Molina Healthcare (MOH) Insider Makes Significant Share Sale

Thursday, February 22, 2018 10:15 PM ET

Molina Healthcare (MOH) Insider Makes Significant Share Sale

One insider — John C Molina, Director — today, sold 62,420 shares of Molina Healthcare having a market value of approximately $4,502,273, as revealed in a form 4 document filed with the SEC. There have been 6 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 962,606 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,025,026 shares and have averaged 146,432 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Molina Healthcare is greater than the 11-company peer group average. Managed Healthcare peer group saw 32 buy/sell trades during this period for an average of 2.9 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 1,086,783 shares sold with company insiders having sold 33,962 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 obtained to create 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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