Molina Healthcare Inc (NYSE:MOH) Director J Mario Md Molina sold 15,000 shares of the stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $64.75, for a total transaction of $971,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

J Mario Md Molina also recently made the following trade(s):

  • On Wednesday, August 2nd, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The shares were sold at an average price of $66.67, for a total transaction of $1,000,050.00.
  • On Monday, July 3rd, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The shares were sold at an average price of $68.58, for a total transaction of $1,028,700.00.
  • On Monday, June 12th, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The shares were sold at an average price of $66.09, for a total transaction of $991,350.00.

Shares of Molina Healthcare Inc (MOH) traded up 0.49% during midday trading on Thursday, reaching $64.97. 564,684 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $63.40 and a 200 day moving average price of $59.51. Molina Healthcare Inc has a 12 month low of $42.56 and a 12 month high of $72.79. The company’s market cap is $3.71 billion.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.86 by $0.87. Molina Healthcare had a negative net margin of 1.07% and a positive return on equity of 16.10%. The firm had revenue of $5 billion during the quarter, compared to the consensus estimate of $4.88 billion. During the same quarter in the prior year, the firm posted $0.67 earnings per share. The company’s revenue was up 14.7% on a year-over-year basis. Equities research analysts forecast that Molina Healthcare Inc will post ($2.96) earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently made changes to their positions in the company. Meadow Creek Investment Management LLC increased its position in shares of Molina Healthcare by 13.2% during the first quarter. Meadow Creek Investment Management LLC now owns 2,408 shares of the company’s stock valued at $110,000 after buying an additional 280 shares during the period. LS Investment Advisors LLC increased its position in shares of Molina Healthcare by 40.9% during the second quarter. LS Investment Advisors LLC now owns 1,829 shares of the company’s stock valued at $127,000 after buying an additional 531 shares during the period. Glen Harbor Capital Management LLC increased its position in shares of Molina Healthcare by 13.2% during the first quarter. Glen Harbor Capital Management LLC now owns 2,924 shares of the company’s stock valued at $133,000 after buying an additional 340 shares during the period. Meeder Asset Management Inc. bought a new stake in shares of Molina Healthcare during the second quarter valued at about $136,000. Finally, Riverhead Capital Management LLC increased its position in shares of Molina Healthcare by 64.2% during the second quarter. Riverhead Capital Management LLC now owns 2,463 shares of the company’s stock valued at $170,000 after buying an additional 963 shares during the period. Hedge funds and other institutional investors own 96.04% of the company’s stock.

MOH has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Molina Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 15th. Wolfe Research reissued a “market perform” rating and issued a $69.00 price objective on shares of Molina Healthcare in a research report on Monday, May 15th. Stifel Nicolaus lowered shares of Molina Healthcare from a “hold” rating to a “sell” rating and increased their price objective for the company from $47.00 to $60.00 in a research report on Wednesday, May 31st. ValuEngine raised shares of Molina Healthcare from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Morgan Stanley initiated coverage on shares of Molina Healthcare in a research report on Tuesday, June 6th. They issued an “underweight” rating and a $65.00 price objective on the stock. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. Molina Healthcare presently has an average rating of “Hold” and a consensus target price of $62.39.

About Molina Healthcare

Molina Healthcare, Inc offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other, which includes its Pathways Health and Community Support LLC (Pathways) business.

Insider Buying and Selling by Quarter for Molina Healthcare (NYSE:MOH)

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