Molina Healthcare Inc (MOH): Garrey Carruthers , director of Molina Healthcare Inc sold 1,600 shares on Sep 13, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $55.46 per share for a total value of $88,736.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 2, 2016, Ronna Romney (director) sold 250 shares at $55.00 per share price.On Aug 8, 2016, Frank E Md Murray (director) sold 2,500 shares at $58.37 per share price.Also, On Aug 8, 2016, Steven J Orlando (director) sold 2,500 shares at $58.82 per share price.On Aug 4, 2016, Terry Bayer (Chief Operating Officer) sold 8,250 shares at $58.00 per share price.
Molina Healthcare: On Monday, Sep 12, 2016 heightened volatility was witnessed in Molina Healthcare which led to swings in the share price. The shares opened for trading at $56.05 and hit $56.5 on the upside , eventually ending the session at $56.43, with a gain of 0.25% or 0.14 points. The heightened volatility saw the trading volume jump to 689,022 shares. The 52-week high of the share price is $81.95 and the company has a market cap of $3,205 M . The 52-week low of the share price is at $44.5.
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 Companys Health Plans segment consists of health plans in around 11 states and includes its direct delivery business. The Companys 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 Companys 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.