In a filing, Motorola Solutions Inc revealed its SVP, Communications & Brand YAZDI CYNTHIA unloaded Company’s shares for reported $1.59 million on Mar 01 ’24. In the deal valued at $334.30 per share,4,744 shares were sold. As a result of this transaction, YAZDI CYNTHIA now holds 8,858 shares worth roughly $3.0 million.
Then, YAZDI CYNTHIA sold 10,000 shares, generating $3,311,746 in total proceeds. Upon selling the shares at $331.17, the SVP, Communications & Brand now owns 8,858 shares.
Before that, MOLLOY JOHN P sold 31,602 shares. Motorola Solutions Inc shares valued at $9,994,691 were divested by the EVP and COO at a price of $316.27 per share. As a result of the transaction, MOLLOY JOHN P now holds 34,906 shares, worth roughly $11.82 million.
Evercore ISI initiated its Motorola Solutions Inc [MSI] rating to an Outperform in a research note published on March 25, 2024; the price target was $400. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. BofA Securities began covering MSI with “Buy” recommendation on October 09, 2023.
Price Performance Review of MSI
On Monday, Motorola Solutions Inc [NYSE:MSI] saw its stock fall -1.52% to $338.58. Over the last five days, the stock has lost -3.82%. Motorola Solutions Inc shares have risen nearly 8.14% since the year began. Nevertheless, the stocks have risen 16.99% over the past one year. While a 52-week high of $355.39 was reached on 03/28/24, a 52-week low of $269.64 was recorded on 01/05/24. SMA at 50 days reached $337.78, while 200 days put it at $307.57. A total of 0.78 million shares were traded, compared to the trading of 0.41 million shares in the previous session.
Levels Of Support And Resistance For MSI Stock
The 24-hour chart illustrates a support level at 335.43, which if violated will result in even more drops to 332.28. On the upside, there is a resistance level at 344.68. A further resistance level may holdings at 350.78. The Relative Strength Index (RSI) on the 14-day chart is 41.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.82%. Stochastics %K at 11.03% indicates the stock is a buying.
