Thursday, October 05, 2017 10:15 PM ET
Insider Selling at Molina Healthcare (MOH) Continues with Significant Sale
There was a notable insider sale of Molina Healthcare shares today, as revealed in a filing with the SEC as — Dr J Mario Molina, Director — sold 15,000 shares in the company having a market value of approximately $1,015,931 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 sale of 279,545 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 294,545 shares and have averaged 42,078 shares per transaction over this time period.
Insider buy/sell trading at Molina Healthcare is greater than the 11 peer company average over the last 90-day period. The Managed Healthcare peer group saw 36 buy/sell trades during this period for an average of 3.3 transactions per company. The number of shares per buy/sell trade for Molina Healthcare insiders was also higher. Within the peer group there were 0 shares purchased and 435,143 shares sold with company insiders having sold 12,087 shares on average.
The data obtained in creating 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.
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