Continued Level of Significant Insider Selling at Molina Healthcare (MOH)

Wednesday, October 25, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Molina Healthcare (MOH)

There was a significant sale of shares of Molina Healthcare by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — John C Molina, Director — sold 22,868 shares in the company having a market value of approximately $1,500,793. 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 414,985 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 437,853 shares and have averaged 54,732 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Molina Healthcare is above the 11-company peer group average. Managed Healthcare peer group saw 41 buy/sell trades during this period for an average of 3.7 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 570,958 shares sold with company insiders selling 13,926 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 obtained 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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