Company profile

Ticker
MSI
Exchange
CEO
Gregory Q. Brown
Employees
Incorporated in
Location
Fiscal year end
Former names
Motorola Inc
SEC CIK
IRS number
361115800

MSI stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

14 Feb 20
6 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 2.38B 1.99B 1.86B 1.66B
Net income 244M 267M 207M 151M
Diluted EPS 1.39 1.51 1.18 0.86
Net profit margin 10.27% 13.39% 11.13% 9.11%
Operating income 590M 413M 349M 229M
Net change in cash -137M 185M 67M -371M
Cash on hand 1B 1.14B 953M 886M
Cost of revenue 1.16B 987M 929M 884M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 7.89B 7.34B 6.38B 6.04B
Net income 868M 966M -155M 560M
Diluted EPS 4.95 5.62 -0.95 3.24
Net profit margin 11.01% 13.16% -2.43% 9.27%
Operating income 1.58B 1.26B 1.28B 1.05B
Net change in cash -256M 52M 238M -1.01B
Cash on hand 1B 1.26B 1.21B 967M
Cost of revenue 3.96B 3.86B 3.36B 3.17B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
27 Mar 20 Pramaggiore Anne R Motorola Solutions, Inc. - Common Stock Grant Aquire A 135.07 112 15.13K 21,162.264
27 Mar 20 Mondre Greg Common Stock Grant Aquire A 135.07 204 27.55K 14,485.801
27 Mar 20 Durban Egon Common Stock Grant Aquire A 135.07 186 25.12K 14,256.445
22 Mar 20 Bonanotte Gino A Motorola Solutions, Inc. - Common Stock Payment of exercise Dispose F 136.61 1,011 138.11K 51,612.461
22 Mar 20 Bonanotte Gino A Motorola Solutions, Inc. - Common Stock Option exercise Aquire M 0 2,280 0 52,623.461
22 Mar 20 Bonanotte Gino A Market Stock Units Motorola Solutions, Inc. - Common Stock Option exercise Dispose M 0 1,933 0 3,864
22 Mar 20 Hacker Mark S. Motorola Solutions, Inc. - Common Stock Payment of exercise Dispose F 136.61 758 103.55K 10,975
22 Mar 20 Hacker Mark S. Motorola Solutions, Inc. - Common Stock Option exercise Aquire M 0 1,709 0 11,733
22 Mar 20 Hacker Mark S. Market Stock Units Motorola Solutions, Inc. - Common Stock Option exercise Dispose M 0 1,449 0 2,898
86.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 753 709 +6.2%
Opened positions 136 98 +38.8%
Closed positions 92 66 +39.4%
Increased positions 268 246 +8.9%
Reduced positions 232 230 +0.9%
13F shares
Current Prev Q Change
Total value 309.22B 542.96B -43.0%
Total shares 147.62M 148.83M -0.8%
Total puts 2.53M 2.25M +12.7%
Total calls 1.12M 800.2K +39.8%
Total put/call ratio 2.3 2.8 -19.4%
Largest owners
Shares Value Change
BLK BlackRock 19.72M $3.18B -1.0%
Vanguard 19.54M $3.15B +4.4%
STT State Street 7.78M $1.26B +1.4%
N Price T Rowe Associates 5.53M $890.47M -0.5%
NEU Neuberger Berman 5.33M $859.28M +5.1%
Wellington Management 4.96M $798.62M +1.2%
IVZ Invesco 4.79M $771.45M -10.4%
Lazard Asset Management 3.08M $496.94M +6.6%
FMR 2.93M $472.02M -3.8%
Geode Capital Management 2.66M $428.39M +7.2%
Largest transactions
Shares Bought/sold Change
Parnassus Investments 1.38M -2.56M -64.9%
Norges Bank 1.65M +1.65M NEW
Coatue Management 0 -1.59M EXIT
BNP Paribas Arbitrage 463.7K -1.39M -74.9%
Vanguard 19.54M +815.31K +4.4%
Nuveen Asset Management 2.45M -697.16K -22.1%
BMO Bank Of Montreal 879.33K +654.49K +291.1%
Holocene Advisors 294.12K -619.25K -67.8%
GS Goldman Sachs 1.02M -600.22K -37.0%
IVZ Invesco 4.79M -555.98K -10.4%

