Investors Buy Motorola Solutions (MSI) on Weakness on Insider Selling

Investors bought shares of Motorola Solutions Inc (NYSE:MSI) on weakness during trading hours on Monday after an insider sold shares in the company. $51.98 million flowed into the stock on the tick-up and $13.95 million flowed out of the stock on the tick-down, for a money net flow of $38.03 million into the stock. Of all companies tracked, Motorola Solutions had the 24th highest net in-flow for the day. Motorola Solutions traded down ($0.27) for the day and closed at $126.49Specifically, EVP Mark S. Hacker sold 102,628 shares of Motorola Solutions stock in a transaction dated Friday, September 7th. The shares were sold at an average price of $127.01, for a total transaction of $13,034,782.28. Following the completion of the transaction, the executive vice president now directly owns 56,259 shares of the company’s stock, valued at approximately $7,145,455.59. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman Gregory Q. Brown sold 204,953 shares of Motorola Solutions stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $126.47, for a total transaction of $25,920,405.91. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 649,479 shares of company stock valued at $82,082,428. Corporate insiders own 2.20% of the company’s stock.

A number of analysts have weighed in on MSI shares. Jefferies Financial Group raised their price objective on shares of Motorola Solutions from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, August 28th. Credit Suisse Group set a $137.00 price objective on shares of Motorola Solutions and gave the company a “buy” rating in a research note on Monday, August 20th. JPMorgan Chase & Co. lowered shares of Motorola Solutions from a “neutral” rating to an “underweight” rating in a research note on Friday, August 3rd. Zacks Investment Research upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $137.00 price objective for the company in a research note on Tuesday, July 24th. Finally, Argus raised their price objective on shares of Motorola Solutions to $140.00 and gave the company a “buy” rating in a research note on Tuesday, August 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $130.23.

The company has a market cap of $20.44 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 2.00 and a beta of 0.43. The company has a debt-to-equity ratio of -3.55, a quick ratio of 1.09 and a current ratio of 1.23.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, August 2nd. The communications equipment provider reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.09. Motorola Solutions had a negative net margin of 0.97% and a negative return on equity of 70.84%. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same period in the previous year, the business posted $1.12 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. equities analysts forecast that Motorola Solutions Inc will post 6.57 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Stockholders of record on Friday, September 14th will be paid a $0.52 dividend. The ex-dividend date is Thursday, September 13th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.64%. Motorola Solutions’s dividend payout ratio is presently 40.00%.

Several hedge funds have recently made changes to their positions in MSI. Citizens Financial Group Inc RI grew its position in Motorola Solutions by 2,298.6% during the second quarter. Citizens Financial Group Inc RI now owns 55,983 shares of the communications equipment provider’s stock valued at $6,515,000 after buying an additional 53,649 shares during the period. Steward Partners Investment Advisory LLC grew its position in Motorola Solutions by 6.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 15,085 shares of the communications equipment provider’s stock valued at $1,755,000 after buying an additional 864 shares during the period. Winthrop Partners WNY LLC grew its position in Motorola Solutions by 42.5% during the second quarter. Winthrop Partners WNY LLC now owns 3,882 shares of the communications equipment provider’s stock valued at $452,000 after buying an additional 1,157 shares during the period. Global Financial Private Capital LLC grew its position in Motorola Solutions by 12.1% during the second quarter. Global Financial Private Capital LLC now owns 4,154 shares of the communications equipment provider’s stock valued at $483,000 after buying an additional 450 shares during the period. Finally, Montecito Bank & Trust bought a new stake in Motorola Solutions during the second quarter valued at approximately $243,000. Hedge funds and other institutional investors own 86.22% of the company’s stock.

About Motorola Solutions (NYSE:MSI)

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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