The President of Radnet (RDNT) is Selling Shares


Today, the President of Radnet (NASDAQ: RDNT), Norman Hames, sold shares of RDNT for $191.6K.

In addition to Norman Hames, one other RDNT executive reported Sell trades in the last month.

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Based on Radnet’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $231 million and GAAP net loss of $7.34 million. In comparison, last year the company earned revenue of $229 million and had a GAAP net loss of $1.21 million. Currently, Radnet has an average volume of 82.59K. The Company has a Price to Book ratio of 7.7825.

The insider sentiment on Radnet has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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RadNet, Inc. provides freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders and reduce unnecessary invasive procedures.

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