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

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Molina Healthcare, Inc NYSE: MOH. In a filing disclosed on June 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Molina Healthcare stock on May 15th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

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

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

Molina Healthcare Trading Up 5.5%

Shares of Molina Healthcare stock traded up $9.91 during trading hours on Wednesday, hitting $190.55. The company's stock had a trading volume of 2,684,733 shares, compared to its average volume of 759,253. Molina Healthcare, Inc has a 12 month low of $175.00 and a 12 month high of $365.23. The stock has a 50 day moving average of $273.70 and a 200 day moving average of $298.06. The company has a market capitalization of $10.33 billion, a PE ratio of 9.20, a price-to-earnings-growth ratio of 1.11 and a beta of 0.55. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.63 and a quick ratio of 1.63.

Molina Healthcare (NYSE:MOH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $5.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.12 by ($0.64). Molina Healthcare had a return on equity of 28.38% and a net margin of 2.81%. During the same period in the prior year, the company earned $5.86 earnings per share. The firm's quarterly revenue was up 15.7% compared to the same quarter last year. Analysts predict that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MOH shares. Sanford C. Bernstein started coverage on Molina Healthcare in a report on Tuesday, April 22nd. They set an "outperform" rating and a $414.00 price objective for the company. Truist Financial cut their price objective on shares of Molina Healthcare from $400.00 to $335.00 and set a "buy" rating on the stock in a research report on Wednesday, July 16th. Wells Fargo & Company cut their price objective on shares of Molina Healthcare from $372.00 to $216.00 and set an "overweight" rating on the stock in a research report on Wednesday. Robert W. Baird reissued a "neutral" rating and issued a $375.00 price objective (up previously from $331.00) on shares of Molina Healthcare in a research report on Tuesday, April 15th. Finally, Barclays cut their price objective on shares of Molina Healthcare from $351.00 to $347.00 and set an "equal weight" rating on the stock in a research report on Monday, June 9th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $336.43.

Insiders Place Their Bets

In other news, CEO Joseph M. Zubretsky sold 87,500 shares of the company's stock in a transaction that occurred on Wednesday, April 30th. The stock was sold at an average price of $320.06, for a total value of $28,005,250.00. Following the completion of the transaction, the chief executive officer owned 257,715 shares of the company's stock, valued at $82,484,262.90. This represents a 25.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Richard M. Schapiro sold 669 shares of the stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $320.50, for a total value of $214,414.50. Following the completion of the sale, the director directly owned 11,244 shares of the company's stock, valued at approximately $3,603,702. The trade was a 5.62% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by insiders.

Institutional Trading of Molina Healthcare

A number of hedge funds have recently made changes to their positions in MOH. Amalgamated Bank raised its holdings in shares of Molina Healthcare by 0.3% during the 1st quarter. Amalgamated Bank now owns 11,580 shares of the company's stock worth $3,814,000 after buying an additional 33 shares in the last quarter. Deseret Mutual Benefit Administrators raised its holdings in shares of Molina Healthcare by 60.7% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 90 shares of the company's stock worth $30,000 after buying an additional 34 shares in the last quarter. JLB & Associates Inc. raised its holdings in shares of Molina Healthcare by 0.3% during the 1st quarter. JLB & Associates Inc. now owns 10,626 shares of the company's stock worth $3,500,000 after buying an additional 36 shares in the last quarter. PenderFund Capital Management Ltd. raised its holdings in shares of Molina Healthcare by 0.4% during the 1st quarter. PenderFund Capital Management Ltd. now owns 10,071 shares of the company's stock worth $3,317,000 after buying an additional 40 shares in the last quarter. Finally, Angeles Investment Advisors LLC raised its holdings in shares of Molina Healthcare by 5.4% during the 4th quarter. Angeles Investment Advisors LLC now owns 838 shares of the company's stock worth $244,000 after buying an additional 43 shares in the last quarter. 98.50% of the stock is owned by institutional investors and hedge funds.

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.