Molina Healthcare Inc (NYSE:MOH) Director J Mario Md Molina sold 15,000 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $66.67, for a total value of $1,000,050.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

J Mario Md Molina also recently made the following trade(s):

  • On Monday, July 3rd, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The stock was sold at an average price of $68.58, for a total value of $1,028,700.00.
  • On Monday, June 12th, J Mario Md Molina sold 15,000 shares of Molina Healthcare stock. The stock was sold at an average price of $66.09, for a total value of $991,350.00.

Shares of Molina Healthcare Inc (NYSE:MOH) opened at 59.80 on Monday. Molina Healthcare Inc has a 1-year low of $42.56 and a 1-year high of $72.79. The firm’s market cap is $3.35 billion. The stock has a 50 day moving average price of $69.82 and a 200-day moving average price of $58.86.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.86 by $0.87. The business had revenue of $5 billion during the quarter, compared to the consensus estimate of $4.88 billion. Molina Healthcare had a positive return on equity of 16.10% and a negative net margin of 1.07%. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 earnings per share. On average, equities research analysts expect that Molina Healthcare Inc will post $2.20 earnings per share for the current fiscal year.

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MOH has been the subject of several research analyst reports. Zacks Investment Research upgraded Molina Healthcare from a “strong sell” rating to a “hold” rating in a research note on Monday, April 24th. Stifel Nicolaus upped their price target on Molina Healthcare from $45.00 to $47.00 and gave the stock a “hold” rating in a research note on Wednesday, May 3rd. TheStreet upgraded Molina Healthcare from a “c” rating to a “b” rating in a research note on Tuesday, May 2nd. Wolfe Research initiated coverage on Molina Healthcare in a research note on Friday, May 5th. They set a “market perform” rating and a $69.00 price target for the company. Finally, ValuEngine upgraded Molina Healthcare from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $60.75.

Several institutional investors have recently bought and sold shares of MOH. LS Investment Advisors LLC raised its position in Molina Healthcare by 40.9% in the second quarter. LS Investment Advisors LLC now owns 1,829 shares of the company’s stock worth $127,000 after buying an additional 531 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in Molina Healthcare during the second quarter worth approximately $136,000. Meadow Creek Investment Management LLC raised its position in Molina Healthcare by 13.2% in the first quarter. Meadow Creek Investment Management LLC now owns 2,408 shares of the company’s stock worth $110,000 after buying an additional 280 shares during the last quarter. Glen Harbor Capital Management LLC raised its position in Molina Healthcare by 13.2% in the first quarter. Glen Harbor Capital Management LLC now owns 2,924 shares of the company’s stock worth $133,000 after buying an additional 340 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in Molina Healthcare during the second quarter worth approximately $241,000. Institutional investors and hedge funds own 93.42% of the company’s stock.

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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