Molina Healthcare (MOH) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Wednesday, December 13, 2017 10:15 PM ET

Molina Healthcare (MOH) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

There was a significant level of insider selling revealed today in filings with the SEC for Molina Healthcare. Two insiders — Dr J Mario Molina, Required Filer, and William Dentino, 10% Owner — sold 706,232 shares in the company for approximately $52,157,298. There have been 11 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 426,345 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,132,577 shares and have averaged 87,121 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 36 buy/sell trades during this period for an average of 3.3 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 524,515 shares sold with company insiders selling 14,570 shares on average.

The data used in evaluating and writing in this story eliminates 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.

Today’s Insider Activity
* Dr J Mario Molina, Required Filer, sold 638,732 shares
* William Dentino, 10% Owner, sold 67,500 shares

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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