Financial report summary

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Risks
  • We are subject to laws and regulations regarding privacy, data protection and information security, and our actual or perceived failure to comply with such legal obligations could adversely affect our business.
  • Existing or future privacy-related legislation and regulations pertaining to artificial intelligence that apply to us or to our customers may require us to change our current products and services and/or result in additional expenses, which could adversely affect our business and results of operations. We could suffer reputational damage from negative publicity related to products and services that utilize artificial intelligence, which could also adversely affect our business and results of operations.
  • A security breach or other significant disruption of our IT systems, those of our outsource partners, suppliers or those we manufacture, install, and in some cases operate and maintain for our customers, caused by cyber attack or other means, could have a negative impact on our operations, sales, and operating results.
  • A portion of our business is dependent upon U.S. government contracts and grants, which are highly regulated and subject to oversight audits by U.S. government representatives and subject to cancellations. Such audits could result in adverse findings and negatively impact our business.
  • Government regulation of radio frequencies may limit the growth of public safety narrowband and broadband systems or reduce barriers to entry for new competitors.
  • The expansion of our video security and software businesses creates a greater risk than we have been exposed to in the past that we may not be able to properly assess or mitigate.
  • The expansion of our services business creates increased areas of risk that we may not be able to properly assess or mitigate.
  • Our success depends in part on our timely introduction of new products and technologies and our results can be impacted by the effectiveness of our significant investments in new products and technologies.
  • We face many risks relating to intellectual property rights.
  • If the quality of our products does not meet our customers' expectations or regulatory or industry standards, then our sales and operating earnings, and ultimately our reputation, could be negatively impacted.
  • We face a number of risks related to current global economic and political conditions, including low economic growth rates in certain markets, the impact of currency fluctuations, commodity price volatility, and unstable political conditions that have and could continue to unfavorably impact our business.
  • We face uncertainty in the global geopolitical landscape that may impede the implementation of our strategy outside the United States.
  • A significant amount of our international business is transacted in local currency and a significant percentage of our cash and cash equivalents are held outside of the United States, which exposes us to risk relating to currency fluctuations, changes in foreign exchange regulations and repatriation delays and costs, which could negatively impact our sales, profitability and financial flexibility.
  • We enter into fixed-price contracts that could subject us to losses in the event we fail to properly estimate our costs or hedge our risks associated with currency fluctuations.
  • We expect to continue to make strategic acquisitions of other companies or businesses and these acquisitions introduce significant risks and uncertainties, including risks related to integrating the acquired businesses and achieving benefits from the acquisitions.
  • We derive a portion of our revenue from government customers who award business through competitive bidding which can involve significant upfront costs and risks. This effort may not result in awards of business or we may fail to accurately estimate the costs to fulfill contracts awarded to us, which could have adverse consequences on our future profitability.
  • We may not continue to have access to the capital markets for financing on acceptable terms and conditions, particularly if our credit ratings are downgraded, which could limit our ability to repay our indebtedness and could cause liquidity issues.
  • Our future operating results depend on our ability to purchase at acceptable prices a sufficient amount of materials, parts, and components, as well as software and services, to meet the demands of our customers and any disruption to our suppliers or significant increase in the price of supplies could have a negative impact on our results of operations.
  • Over the last several years we have outsourced portions of certain business operations like IT, HR information systems, manufacturing, repair, distribution and engineering services and expect to outsource additional business operations. This outsourcing limits our control over these business operations and exposes us to additional risk as a result of the actions of our outsource partners.
  • Our sales within a quarter are not linear, with a substantial percentage of products shipping in the final month of the quarter. This lack of linearity creates inefficiencies in our business performance and any interruption during this final month could have a substantial impact on our quarterly financial results.
  • We no longer own certain logos and other trademarks, trade names and service marks, including MOTOROLA, MOTO, MOTOROLA SOLUTIONS and the Stylized M logo and all derivatives and formatives thereof (“Motorola Marks”) and we license the Motorola Marks from Motorola Trademark Holdings, LLC (“MTH”), which is currently owned by Motorola Mobility, a subsidiary of Lenovo. Our joint use of the Motorola Marks could result in product and market confusion and negatively impact our ability to expand business under the Motorola brand. In addition, if we do not comply with the terms of the license agreement we could lose our rights to the Motorola Marks. Because of the change of control of Motorola Mobility, which is now owned by Lenovo, we may find that an incompatible third-party owns the Motorola Marks.
  • We utilize the services of subcontractors to perform under many of our contracts and the inability of our subcontractors to perform in a timely and compliant manner could negatively impact our ability to comply with our performance obligations as the prime contractor.
  • Failure of our suppliers, subcontractors, distributors, resellers and representatives to use acceptable legal or ethical business practices and adhere to our Supplier Code of Conduct or our Human Rights Policy could negatively impact our business.
  • Our employees, customers, suppliers and outsource partners are located throughout the world and, as a result, we face risks that other companies that are not global may not face.
  • Many of our components and some of our products, including software, are developed and/or manufactured by third-parties and in some cases designed by third-parties and if such third-parties lack sufficient quality control, change the design of components or if there are significant changes in the financial or business condition of such third-parties, it may have a negative impact on our business.
  • We are exposed to risks under large, multi-year system and services contracts that may negatively impact our business.
  • We completed a number of large divestitures in the past and these divestitures have resulted in less diversity of our business and our customer base, which could negatively impact our financial results in the event of a downturn in our mission critical communications business.
  • The accounting for convertible debt securities that may be settled in cash or in shares of common stock could have a material effect on our reported financial results.
  • Tax matters could have a negative impact on our financial condition and results of operations.
  • Our success depends in part upon our ability to attract, retain and prepare succession plans for senior management and key employees.
  • It may be difficult for us to recruit and retain the types of engineers and other highly-skilled employees that are necessary to remain competitive and layoffs of such skilled employees as a result of restructuring activities, or cost reductions or divestitures, may benefit our competitors.
  • Returns on pension and retirement plan assets and interest rate changes could affect our earnings and cash flows in future periods.
  • Changes in our operations or sales outside the U.S. markets could result in lost benefits in impacted countries and increase our cost of doing business.
  • We transferred a significant portfolio of intellectual property rights, including patents, to Motorola Mobility and Zebra and we are unable to leverage these intellectual property rights as we did prior to the distribution of Motorola Mobility or the sale of our Enterprise business.
  • We are subject to a wide range of product regulatory and safety, consumer, worker safety and environmental laws that continue to expand and could impact our ability to grow our business, could subject us to unexpected costs and liabilities and could impact our financial performance.
  • We may be unable to obtain components and parts that are verified to be Democratic Republic of Congo ("DRC") Conflict-Free, which could result in reputational damage if we disclose that our products include minerals that have been identified as “not found to be DRC Conflict-Free” or if we disclose that we are unable to determine whether such minerals are included in our products.
  • Any system or network disruption could have a negative impact on our operations, sales and operating results.
  • Increasing attention globally on supply chain vulnerabilities related to country of origin and national security could have an impact on our sales and operating results.
Content analysis ?
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