Molina Healthcare (NYSE:MOH) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Molina Healthcare, Inc. NYSE: MOH. In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Molina Healthcare stock on January 13th. The trade occurred in the Representative's "JOINT OWNERSHIP LPL ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 2/7/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 1/29/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Manhattan Associates NASDAQ: MANH on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 1/29/2025.

Molina Healthcare Trading Up 6.6 %

Shares of NYSE MOH traded up $17.69 during midday trading on Wednesday, reaching $286.25. 1,276,142 shares of the stock were exchanged, compared to its average volume of 674,504. The stock has a market capitalization of $15.89 billion, a P/E ratio of 14.01, a PEG ratio of 0.99 and a beta of 0.54. Molina Healthcare, Inc. has a twelve month low of $262.32 and a twelve month high of $423.92. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.62 and a current ratio of 1.62. The company has a 50 day simple moving average of $293.70 and a 200 day simple moving average of $315.01.

Molina Healthcare (NYSE:MOH - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $5.05 EPS for the quarter, missing the consensus estimate of $5.74 by ($0.69). Molina Healthcare had a return on equity of 28.13% and a net margin of 2.90%. As a group, equities analysts expect that Molina Healthcare, Inc. will post 24.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on MOH shares. Wells Fargo & Company boosted their target price on Molina Healthcare from $360.00 to $362.00 and gave the stock an "equal weight" rating in a research report on Monday, November 4th. Robert W. Baird lowered their price target on Molina Healthcare from $405.00 to $331.00 and set an "outperform" rating on the stock in a report on Thursday, October 24th. Truist Financial dropped their price target on Molina Healthcare from $370.00 to $340.00 and set a "buy" rating for the company in a research report on Wednesday. Cantor Fitzgerald restated an "overweight" rating and set a $406.00 target price on shares of Molina Healthcare in a report on Thursday, October 24th. Finally, StockNews.com cut Molina Healthcare from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $353.17.

Institutional Trading of Molina Healthcare

Several institutional investors and hedge funds have recently bought and sold shares of MOH. Public Sector Pension Investment Board grew its holdings in shares of Molina Healthcare by 13.5% during the third quarter. Public Sector Pension Investment Board now owns 2,527 shares of the company's stock valued at $871,000 after buying an additional 300 shares in the last quarter. CWM LLC increased its holdings in shares of Molina Healthcare by 76.2% in the 3rd quarter. CWM LLC now owns 4,001 shares of the company's stock valued at $1,379,000 after purchasing an additional 1,730 shares during the period. Tributary Capital Management LLC lifted its position in shares of Molina Healthcare by 76.1% in the fourth quarter. Tributary Capital Management LLC now owns 4,190 shares of the company's stock worth $1,219,000 after purchasing an additional 1,811 shares in the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Molina Healthcare during the fourth quarter worth approximately $544,000. Finally, SYM FINANCIAL Corp purchased a new position in Molina Healthcare during the fourth quarter valued at approximately $249,000. Institutional investors and hedge funds own 98.50% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Molina Healthcare Company Profile

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.