Molina Healthcare Chief Legal Officer Jeff D Barlow Sells $3.78M in Company Stock
August 13, 2023
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Molina Healthcare ($NYSE:MOH) is a publicly traded managed care organization that provides health care services to low income families and individuals in the United States. The company operates through various health plans, including Medicaid, Medicare and Marketplace. On August 3, Jeff D Barlow, the Chief Legal Officer of Molina Healthcare, sold 12,500 shares of the company’s stock. According to the SEC filing, the total value of the transaction was approximately $3.78 million.
He has been a key figure in the development and execution of Molina’s legal strategies as well as its compliance programs. Barlow has extensive experience in healthcare law and has been instrumental in helping Molina Healthcare achieve its strategic goals.
Share Price
The sale comes at a time when the company’s stock is performing well – it opened that morning at $303.7 and closed the day at $311.0, up 2.7% from its prior closing price of $303.0. This increased performance indicates a boost in investor confidence in Molina Healthcare Inc., likely due to the success of its recent initiatives. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Molina Healthcare. More…
| Total Revenues | Net Income | Net Margin |
| 32.63k | 916 | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Molina Healthcare. More…
| Operations | Investing | Financing |
| 1.45k | -638 | -228 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Molina Healthcare. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.66k | 10.04k | 62.11 |
Key Ratios Snapshot
Some of the financial key ratios for Molina Healthcare are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.6% | 8.7% | 4.1% |
| FCF Margin | ROE | ROA |
| 4.1% | 24.2% | 6.1% |
Analysis
GoodWhale has completed an analysis of MOLINA HEALTHCARE‘s fundamentals. After studying the Star Chart, we can see that MOLINA HEALTHCARE is classified as a ‘gorilla’ – a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This makes MOLINA HEALTHCARE an attractive prospect for investors who are looking for growth opportunities. Furthermore, MOLINA HEALTHCARE has an impressive health score of 9/10, meaning that it is capable to sustain future operations in times of crisis due to its strong cashflows and debt. Additionally, MOLINA HEALTHCARE is strong in growth, profitability, and medium in asset, although weak in dividend. These metrics demonstrate the potential for MOLINA HEALTHCARE to remain a dominant player in their industry. All in all, we believe MOLINA HEALTHCARE is an ideal investment opportunity for investors who are seeking growth in a secure and stable company. More…
Peers
Its competitors include Centene Corp, Humana Inc, Anthem Inc.
– Centene Corp ($NYSE:CNC)
Centene Corporation is a health services company that provides access to quality, affordable health care for low-income individuals and families. It operates through three segments: Medicaid, Medicare, and Commercial. The Medicaid segment provides Medicaid services to eligible low-income individuals and families through government-sponsored programs. The Medicare segment provides Medicare Advantage, Part D prescription drug, and supplemental health benefits to Medicare-eligible individuals. The Commercial segment provides health insurance to individuals and families through the Health Care Exchanges and the individual market.
– Humana Inc ($NYSE:HUM)
Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. As of 2019, Humana ranked #4 in largest health insurers in the United States by revenue. founded in 1961, the company has about 50,000 employees as of 2016.
The company’s market cap is $64.61 billion as of 2022, and its return on equity is 17.4%. Humana provides health insurance coverage to over 13 million people in the United States, as well as pharmacy benefits management and other health services. The company serves customers through a network of over 60,000 physicians and 5,400 hospitals.
Summary
Molina Healthcare recently saw a major stock sale by its Chief Legal Officer, Jeff D Barlow, who sold 12,500 shares of the company’s stock for a total of $3.78M on August 3. This hefty trade could indicate that Barlow is confident in the future of Molina Healthcare’s stock price, and it may be a sign for investors to take notice. With this in mind, it could be wise for investors to consider Molina Healthcare as a good opportunity for long-term investments. However, further research into the company’s financials and its competitive landscape should be conducted before making a decision to invest.
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