Insider Selling: Motorola Solutions Inc (MSI) CAO Sells 45,577 Shares of Stock
Motorola Solutions Inc (NYSE:MSI) CAO John K. Wozniak sold 45,577 shares of the business’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $104.90, for a total transaction of $4,781,027.30. Following the sale, the chief accounting officer now directly owns 20,099 shares of the company’s stock, valued at approximately $2,108,385.10. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Motorola Solutions Inc (NYSE MSI) opened at $98.74 on Friday. Motorola Solutions Inc has a 1 year low of $77.23 and a 1 year high of $107.78. The company has a quick ratio of 1.24, a current ratio of 1.35 and a debt-to-equity ratio of -2.56. The company has a market cap of $16,000.00, a PE ratio of -92.28, a price-to-earnings-growth ratio of 2.06 and a beta of 0.40.
Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 EPS for the quarter, topping the consensus estimate of $2.04 by $0.06. Motorola Solutions had a negative net margin of 2.43% and a negative return on equity of 75.81%. The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the prior year, the firm earned $2.03 EPS. Motorola Solutions’s quarterly revenue was up 3.9% on a year-over-year basis. sell-side analysts forecast that Motorola Solutions Inc will post 6.24 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of MSI. Thrivent Financial For Lutherans lifted its stake in shares of Motorola Solutions by 2.3% in the 2nd quarter. Thrivent Financial For Lutherans now owns 6,290 shares of the communications equipment provider’s stock worth $545,000 after acquiring an additional 140 shares during the period. New Mexico Educational Retirement Board lifted its stake in shares of Motorola Solutions by 3.3% in the 4th quarter. New Mexico Educational Retirement Board now owns 15,653 shares of the communications equipment provider’s stock worth $1,414,000 after acquiring an additional 500 shares during the period. First Manhattan Co. lifted its stake in shares of Motorola Solutions by 2.2% in the 4th quarter. First Manhattan Co. now owns 25,890 shares of the communications equipment provider’s stock worth $2,338,000 after acquiring an additional 564 shares during the period. Cibc Bank USA lifted its stake in shares of Motorola Solutions by 9.1% in the 4th quarter. Cibc Bank USA now owns 7,612 shares of the communications equipment provider’s stock worth $688,000 after acquiring an additional 637 shares during the period. Finally, CIBC Asset Management Inc lifted its stake in shares of Motorola Solutions by 2.5% in the 4th quarter. CIBC Asset Management Inc now owns 28,752 shares of the communications equipment provider’s stock worth $2,597,000 after acquiring an additional 709 shares during the period. Hedge funds and other institutional investors own 87.89% of the company’s stock.
TRADEMARK VIOLATION WARNING: This piece of content was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2018/02/09/insider-selling-motorola-solutions-inc-msi-cao-sells-45577-shares-of-stock.html.
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.
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.