Molina Healthcare Inc (NYSE:MOH) insider William Dentino sold 67,500 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $77.15, for a total value of $5,207,625.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • On Monday, October 16th, William Dentino sold 67,500 shares of Molina Healthcare stock. The shares were sold at an average price of $61.49, for a total value of $4,150,575.00.
  • On Wednesday, October 11th, William Dentino sold 22,500 shares of Molina Healthcare stock. The shares were sold at an average price of $63.96, for a total value of $1,439,100.00.
  • On Friday, September 8th, William Dentino sold 2,000 shares of Molina Healthcare stock. The shares were sold at an average price of $65.08, for a total value of $130,160.00.
  • On Thursday, September 7th, William Dentino sold 66,000 shares of Molina Healthcare stock. The shares were sold at an average price of $64.87, for a total value of $4,281,420.00.

Molina Healthcare Inc (NYSE MOH) opened at $74.79 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.29 and a quick ratio of 1.29. Molina Healthcare Inc has a 12 month low of $42.56 and a 12 month high of $80.65. The company has a market capitalization of $4,340.00, a PE ratio of 24.24 and a beta of 0.91.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data 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 company had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $4.95 billion. During the same period last year, the business earned $0.85 EPS. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. research analysts expect that Molina Healthcare Inc will post -3.88 EPS for the current fiscal year.

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Several equities research analysts recently commented on the company. BidaskClub cut Molina Healthcare from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Jefferies Group LLC raised their target price on Molina Healthcare from $60.00 to $64.00 and gave the stock a “hold” rating in a research report on Friday, October 13th. Wolfe Research raised Molina Healthcare from a “market perform” rating to an “outperform” rating in a research report on Monday, October 23rd. Morgan Stanley raised their target price on Molina Healthcare from $68.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, November 3rd. Finally, Zacks Investment Research raised Molina Healthcare from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $64.30.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pura Vida Investments LLC bought a new position in shares of Molina Healthcare in the third quarter worth about $1,719,000. Sterling Capital Management LLC raised its stake in Molina Healthcare by 16.4% during the 3rd quarter. Sterling Capital Management LLC now owns 24,946 shares of the company’s stock valued at $1,715,000 after purchasing an additional 3,516 shares during the period. Neuberger Berman Group LLC raised its stake in Molina Healthcare by 23.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 533,021 shares of the company’s stock valued at $36,651,000 after purchasing an additional 99,543 shares during the period. California Public Employees Retirement System raised its stake in Molina Healthcare by 12.7% during the 3rd quarter. California Public Employees Retirement System now owns 79,204 shares of the company’s stock valued at $5,446,000 after purchasing an additional 8,904 shares during the period. Finally, Zions Bancorporation bought a new stake in Molina Healthcare during the 3rd quarter valued at approximately $118,000. 95.04% of the stock is currently owned by hedge funds and other institutional investors.

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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