Molina Healthcare Inc (MOH) Files Form 4 Insider Selling : Ronna Romney Sells 250 Shares

Molina Healthcare Inc (MOH): Ronna Romney , director of Molina Healthcare Inc sold 250 shares on Apr 11, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $62.80 per share for a total value of $15,700.00.

Currently the company Insiders own 6.89% of Molina Healthcare shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -8.41%.Institutional Investors own 89.51% of Molina Healthcare shares.During last six month period, the net percent change held by insiders has seen a change of -3.98%.

Shares of Molina Healthcare (MOH) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -2.28 points or -3.63% at $60.51 with 7,23,323 shares getting traded. Post opening the session at $62.8, the shares hit an intraday low of $60.28 and an intraday high of $62.8 and the price vacillated in this range throughout the day. The company has a market cap of $3,401 M and the number of outstanding shares has been calculated to be 5,61,99,000 shares. The 52-week high of Molina Healthcare is $82.37 and the 52-week low is $48.

Molina Healthcare Money Flow Index Chart

Molina Healthcare Inc. provides health care to those receiving Government assistance. The Company offers Medicaid-related solutions for low-income families and individuals and assists state agencies in their administration of the Medicaid program. The Company operates through two segments: Health Plans segment and Molina Medicaid Solutions segment. The Company’s Health Plans segment consists of health plans in around 11 states and includes its direct delivery business. The Company’s direct delivery business consists primarily of the management of a hospital in southern California and the operation of primary care clinics in several states in which the Company operates. The Company’s Molina Medicaid Solutions segment provides business processing and information technology development and administrative services to Medicaid agencies in Idaho Louisiana Maine New Jersey West Virginia and the United States Virgin Islands and drug rebate administration services in Florida.

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