In a filing, Motorola Solutions Inc revealed its Chairman and CEO BROWN GREGORY Q unloaded Company’s shares for reported $13.84 million on Nov 14 ’24. In the deal valued at $494.38 per share,28,000 shares were sold. As a result of this transaction, BROWN GREGORY Q now holds 22,377 shares worth roughly $ 9.8 million.
Then, Gregory Q Brown bought 28,000 shares, generating $13,928,600 in total proceeds.
Before that, BROWN GREGORY Q sold 60,000 shares. Motorola Solutions Inc shares valued at $29,777,992 were divested by the Chairman and CEO at a price of $496.30 per share. As a result of the transaction, BROWN GREGORY Q now holds 49,166 shares, worth roughly $21.54 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 -5.99% to $438.14. Over the last five days, the stock has lost -8.59%. Motorola Solutions Inc shares have fallen nearly -5.21% since the year began. Nevertheless, the stocks have risen 37.25% over the past one year. While a 52-week high of $507.82 was reached on 02/07/25, a 52-week low of $316.34 was recorded on 02/14/25. SMA at 50 days reached $469.81, while 200 days put it at $432.54.
Levels Of Support And Resistance For MSI Stock
The 24-hour chart illustrates a support level at 425.79, which if violated will result in even more drops to 413.43. On the upside, there is a resistance level at 461.54. A further resistance level may holdings at 484.93. The Relative Strength Index (RSI) on the 14-day chart is 29.68, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.33%. Stochastics %K at 12.62% indicates the stock is a buying.
How much short interest is there in Motorola Solutions Inc?
A steep rise in short interest was recorded in Motorola Solutions Inc stocks on 2025-01-31, dropping by -0.34 million shares to a total of 1.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 2.29 million shares. There was a decline of -17.39%, which implies that there is a negative sentiment for the stock.
