Motorola Solutions (NYSE:MSI) has tumbled 0.16% during the past week and has dropped 2.07% in the last 4 week period. The company has outperformed the S&P 500 by 1.03% in the past week but underperformed the index by 2.96% in the last 4 weeks.
Motorola Solutions (NYSE:MSI): The stock opened at $67.82 on Friday but the bulls could not build on the opening and the stock topped out at $67.92 for the day. The stock traded down to $67.30 during the day, due to lack of any buying support eventually closed down at $67.33 with a loss of -0.69% for the day. The stock had closed at $67.80 on the previous day. The total traded volume was 3,816,850 shares.
The company shares have rallied 13.69% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $76.83 and the one year low was seen on Jul 7, 2015. The 50-Day Moving Average price is $69.93 and the 200 Day Moving Average price is recorded at $69.67.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Strategy & IO) of Motorola Solutions, Inc., Conrado Eduardo F had sold 976 shares worth of $68,398 in a transaction dated May 17, 2016. In this transaction, 976 shares were sold at $70.08 per share.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Northcoast Research, downgrades their rating on the shares of Motorola Solutions (NYSE:MSI). Northcoast Research has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on May 4, 2016. Currently the company Insiders own 2.55% of Motorola Solutions shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -28.52% . Institutional Investors own 88.41% of Motorola Solutions shares. During last six month period, the net percent change held by insiders has seen a change of -21.29%.
Motorola Solutions, Inc. provides communication infrastructure, devices, accessories, software and services. The Company operates business in two segments: Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories and software. The primary customers of the Products segment are Government, public safety and first-responder agencies, municipalities, and commercial and industrial customers. The Products segment has two principal product lines: devices and systems. The Services segment provides a set of service offerings for Government, public safety and commercial communication networks. The Services segment has the following principal product lines: Integration services, Lifecycle Support services, Managed services, Smart Public Safety Solutions and Integrated Digital Enhanced Network (iDEN) services. The Company serves customers in more than 100 countries.