Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 22,500 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $84.88, for a total value of $1,909,800.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, January 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The stock was sold at an average price of $86.71, for a total value of $5,852,925.00.
  • On Friday, December 15th, William Dentino sold 45,000 shares of Molina Healthcare stock. The stock was sold at an average price of $75.32, for a total value of $3,389,400.00.
  • On Monday, December 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The stock was sold at an average price of $74.13, for a total value of $1,667,925.00.
  • 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 value 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 value 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 value of $5,207,625.00.

Shares of Molina Healthcare, Inc. (NYSE MOH) traded up $3.81 during midday trading on Tuesday, reaching $89.63. The company had a trading volume of 2,308,036 shares, compared to its average volume of 1,394,614. The stock has a market capitalization of $5,120.00, a price-to-earnings ratio of -17.01, a P/E/G ratio of 1.13 and a beta of 0.97. Molina Healthcare, Inc. has a 52-week low of $42.56 and a 52-week high of $91.34. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.06.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Convergence Investment Partners LLC purchased a new stake in Molina Healthcare in the fourth quarter valued at approximately $1,190,000. Jana Partners LLC boosted its position in Molina Healthcare by 52.5% in the third quarter. Jana Partners LLC now owns 2,125,351 shares of the company’s stock valued at $146,139,000 after buying an additional 731,992 shares during the last quarter. Pura Vida Investments LLC purchased a new stake in Molina Healthcare in the third quarter valued at approximately $1,719,000. Sterling Capital Management LLC boosted its position in Molina Healthcare by 16.4% in the third quarter. Sterling Capital Management LLC now owns 24,946 shares of the company’s stock valued at $1,715,000 after buying an additional 3,516 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its position in Molina Healthcare by 23.0% in the 3rd quarter. Neuberger Berman Group LLC now owns 533,021 shares of the company’s stock worth $36,651,000 after purchasing an additional 99,543 shares in the last quarter.

A number of equities research analysts have recently weighed in on MOH shares. Mitsubishi UFJ Financial Group started coverage on Molina Healthcare in a research note on Thursday, September 21st. They set a “neutral” rating and a $70.00 price target on the stock. Zacks Investment Research lowered Molina Healthcare from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Jefferies Group boosted their price target on Molina Healthcare from $60.00 to $64.00 and gave the stock a “hold” rating in a research note on Friday, October 13th. BMO Capital Markets started coverage on Molina Healthcare in a research note on Monday, October 16th. They set a “market perform” rating and a $70.00 price target on the stock. Finally, Wolfe Research upgraded Molina Healthcare from a “market perform” rating to an “outperform” rating in a research note on Monday, October 23rd. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $70.86.

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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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