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

Tuesday, January 16, 2018 10:15 PM ET

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

An insider — William Dentino, 10% Owner — disposed of 67,500 shares of Molina Healthcare having a market value of approximately $5,853,089 today, as disclosed in a form 4 document filed with the SEC. There have been 11 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 1,061,784 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,129,284 shares and have averaged 94,107 shares per transaction over this time period.

Insiders at Molina Healthcare have a level of buy/sell trades that is above the 11-peer company average over the last 90-day period. The 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 1,160,433 shares sold with company insiders having sold 29,755 shares on average.

The data used in creating 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.

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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