Motorola Solutions (NYSE:MSI) CFO Jason Winkler Sells 9,609 Shares of Company Stock

Motorola Solutions, Inc. (NYSE:MSI) CFO Jason Winkler sold 9,609 shares of the company’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $513.06, for a total value of $4,929,993.54. Following the completion of the transaction, the chief financial officer directly owned 11,319 shares of the company’s stock, valued at approximately $5,807,326.14. This trade represents a 45.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Motorola Solutions Stock Performance

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 stock has a 50-day moving average price of $469.63 and a 200 day moving average price of $443.19. The stock has a market capitalization of $87.11 billion, a P/E ratio of 42.39, a P/E/G ratio of 2.87 and a beta of 0.86.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, beating 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 company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter last year, the company earned $4.06 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Equities research analysts forecast that Motorola Solutions, Inc. will post 15.91 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Analysts Set New Price Targets

MSI has been the topic of several research analyst reports. Evercore boosted their target price on shares of Motorola Solutions from $525.00 to $550.00 in a report on Thursday, October 8th. Truist Financial upped their target price on shares of Motorola Solutions from $550.00 to $555.00 and gave the stock a “buy” rating in a research report on Thursday, November 5th. Bank of America reaffirmed a “buy” rating on shares of Motorola Solutions in a research note on Thursday, August 6th. UBS Group lifted their price target on shares of Motorola Solutions from $520.00 to $570.00 and gave the company a “buy” rating in a report on Thursday, November 5th. Finally, Weiss Ratings cut shares of Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $545.70.

Institutional Investors Weigh In On Motorola Solutions

Large investors have recently bought and sold shares of the business. Evelyn Partners Asset Management Ltd bought a new stake in shares of Motorola Solutions in the 1st quarter worth about $1,052,000. ProShare Advisors LLC lifted its holdings in shares of Motorola Solutions by 8.5% in the 3rd quarter. ProShare Advisors LLC now owns 49,900 shares of the communications equipment provider’s stock valued at $22,254,000 after acquiring an additional 3,911 shares during the last quarter. Mattern Capital Management LLC bought a new position in shares of Motorola Solutions in the 1st quarter valued at about $10,657,000. BNP Paribas lifted its holdings in shares of Motorola Solutions by 10.8% in the 2nd quarter. BNP Paribas now owns 29,636 shares of the communications equipment provider’s stock valued at $12,307,000 after acquiring an additional 2,884 shares during the last quarter. Finally, Lombard Odier Asset Management Switzerland SA bought a new position in shares of Motorola Solutions in the 1st quarter valued at about $2,204,000. Institutional investors own 84.17% of the company’s stock.

Key Motorola Solutions News

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

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.