Motorola Solutions (NYSE:MSI) Stock: Insider James Niewiara Sells 180 Shares

Motorola Solutions, Inc. (NYSE:MSI) SVP James Niewiara sold 180 shares of Motorola Solutions stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $515.16, for a total value of $92,728.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Motorola Solutions Trading Up 1.5%

NYSE:MSI opened at $535.30 on Thursday. The firm has a market cap of $88.50 billion, a P/E ratio of 34.76, a PEG ratio of 2.87 and a beta of 0.86. The company has a current ratio of 1.10, a quick ratio of 0.85 and a debt-to-equity ratio of 3.03. The stock’s 50 day simple moving average is $470.50 and its 200-day simple moving average is $443.85. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $548.28.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 EPS for the quarter, topping the consensus estimate of $4.42 by $0.27. Motorola Solutions had a return on equity of 94.49% and a net margin of 16.54%. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.26 billion. During the same quarter in the prior year, the business earned $4.06 earnings per share. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. Equities analysts anticipate that Motorola Solutions, Inc. will post 15.90 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th were paid a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions’s payout ratio is currently 38.94%.

Trending Headlines about Motorola Solutions

Investors following MSI have been watching these headlines:

• 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

Institutional Investors Weigh In On Motorola Solutions

Large investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. acquired a new position in Motorola Solutions during the third quarter worth about $35,718,000. GW&K Investment Management LLC increased its stake in shares of Motorola Solutions by 17.8% during the 3rd quarter. GW&K Investment Management LLC now owns 139 shares of the communications equipment provider’s stock worth $62,000 after purchasing an additional 21 shares in the last quarter. Private Wealth Asset Management LLC increased its stake in shares of Motorola Solutions by 11,642.7% during the 3rd quarter. Private Wealth Asset Management LLC now owns 11,273 shares of the communications equipment provider’s stock worth $5,027,000 after purchasing an additional 11,177 shares in the last quarter. Alteri Wealth LLC purchased a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $411,000. Finally, Private Advisor Group LLC raised its position in shares of Motorola Solutions by 51.1% during the 3rd quarter. Private Advisor Group LLC now owns 6,591 shares of the communications equipment provider’s stock worth $2,940,000 after purchasing an additional 2,229 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating and issued a $476.00 target price (up from $470.00) on shares of Motorola Solutions in a research note on Thursday, August 6th. Piper Sandler reiterated an “overweight” rating and set a $533.00 price target (up from $531.00) on shares of Motorola Solutions in a research note on Thursday, November 5th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $545.00 to $570.00 and gave the stock an “overweight” rating in a research note on Thursday, November 5th. Bank of America reissued a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 6th. Finally, Evercore raised their price objective on shares of Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Motorola Solutions currently has an average rating of “Buy” and an average price target 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.