Molina Healthcare Inc (NYSE:MOH) insider William Dentino sold 66,000 shares of Molina Healthcare stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $64.87, for a total transaction of $4,281,420.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

William Dentino also recently made the following trade(s):

  • On Monday, August 7th, William Dentino sold 66,000 shares of Molina Healthcare stock. The stock was sold at an average price of $60.09, for a total transaction of $3,965,940.00.
  • On Thursday, July 6th, William Dentino sold 66,000 shares of Molina Healthcare stock. The stock was sold at an average price of $68.68, for a total transaction of $4,532,880.00.

Molina Healthcare Inc (NYSE:MOH) traded up 0.49% during mid-day trading on Thursday, hitting $64.97. 564,684 shares of the company traded hands. The company’s 50-day moving average is $63.40 and its 200-day moving average is $59.51. Molina Healthcare Inc has a one year low of $42.56 and a one year high of $72.79. The stock’s market capitalization is $3.71 billion.

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

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A number of brokerages recently weighed in on MOH. Zacks Investment Research downgraded 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 set a $69.00 target price on shares of Molina Healthcare in a research note on Monday, May 15th. Stifel Nicolaus lowered shares of Molina Healthcare from a “hold” rating to a “sell” rating and boosted their target price for the company from $47.00 to $60.00 in a research note on Wednesday, May 31st. ValuEngine raised shares of Molina Healthcare from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Morgan Stanley began coverage on shares of Molina Healthcare in a research note on Tuesday, June 6th. They issued an “underweight” rating and a $65.00 price target for the company. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $62.39.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Molina Healthcare by 0.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,240 shares of the company’s stock worth $432,000 after buying an additional 23 shares during the last quarter. State Treasurer State of Michigan increased its holdings in Molina Healthcare by 0.6% during the first quarter. State Treasurer State of Michigan now owns 17,300 shares of the company’s stock worth $789,000 after buying an additional 100 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in Molina Healthcare by 2.7% during the second quarter. Nisa Investment Advisors LLC now owns 5,660 shares of the company’s stock worth $392,000 after buying an additional 150 shares during the last quarter. Advantus Capital Management Inc increased its holdings in Molina Healthcare by 2.9% during the first quarter. Advantus Capital Management Inc now owns 5,449 shares of the company’s stock worth $248,000 after buying an additional 153 shares during the last quarter. Finally, Retirement Systems of Alabama increased its holdings in Molina Healthcare by 0.3% during the second quarter. Retirement Systems of Alabama now owns 55,116 shares of the company’s stock worth $3,813,000 after buying an additional 167 shares during the last quarter. Institutional investors and hedge funds own 96.04% of the company’s stock.

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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