Molina Healthcare, Inc. (MOH) COO Terry Bayer Sells 2,804 Shares

Molina Healthcare, Inc. (NYSE:MOH) COO Terry Bayer sold 2,804 shares of the firm’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $91.63, for a total transaction of $256,930.52. Following the sale, the chief operating officer now owns 70,092 shares of the company’s stock, valued at $6,422,529.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Terry Bayer also recently made the following trade(s):

  • On Friday, November 3rd, Terry Bayer sold 5,778 shares of Molina Healthcare stock. The shares were sold at an average price of $76.00, for a total transaction of $439,128.00.
  • On Monday, November 6th, Terry Bayer sold 9,077 shares of Molina Healthcare stock. The shares were sold at an average price of $77.45, for a total transaction of $703,013.65.

Shares of Molina Healthcare, Inc. (MOH) traded up $0.30 during midday trading on Tuesday, hitting $92.27. 787,822 shares of the stock were exchanged, compared to its average volume of 1,430,087. 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 stock has a market cap of $5,270.00, a P/E ratio of -17.51, a PEG ratio of 1.07 and a beta of 0.97. Molina Healthcare, Inc. has a 12-month low of $42.56 and a 12-month high of $93.98.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Thursday, November 2nd. The company reported ($1.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($1.85). The company had revenue of $5.03 billion for 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%. The business’s revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 EPS. equities research analysts forecast that Molina Healthcare, Inc. will post -3.88 EPS for the current fiscal year.

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Molina Healthcare from a “neutral” rating to an “overweight” rating in a research note on Tuesday, January 16th. Zacks Investment Research upgraded shares of Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Leerink Swann raised their price target on shares of Molina Healthcare from $100.00 to $105.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. ValuEngine raised shares of Molina Healthcare from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, BMO Capital Markets assumed 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 on the stock. Three research analysts have rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $70.86.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Zions Bancorporation purchased a new position in shares of Molina Healthcare in the third quarter worth approximately $118,000. Tiedemann Wealth Management LLC boosted its holdings in shares of Molina Healthcare by 7.8% in the third quarter. Tiedemann Wealth Management LLC now owns 1,440,066 shares of the company’s stock worth $135,000 after buying an additional 103,775 shares during the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Molina Healthcare by 64.2% in the second quarter. Riverhead Capital Management LLC now owns 2,463 shares of the company’s stock worth $170,000 after buying an additional 963 shares during the last quarter. Sabal Trust CO purchased a new position in shares of Molina Healthcare in the third quarter worth approximately $206,000. Finally, Capstone Investment Advisors Netherlands B.V. purchased a new position in shares of Molina Healthcare in the second quarter worth approximately $249,000. 96.22% of the stock is currently owned by institutional investors.

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Molina Healthcare Company Profile

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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