Insider Selling: Motorola Solutions, Inc. (NYSE:MSI) SVP Sells $778,770.00 in Stock

Motorola Solutions, Inc. (NYSE:MSIGet Rating) SVP Cynthia Yazdi sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $259.59, for a total value of $778,770.00. Following the completion of the transaction, the senior vice president now directly owns 1,510 shares of the company’s stock, valued at approximately $391,980.90. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Cynthia Yazdi also recently made the following trade(s):

  • On Tuesday, November 8th, Cynthia Yazdi sold 135 shares of Motorola Solutions stock. The shares were sold at an average price of $258.97, for a total value of $34,960.95.
  • On Monday, September 12th, Cynthia Yazdi sold 2,546 shares of Motorola Solutions stock. The shares were sold at an average price of $253.45, for a total value of $645,283.70.

Motorola Solutions Price Performance

NYSE MSI opened at $266.00 on Friday. The firm has a market cap of $44.48 billion, a PE ratio of 39.12, a price-to-earnings-growth ratio of 3.20 and a beta of 0.92. Motorola Solutions, Inc. has a one year low of $195.18 and a one year high of $273.65. The stock’s 50 day simple moving average is $239.19 and its 200 day simple moving average is $230.64.

Motorola Solutions (NYSE:MSIGet Rating) last posted its quarterly earnings data on Thursday, November 3rd. The communications equipment provider reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.88 by $0.12. Motorola Solutions had a negative return on equity of 533.01% and a net margin of 13.47%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the business earned $2.19 EPS. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. As a group, equities analysts expect that Motorola Solutions, Inc. will post 9.22 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Thursday, December 15th will be issued a dividend of $0.88 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.79. The ex-dividend date is Wednesday, December 14th. This represents a $3.52 annualized dividend and a yield of 1.32%. Motorola Solutions’s dividend payout ratio is currently 46.47%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Barclays upped their price objective on Motorola Solutions to $305.00 in a research note on Tuesday, August 9th. StockNews.com assumed coverage on Motorola Solutions in a research note on Wednesday, October 12th. They issued a “buy” rating on the stock. Credit Suisse Group lowered their price objective on Motorola Solutions from $301.00 to $300.00 and set a “market outperform” rating on the stock in a research note on Monday, November 7th. Cowen upped their price objective on Motorola Solutions to $311.00 in a research note on Tuesday, August 9th. Finally, Morgan Stanley lowered Motorola Solutions from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $240.00 to $260.00 in a research report on Wednesday, September 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $291.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Tcwp LLC acquired a new position in Motorola Solutions during the 1st quarter worth $54,000. Wedmont Private Capital acquired a new position in shares of Motorola Solutions in the 2nd quarter valued at $263,000. AGF Investments LLC acquired a new position in shares of Motorola Solutions in the 1st quarter valued at $470,000. Texas Permanent School Fund lifted its stake in shares of Motorola Solutions by 0.9% in the 2nd quarter. Texas Permanent School Fund now owns 22,097 shares of the communications equipment provider’s stock valued at $4,632,000 after purchasing an additional 190 shares during the period. Finally, Cetera Advisors LLC lifted its stake in shares of Motorola Solutions by 3.7% in the 1st quarter. Cetera Advisors LLC now owns 1,446 shares of the communications equipment provider’s stock valued at $350,000 after purchasing an additional 52 shares during the period. Institutional investors and hedge funds own 83.96% of the company’s stock.

About Motorola Solutions

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Motorola Solutions, Inc provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.

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

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