $0.27. The business had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.26 billion. Motorola Solutions had a return on equity of 99.35% and a net margin of 16.54%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.06 earnings per share. On average, analysts forecast that Motorola Solutions, Inc. will post 15.91 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th were paid a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, September 16th. Motorola Solutions’s payout ratio is presently 38.94%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MSI. UBS Group increased their price target on shares of Motorola Solutions from $520.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 5th. Northcoast Research lifted their price objective on shares of Motorola Solutions from $510.00 to $525.00 in a research report on Thursday, August 27th. Zacks Research downgraded shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Truist Financial increased their target price on shares of Motorola Solutions from $550.00 to $555.00 and gave the company a “buy” rating in a research report on Thursday, November 5th. Finally, Barclays raised their price target on shares of Motorola Solutions from $529.00 to $598.00 and gave the stock an “overweight” rating in a research note on Thursday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $545.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Western Wealth Management LLC bought a new position in Motorola Solutions during the first quarter worth about $27,000. Field & Main Bank purchased a new position in shares of Motorola Solutions in the second quarter worth about $31,000. Gen Wealth Partners Inc raised its position in shares of Motorola Solutions by 310.5% in the third quarter. Gen Wealth Partners Inc now owns 78 shares of the communications equipment provider’s stock valued at $35,000 after purchasing an additional 59 shares during the period. Lodestone Wealth Management LLC raised its position in shares of Motorola Solutions by 53.7% in the third quarter. Lodestone Wealth Management LLC now owns 83 shares of the communications equipment provider’s stock valued at $37,000 after purchasing an additional 29 shares during the period. Finally, Essential Partners LLC raised its position in shares of Motorola Solutions by 633.3% in the first quarter. Essential Partners LLC now owns 88 shares of the communications equipment provider’s stock valued at $38,000 after purchasing an additional 76 shares during the period. Institutional investors own 84.17% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc. provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology. The company’s offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.