Motorola Solutions Inc’s filing revealed that 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 $3.07 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 $12.09 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 Friday, Motorola Solutions Inc [NYSE:MSI] saw its stock fall -0.73% to $346.48. Over the last five days, the stock has gained 2.01%. Motorola Solutions Inc shares have risen nearly 10.66% since the year began. Nevertheless, the stocks have risen 20.44% 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 $341.12, while 200 days put it at $309.82. A total of 0.6 million shares were traded, compared to the trading of 7671.0 shares in the previous session.
Levels Of Support And Resistance For MSI Stock
The 24-hour chart illustrates a support level at 345.38, which if violated will result in even more drops to 344.28. On the upside, there is a resistance level at 348.43. A further resistance level may holdings at 350.38. The Relative Strength Index (RSI) on the 14-day chart is 53.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.39, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 41.73%. Stochastics %K at 58.31% indicates the stock is a holding.
