Over the last five years, shareholders of Motorola Solutions (NYSE:MSI) have seen significant gains, up 167%. Institutional investors collectively hold 87% of the company's stocks. However, recent activity shows that Panagora Asset Management Inc. has sold 13,898 shares of the company. Furthermore, their video security suite has received federal certification for data security. A buy recommendation has also been issued by B of A securities, and the company's stock recently hit a new 52-week high of $369.94. Despite the CEO's pay unlikely to increase this year, the company announced its Q1 2024 earnings which surpassed revenue estimates. Nevertheless, the firm's popularity with investors is currently threatened due to overpricing.
Continued positive news includes the company's strong Q4 results and its record Q4 and full-year sales and EPS growth. Motorola Solutions also recently acquired Silent Sentinel, a provider of specialized, long-range cameras, further bolstered their public safety AI innovation. However, investors may need to be cautious, as recent stock disposal by company insiders could possibly signal caution. Despite losing US$2.3 billion last week, the shareholders are still up 199% over five years.
Motorola Solutions MSI News Analytics from Sun, 22 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 19:13:43 GMT - Rumor -2
