Molina Healthcare, Inc. (MOH) Insider Sells $4,140,900.00 in Stock

Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 45,000 shares of the company’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $92.02, for a total transaction of $4,140,900.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Thursday, January 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The shares were sold at an average price of $84.88, for a total transaction of $1,909,800.00.
  • On Tuesday, January 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The shares were sold at an average price of $86.71, for a total transaction of $5,852,925.00.
  • On Friday, December 15th, William Dentino sold 45,000 shares of Molina Healthcare stock. The shares were sold at an average price of $75.32, for a total transaction of $3,389,400.00.
  • On Monday, December 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The shares were sold at an average price of $74.13, for a total transaction of $1,667,925.00.
  • On Wednesday, December 13th, William Dentino sold 67,500 shares of Molina Healthcare stock. The shares were 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.

Shares of Molina Healthcare, Inc. (NYSE MOH) traded down $1.94 during trading on Friday, hitting $91.83. 1,660,272 shares of the stock were exchanged, compared to its average volume of 1,479,923. Molina Healthcare, Inc. has a 12 month low of $42.56 and a 12 month high of $93.98. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market cap of $5,250.00, a P/E ratio of -17.43, a PEG ratio of 1.18 and a beta of 0.97.

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

Several institutional investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Molina Healthcare by 0.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,240 shares of the company’s stock worth $432,000 after acquiring an additional 23 shares during the period. Amalgamated Bank lifted its holdings in shares of Molina Healthcare by 4.3% during the 2nd quarter. Amalgamated Bank now owns 6,237 shares of the company’s stock worth $431,000 after acquiring an additional 258 shares during the period. Mutual of America Capital Management LLC lifted its holdings in shares of Molina Healthcare by 0.9% during the 2nd quarter. Mutual of America Capital Management LLC now owns 35,140 shares of the company’s stock worth $2,431,000 after acquiring an additional 325 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in shares of Molina Healthcare by 2.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 16,659 shares of the company’s stock worth $1,152,000 after acquiring an additional 364 shares during the period. Finally, Thrivent Financial For Lutherans lifted its holdings in shares of Molina Healthcare by 6.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 8,580 shares of the company’s stock worth $594,000 after acquiring an additional 510 shares during the period.

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Molina Healthcare from a “neutral” rating to an “overweight” rating in a research report on Tuesday. Leerink Swann increased their target price on shares of Molina Healthcare from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. Zacks Investment Research upgraded shares of Molina Healthcare from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. Morgan Stanley increased their target price on shares of Molina Healthcare from $68.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, November 3rd. Finally, ValuEngine lowered shares of Molina Healthcare from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The company 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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