Significant Insider Selling Continues at Molina Healthcare (MOH)

Wednesday, October 18, 2017 10:15 PM ET

Significant Insider Selling Continues at Molina Healthcare (MOH)

A filing with the SEC today revealed a notable insider sale of Molina Healthcare shares as — William Dentino, 10% Owner — sold 22,500 shares in the company having a market value of approximately $1,374,433. 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 368,492 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 390,992 shares and have averaged 48,874 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Molina Healthcare is above the 11-company peer group average. 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 524,090 shares sold with company insiders having sold 13,438 shares on average.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data sourced 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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