Motorola Solutions (NYSE:MSI) COO John Molloy Sells 40,982 Shares of Stock

Motorola Solutions, Inc. (NYSE:MSI) COO John Molloy sold 40,982 shares of the business’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $514.45, for a total value of $21,083,189.90. Following the completion of the transaction, the chief operating officer owned 69,330 shares in the company, valued at approximately $35,666,818.50. This trade represents a 37.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Motorola Solutions Stock Down 0.2%

Shares of NYSE:MSI opened at $526.89 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.85 and a debt-to-equity ratio of 3.03. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $548.28. The company has a fifty day simple moving average of $469.63 and a 200 day simple moving average of $443.19. The firm has a market cap of $87.11 billion, a PE ratio of 42.39, a price-to-earnings-growth ratio of 2.87 and a beta of 0.86.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share for the quarter, beating the consensus estimate of $4.42 by $0.27. The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.26 billion. Motorola Solutions had a return on equity of 94.49% and a net margin of 16.54%. Motorola Solutions’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $4.06 earnings per share. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 15.91 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, September 16th. Motorola Solutions’s payout ratio is presently 38.94%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MSI. State Street Corp grew its holdings in Motorola Solutions by 4.3% during the second quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock worth $3,269,332,000 after acquiring an additional 323,725 shares during the period. Aristotle Capital Management LLC acquired a new stake in Motorola Solutions in the 1st quarter valued at about $983,432,000. Amundi lifted its holdings in Motorola Solutions by 1.9% in the 1st quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock valued at $694,565,000 after acquiring an additional 30,264 shares during the last quarter. Bank of America Corp DE lifted its holdings in Motorola Solutions by 34.3% in the 1st quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock valued at $599,532,000 after acquiring an additional 352,679 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Motorola Solutions by 5.0% during the 1st quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock valued at $539,958,000 after purchasing an additional 59,294 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Key Headlines Impacting Motorola Solutions

Here are the key news stories impacting Motorola Solutions this week:

• Positive Sentiment: Motorola Solutions beat Q3 earnings expectations, raised its guidance and reported a record backlog. Its shares gained roughly 7% following the results, contrasting with a sharp post-earnings decline for competitor Axon. Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
• Negative Sentiment: Several senior leaders reported selling shares in transactions on November 6 and 9. CEO Gregory Brown sold about 70,800 shares, while the CFO, COO and multiple senior vice presidents also reported sales—about 141,000 shares combined. Such sizable insider selling can concern investors, though the filings alone do not establish the reason for the sales. CEO Form 4 filing CFO Form 4 filing COO Form 4 filing

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on MSI shares. Weiss Ratings cut Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. JPMorgan Chase & Co. upped 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. Raymond James Financial increased their price objective on shares of Motorola Solutions from $530.00 to $550.00 in a report on Thursday, August 6th. Bank of America reiterated a “buy” rating on shares of Motorola Solutions in a research note on Thursday, August 6th. Finally, Barclays boosted their target price on Motorola Solutions from $529.00 to $598.00 and gave the stock an “overweight” rating in a report on Thursday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and a consensus 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.