Insider Sale at Molina Healthcare (MOH) Continues Selling Trend

Thursday, October 19, 2017 10:15 PM ET

Insider Sale at Molina Healthcare (MOH) Continues Selling Trend

A significant insider sale of the shares of Molina Healthcare was indicated in a form 4 document filed with the SEC today, showing — John C Molina, Director — disposed of 23,993 shares in the company having a market value of approximately $1,500,777. 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 390,992 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 414,985 shares and have averaged 51,873 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Molina Healthcare is greater than the 11-company peer group average. Managed Healthcare peer group saw 40 buy/sell trades during this period for an average of 3.6 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 546,590 shares sold with company insiders disposing of 13,665 shares on average.

In order to focus on 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 data used to compose 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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