Molina Healthcare chief legal officer sells $1.62M in shares

Jeff D. Barlow, the chief legal officer at Molina Healthcare, recently sold a significant portion of the company's shares. On November 10, 2026, Mr. Barlow transferred 8,000 shares of Molina Healthcare's common stock, totaling $1.62 million. The shares were sold within a narrow price range of $203.01 to $203.07. The stock has seen a 52% return over the past year and is currently trading at $209.49.

Analysts consider the stock to be undervalued, with price targets ranging from $163 to $266. Following the sale, Barlow personally holds 59,313 shares of Molina Healthcare common stock, with future vesting scheduled over the next three years. Meanwhile, Molina Healthcare's third-quarter 2026 results exceeded Wall Street expectations, with adjusted earnings of $0.89 per share and revenue of $11.08 billion.

Despite this strong performance, the company has not increased its full-year guidance. Analysts from Bernstein and Mizuho have maintained their "Outperform" ratings, with price targets of $266.00 and $255.00, respectively. Jefferies raised its price target to $220 and assigned a "Hold" rating, while Cantor Fitzgerald kept a "Neutral" rating with a $209.00 target.

These developments highlight the company's strong earnings performance but also caution about potential revenue and cost pressures.