Insider Sales at Molina Healthcare (MOH) are Significant and Extend the Selling Trend of Last Quarter

Friday, December 29, 2017 10:15 PM ET

Insider Sales at Molina Healthcare (MOH) are Significant and Extend the Selling Trend of Last Quarter

Two insiders — Ronna Romney, Director, and John C Molina, Director — today, disposed of 19,683 shares of Molina Healthcare having a market value of approximately $1,520,258, as disclosed in form 4 documents filed with the SEC. 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 disposition of 1,152,325 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,172,008 shares and have averaged 90,154 shares per transaction over this time period.

The number of insider buy/sell trades at Molina Healthcare is greater than the 11 peer company average over the last 90-day period. The Managed Healthcare peer group saw 37 buy/sell trades during this period for an average of 3.4 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 1,199,546 shares sold with company insiders selling 32,420 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 evaluate and write this story.

Today’s Insider Activity
* Ronna Romney, Director, sold 250 shares
* John C Molina, Director, sold 19,433 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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