William Dentino Sells 22,500 Shares of Molina Healthcare, Inc. (MOH) Stock

Molina Healthcare, Inc. (NYSE:MOH) insider William Dentino sold 22,500 shares of Molina Healthcare stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $84.88, for a total transaction of $1,909,800.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • 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 shares were 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 shares were sold at an average price of $77.15, for a total transaction of $5,207,625.00.

Molina Healthcare, Inc. (NYSE MOH) opened at $91.97 on Thursday. 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 one year low of $42.56 and a one year high of $92.41. The company has a market cap of $5,250.00, a price-to-earnings ratio of -17.45, a P/E/G ratio of 1.11 and a beta of 0.97.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Thursday, November 2nd. The company reported ($1.62) EPS for the quarter, missing the 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 during the quarter, compared to analysts’ expectations of $4.95 billion. During the same period in the previous year, the firm earned $0.85 earnings per share. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. analysts anticipate that Molina Healthcare, Inc. will post -3.88 EPS for the current year.

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

Several research firms have commented on MOH. JPMorgan Chase & Co. raised shares of Molina Healthcare from a “neutral” rating to an “overweight” rating in a research note on Tuesday. Leerink Swann lifted their price target on shares of Molina Healthcare from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 9th. Goldman Sachs Group began coverage on shares of Molina Healthcare in a research note on Wednesday, January 3rd. They set a “neutral” rating and a $83.00 price target on the stock. Zacks Investment Research raised shares of Molina Healthcare from a “hold” rating to a “strong-buy” rating and set a $88.00 price target on the stock in a research note on Tuesday, January 2nd. Finally, Raymond James Financial reissued a “hold” rating on shares of Molina Healthcare in a research note on Friday, December 8th. Three 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 company. The company has a consensus 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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