Motorola Solutions (NYSE:MSI) Stock: Insider James Niewiara Sells 2,086 Shares

Motorola Solutions, Inc. (NYSE:MSI) SVP James Niewiara sold 2,086 shares of the business’s stock in a transaction dated Monday, November 9th. The shares were 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. This trade represents a 10.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Motorola Solutions Stock Up 1.5%

MSI opened at $535.30 on Thursday. The business has a 50 day moving average price of $470.50 and a two-hundred day moving average price of $443.85. The company has a quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 3.03. The company has a market cap of $88.50 billion, a PE ratio of 34.76, a P/E/G ratio of 2.87 and a beta of 0.86. 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 analysts’ consensus estimates of $4.42 by $0.27. Motorola Solutions had a return on equity of 94.49% and a net margin of 16.54%. The company had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.26 billion. During the same period last year, the firm earned $4.06 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 15.90 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 16th were issued a dividend of $1.21 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.84 annualized dividend and a dividend yield of 0.9%. Motorola Solutions’s dividend payout ratio (DPR) is currently 38.94%.

Key Motorola Solutions News

Investors following MSI have been watching these news items:

• Positive Sentiment: Motorola Solutions beat third-quarter earnings and revenue estimates, raised its guidance and reported a record backlog. Shares rose about 7% after the results, supporting the recent move to a 52-week high. Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings? Motorola Solutions Reaches a Fresh 52-Week High
• Negative Sentiment: Multiple senior executives sold shares in transactions on November 6 and 9. CEO Gregory Brown sold about 70,800 shares; the CFO and COO also made sizable sales, alongside SVP sales including a roughly $1.1 million transaction. The scale of these sales could weigh on sentiment, although the filings do not explain the reasons. Motorola Solutions Insider Trades Motorola Solutions Insider Sells $1.1 Million in Stock

Hedge Funds Weigh In On Motorola Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in MSI. Evelyn Partners Asset Management Ltd purchased a new position in Motorola Solutions in the first quarter worth $1,052,000. ProShare Advisors LLC boosted its position in shares of Motorola Solutions by 8.5% during the 3rd quarter. ProShare Advisors LLC now owns 49,900 shares of the communications equipment provider’s stock worth $22,254,000 after purchasing an additional 3,911 shares in the last quarter. Mattern Capital Management LLC purchased a new stake in shares of Motorola Solutions during the 1st quarter worth $10,657,000. BNP Paribas boosted its position in shares of Motorola Solutions by 10.8% during the 2nd quarter. BNP Paribas now owns 29,636 shares of the communications equipment provider’s stock worth $12,307,000 after purchasing an additional 2,884 shares in the last quarter. Finally, First Nebraska Trust Co acquired a new position in shares of Motorola Solutions during the 1st quarter worth $11,361,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Morgan Stanley restated an “overweight” rating and set a $476.00 price objective (up from $470.00) on shares of Motorola Solutions in a research report on Thursday, August 6th. Evercore raised their target price on shares of Motorola Solutions from $525.00 to $550.00 in a research note on Thursday, October 8th. Barclays raised their target price 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. Finally, Truist Financial lifted their target price on shares of Motorola Solutions from $550.00 to $555.00 and gave the company a “buy” rating in a report on Thursday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $545.70.

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.