Lead Independent Director Kenneth Denman Sold A Bunch Of Shares In Motorola Solutions

Some Motorola Solutions, Inc. (NYSE:MSI) shareholders may be a little concerned to see that the Lead Independent Director, Kenneth Denman, recently sold a substantial US$537k worth of stock at a price of US$430 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 72% of their entire holding.

View our latest analysis for Motorola Solutions

The Last 12 Months Of Insider Transactions At Motorola Solutions

In the last twelve months, the biggest single sale by an insider was when the Chairman & CEO, Gregory Brown, sold US$14m worth of shares at a price of US$498 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$426. So it may not tell us anything about how insiders feel about the current share price.

In the last year Motorola Solutions insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Motorola Solutions insiders own 0.3% of the company, worth about US$222m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Motorola Solutions Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 2 warning signs for Motorola Solutions you should be aware of.

But note: Motorola Solutions may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.