Significant Insider Selling in Shares of Molina Healthcare (MOH) Continues

Monday, October 16, 2017 10:15 PM ET

Significant Insider Selling in Shares of Molina Healthcare (MOH) Continues

There was a significant sale of shares of Molina Healthcare by an insider today, as revealed in a form 4 document filed with the SEC. One insider — William Dentino, 10% Owner — disposed of 67,500 shares in the company having a market value of approximately $4,150,427. 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 disposition of 322,269 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 389,769 shares and have averaged 48,721 shares per transaction over this time period.

The level of buy/sell trading at Molina Healthcare is is higher than the 11 peer company average over the last 90-day period. The Managed Healthcare peer group saw 39 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 477,867 shares sold with company insiders selling 12,253 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 used to create and write this story.

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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