Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 22,500 shares of Molina Healthcare stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $74.13, for a total transaction of $1,667,925.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • On Wednesday, December 13th, William Dentino sold 67,500 shares of Molina Healthcare stock. The stock was sold at an average price of $74.24, for a total transaction of $5,011,200.00.
  • On Friday, November 17th, William Dentino sold 45,000 shares of Molina Healthcare stock. The stock was sold at an average price of $75.35, for a total transaction of $3,390,750.00.
  • On Wednesday, November 15th, William Dentino sold 67,500 shares of Molina Healthcare stock. The stock was sold at an average price of $77.15, for a total transaction of $5,207,625.00.
  • On Monday, October 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The stock was sold at an average price of $61.49, for a total transaction of $4,150,575.00.
  • On Wednesday, October 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The stock was sold at an average price of $63.96, for a total transaction of $1,439,100.00.

Molina Healthcare, Inc. (MOH) traded up $1.01 during trading hours on Wednesday, hitting $75.09. 1,185,755 shares of the stock traded hands, compared to its average volume of 1,256,344. The company has a market cap of $4,215.25, a price-to-earnings ratio of 22.93 and a beta of 0.97. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.06. Molina Healthcare, Inc. has a 12 month low of $42.56 and a 12 month high of $80.74.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($1.62) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($1.85). The company had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $4.95 billion. Molina Healthcare had a negative net margin of 1.76% and a positive return on equity of 17.76%. The business’s revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.85 EPS. equities research analysts anticipate that Molina Healthcare, Inc. will post -3.88 EPS for the current fiscal year.

MOH has been the subject of several analyst reports. ValuEngine upgraded shares of Molina Healthcare from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Molina Healthcare from a “sell” rating to a “hold” rating in a report on Monday, November 6th. Jefferies Group raised their price target on shares of Molina Healthcare from $64.00 to $74.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Raymond James Financial restated a “hold” rating on shares of Molina Healthcare in a report on Friday, December 8th. Finally, BMO Capital Markets initiated coverage on shares of Molina Healthcare in a report on Monday, October 16th. They set a “market perform” rating and a $70.00 price target for the company. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $64.30.

Hedge funds have recently made changes to their positions in the business. Eagle Asset Management Inc. bought a new stake in Molina Healthcare during the 2nd quarter valued at $7,007,000. State Board of Administration of Florida Retirement System increased its stake in Molina Healthcare by 86.4% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 40,338 shares of the company’s stock valued at $2,791,000 after purchasing an additional 18,700 shares in the last quarter. Pacer Advisors Inc. increased its stake in Molina Healthcare by 5.1% during the 2nd quarter. Pacer Advisors Inc. now owns 12,358 shares of the company’s stock valued at $855,000 after purchasing an additional 598 shares in the last quarter. Keybank National Association OH increased its stake in Molina Healthcare by 10.5% during the 2nd quarter. Keybank National Association OH now owns 41,333 shares of the company’s stock valued at $2,859,000 after purchasing an additional 3,929 shares in the last quarter. Finally, Scout Investments Inc. increased its stake in Molina Healthcare by 36.6% during the 2nd quarter. Scout Investments Inc. now owns 614,535 shares of the company’s stock valued at $42,514,000 after purchasing an additional 164,677 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

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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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