Insider Selling at Molina Healthcare (MOH) Continues with Significant Sale

Wednesday, September 20, 2017 10:15 PM ET

Insider Selling at Molina Healthcare (MOH) Continues with Significant Sale

A notable insider sale of the shares of Molina Healthcare was disclosed in a form 4 document filed with the SEC today, showing — John C Molina, Director — disposed of 22,737 shares in the company having a market value of approximately $1,500,783. There have been 6 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 315,408 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 338,145 shares and have averaged 48,306 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Molina Healthcare is higher than its 41-company peer group average. The Healthcare Facilities & Services peer group saw 47 buy/sell trades during this period for an average of 1.1 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 9,876,552 shares purchased and 7,191,657 shares sold with company insiders purchasing 89,497 shares on average over this time period.

The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, 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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