Magellan Health Inc (MGLN) Files Form 4 Insider Buying : Jeffrey N West Buys 267 Shares

Magellan Health Inc (MGLN): Jeffrey N West , SVP & Controller of Magellan Health Inc purchased 267 shares on Jul 12, 2016. The Insider buying transaction was reported by the company on Jul 15, 2016 to the Securities and Exchange Commission. The shares were purchased at $51.99 per share for a total value of $13,881.33 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 19, 2016, Jeffrey N West (SVP & Controller) purchased 105 shares at $52.41 per share price.On Jun 25, 2015, Jonathan N Rubin (Chief Financial Officer) sold 324 shares at $73.00 per share price.Also, On Apr 1, 2015, Tina Blasi (CEO, National Imaging Assoc.) sold 10,527 shares at $70.02 per share price.On Mar 20, 2015, Clapper Caskie Lewis (Chief Human Resources Officer) sold 29,998 shares at $68.00 per share price.

Shares of Magellan Health Inc (MGLN) ended Friday, Jul 15, 2016 session in red amid volatile trading. The shares closed down -0.295 points or -0.43% at $68.735 with 1,65,960 shares getting traded. Post opening the session at $69.45, the shares hit an intraday low of $68.29 and an intraday high of $69.77 and the price vacillated in this range throughout the day. The company has a market cap of $1,702 M and the number of outstanding shares has been calculated to be 2,47,60,539 shares. The 52-week high of Magellan Health Inc is $71.88 and the 52-week low is $45.4.

Magellan Health Inc Money Flow Index Chart

Magellan Health Inc. (Magellan) formerly Magellan Health Services Inc. is engaged in the healthcare management business. The Company provides services to health plans managed care organizations (MCOs) employers labor unions military and governmental agencies third party administrators consultants and brokers. Its business is divided into five segments which include managed healthcare specialty solutions and pharmacy management. Two of its segments are in the managed healthcare business. The Managed Healthcare business consists of management of behavioral healthcare services and the management of physical and behavioral healthcare for special populations. The Specialty Solutions business consists of delivery of diagnostic imaging and a variety of other specialty areas. The Pharmacy Management business comprises products and solutions that provide clinical and financial management of drugs paid under medical and pharmacy benefit programs.

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