Insiders at Molina Healthcare (MOH) Make Significant Stock Sales Extends the Trend of Last Quarter

Thursday, September 07, 2017 10:15 PM ET

Insiders at Molina Healthcare (MOH) Make Significant Stock Sales Extends the Trend of Last Quarter

Molina Healthcare, today, saw two insiders — Dr J Mario Molina, Director, and William Dentino, 10% Owner — sell 81,000 shares having a market value of approximately $5,252,720, as disclosed in form 4 documents filed with the SEC. There have been 7 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 15,123 company shares and the disposition of 262,694 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 328,571 shares and have averaged 39,869 shares per transaction over this time period.

The number of insider buy/sell trades at Molina Healthcare is greater than that of the 41 peer company average over the last 90-day period. The Healthcare Facilities & Services peer group saw 55 buy/sell trades during this period for an average of 1.3 transactions per company. However, the number of shares traded per transaction by Molina Healthcare insiders is lower than its peers. Within the peer group there were 10,013,175 shares purchased and 7,787,708 shares sold with company insiders acquiring 65,455 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to evaluate and write this story.

Today’s Insider Activity
* Dr J Mario Molina, Director, sold 15,000 shares
* William Dentino, 10% Owner, sold 66,000 shares

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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