Richard M Schapiro, Board Member at Molina Healthcare (NYSE:MOH), reported a large insider buy on October 2, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Schapiro purchased 168 shares of Molina Healthcare. The total transaction amounted to $55,085.
Molina Healthcare shares are trading down 2.94% at $322.69 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, ...