Motorola Solutions CAO John Wozniak Sells 1,000 Shares (MSI)
Motorola Solutions (NYSE:MSI) CAO John Wozniak sold 1,000 shares of the stock on the open market in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $58.00, for a total value of $58,000.00. Following the completion of the sale, the chief accounting officer now directly owns 22,732 shares in the company. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on MSI shares. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Motorola Solutions (NYSE:MSI) in a research note to investors on Thursday, September 12th. They now have a $57.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Motorola Solutions (NYSE:MSI) in a research note to investors on Thursday, August 22nd. They now have a $59.00 price target on the stock. Finally, analysts at Thomson Reuters/Verus downgraded shares of Motorola Solutions (NYSE:MSI) from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 5th.
Thirteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $58.64.
Motorola Solutions (NYSE:MSI) traded up 1.68% on Wednesday, hitting $59.26. The stock had a trading volume of 2,663,696 shares. Motorola Solutions has a 1-year low of $49.49 and a 1-year high of $64.72. The stock’s 50-day moving average is $56.68 and its 200-day moving average is $58.59. The company has a market cap of $15.755 billion and a price-to-earnings ratio of 16.59.
Motorola Solutions (NYSE:MSI) last released its earnings data on Wednesday, July 24th. The company reported $1.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.04 by $0.08. The company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter last year, the company posted $0.70 earnings per share. Motorola Solutions’s revenue was down 1.9% compared to the same quarter last year. On average, analysts predict that Motorola Solutions will post $4.40 earnings per share for the current fiscal year.
Motorola Solutions, Inc (NYSE:MSI) provides mission-critical communication infrastructure, devices, software and services.
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