Friday, October 13, 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 revealed in a form 4 document filed with the SEC today, showing — William Dentino, 10% Owner — sold 22,500 shares in the company having a market value of approximately $1,439,003. There have been 7 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 299,769 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 322,269 shares and have averaged 40,284 shares per transaction over this time period.
Molina Healthcare insider trading represents a higher number of buy/sell trades than for the 11 peer company average over the last 90-day period. The Managed Healthcare peer group saw 38 buy/sell trades during this period for an average of 3.5 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 455,367 shares sold with company insiders disposing of 11,983 shares on average.
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 sourced to compose and write this story.
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