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Richard M. Schapiro net worth and biography

Richard Schapiro Biography and Net Worth

Director of Molina Healthcare

Richard Schapiro has served as a director since 2015. Mr. Schapiro is a retired corporate and investment banker with over 35 years of experience covering financial services and health care sectors. Mr. Schapiro joined Salomon Brothers Inc. in 1979 and over his 18 years at the firm covered thrifts, government agencies, and insurance companies. From 1997 to 1999, he ran the health care group at ING Baring Furman Selz and joined the fledging health care group at Bank of America Merrill Lynch in 1999 to cover managed care companies and expand the firm's investment banking business. After 15 years at Bank of America Merrill Lynch, he retired in 2014. Since April 2015, Mr. Schapiro has served as the Chief Executive Officer of SchapiroCo LLC, acting as a consultant to health care companies and helping design and implement their long-term capital plans. Mr. Schapiro also serves as an independent member of the board of directors of Transamerica Corporation. Mr. Schapiro graduated from Case Western Reserve University in 1977 with a Bachelor of Science Degree in Accounting, received his Juris Doctor Degree from New York Law School in 1980 and his Master's in Business Administration Degree from Bernard M. Baruch College (now the Zicklin School of Business) in 1980.

What is Richard M. Schapiro's net worth?: The estimated net worth of Richard M. Schapiro is at least $3.30 million as of February 20th, 2024. Mr. Schapiro owns 11,207 shares of Molina Healthcare stock worth more than $3,303,039 as of December 22nd. This net worth approximation does not reflect any other investments that Mr. Schapiro may own. Learn More about Richard M. Schapiro's net worth.
How do I contact Richard M. Schapiro?: The corporate mailing address for Mr. Schapiro and other Molina Healthcare executives is 200 OCEANGATE SUITE 100, LONG BEACH CA, 90802. Molina Healthcare can also be reached via phone at (562) 435-3666 and via email at [email protected]. Learn More on Richard M. Schapiro's contact information.
Has Richard M. Schapiro been buying or selling shares of Molina Healthcare?: Richard M. Schapiro has not been actively trading shares of Molina Healthcare over the course of the past ninety days. Most recently, Richard M. Schapiro sold 1,000 shares of the business's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $401.05, for a transaction totalling $401,050.00. Following the completion of the sale, the director now directly owns 11,207 shares of the company's stock, valued at $4,494,567.35. Learn More on Richard M. Schapiro's trading history.
Who are Molina Healthcare's active insiders?: Molina Healthcare's insider roster includes Jeff Barlow (Insider), Barbara Brasier (Director), Garrey Carruthers (Director), Daniel Cooperman (Director), Maurice Hebert (CAO), Mark Keim (CFO), Steven Orlando (Director), Ronna Romney (Director), Marc Russo (EVP), Richard Schapiro (Director), Thomas Tran (EVP), Dale Wolf (Director), James Woys (EVP), and Joseph Zubretsky (President, CEO & Director). Learn More on Molina Healthcare's active insiders.
Are insiders buying or selling shares of Molina Healthcare?: In the last year, insiders at the sold shares 7 times. They sold a total of 28,354 shares worth more than $10,485,226.52. The most recent insider tranaction occured on August, 15th when CAO Maurice Hebert sold 393 shares worth more than $136,182.36. Insiders at Molina Healthcare own 1.1% of the company. Learn More about insider trades at Molina Healthcare.
Information on this page was last updated on 8/15/2024.

Richard M. Schapiro Insider Trading History at Molina Healthcare

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/20/2024	Sell	1,000	$401.05	$401,050.00	11,207
2/12/2024	Sell	711	$384.06	$273,066.66	12,207
10/31/2022	Sell	3,000	$354.68	$1,064,040.00	12,042
2/16/2016	Buy	1,000	$56.00	$56,000.00	3,272

Richard M. Schapiro Buying and Selling Activity at Molina Healthcare

Molina Healthcare Company Overview

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.

Today's Range

Now: $294.73

$293.27

$299.70

50 Day Range

MA: $306.63

$274.73

$340.12

2 Week Range

Now: $294.73

$272.69

$423.92

Volume

1,515,980 shs

Average Volume

655,369 shs

Market Capitalization

$16.86 billion

P/E Ratio

14.97

Dividend Yield

N/A

Beta

0.54