Insider Selling: Motorola Solutions Inc (MSI) Chairman Sells $4,716,000.00 in Stock

Motorola Solutions Inc (NYSE:MSI) Chairman Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $94.32, for a total value of $4,716,000.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Motorola Solutions Inc (NYSE MSI) opened at $93.03 on Monday. The firm has a market capitalization of $15,070.86, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 4.14 and a beta of 0.35. Motorola Solutions Inc has a 1 year low of $76.92 and a 1 year high of $94.96. The company has a debt-to-equity ratio of -5.41, a quick ratio of 1.16 and a current ratio of 1.30.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.37 EPS. sell-side analysts forecast that Motorola Solutions Inc will post 5.14 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be given a dividend of $0.52 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. The ex-dividend date is Thursday, December 14th. This represents a $2.08 annualized dividend and a dividend yield of 2.24%. Motorola Solutions’s payout ratio is 48.08%.

Several equities analysts have recently weighed in on the company. Cowen reiterated a “market perform” rating and set a $83.00 price objective (up previously from $75.00) on shares of Motorola Solutions in a report on Wednesday, August 9th. Jefferies Group reiterated a “buy” rating and set a $105.00 price objective (up previously from $100.00) on shares of Motorola Solutions in a report on Wednesday, August 9th. Zacks Investment Research upgraded Motorola Solutions from a “sell” rating to a “hold” rating and set a $99.00 price objective on the stock in a report on Tuesday, August 8th. ValuEngine cut Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Finally, Deutsche Bank boosted their target price on Motorola Solutions from $73.00 to $78.00 and gave the company a “hold” rating in a research note on Monday, August 7th. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $95.08.

Several large investors have recently bought and sold shares of MSI. Gyroscope Capital Management Group LLC increased its holdings in shares of Motorola Solutions by 1.0% during the 2nd quarter. Gyroscope Capital Management Group LLC now owns 3,347 shares of the communications equipment provider’s stock worth $290,000 after acquiring an additional 32 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Motorola Solutions by 0.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 10,408 shares of the communications equipment provider’s stock worth $903,000 after acquiring an additional 34 shares during the last quarter. Pitcairn Co. increased its holdings in shares of Motorola Solutions by 0.5% during the 2nd quarter. Pitcairn Co. now owns 8,990 shares of the communications equipment provider’s stock worth $779,000 after acquiring an additional 42 shares during the last quarter. Rothschild Asset Management Inc. increased its holdings in shares of Motorola Solutions by 0.8% during the 2nd quarter. Rothschild Asset Management Inc. now owns 6,597 shares of the communications equipment provider’s stock worth $572,000 after acquiring an additional 51 shares during the last quarter. Finally, Smithfield Trust Co. increased its holdings in shares of Motorola Solutions by 2.7% during the 2nd quarter. Smithfield Trust Co. now owns 2,003 shares of the communications equipment provider’s stock worth $173,000 after acquiring an additional 53 shares during the last quarter. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

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About Motorola Solutions

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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

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