MOH - Positive Signal: Daniel Cooperman Shows Faith Buying $54K In Molina Healthcare Stock | Benzinga
A significant insider buy by Daniel Cooperman, Director at Molina Healthcare (NYSE:MOH), was executed on January 3, and reported in the recent SEC filing.
What Happened: Cooperman demonstrated confidence in Molina Healthcare by purchasing 152 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the transaction is $54,919.
Molina Healthcare's shares are actively trading at $374.83, experiencing a up of 0.89% during Wednesday's morning session.
Unveiling the Story Behind Molina Healthcare
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.
Breaking Down Molina Healthcare's Financial Performance
Revenue Growth: Molina Healthcare displayed positive results in 3 months. As ...