The President of Radnet (RDNT) is Selling Shares


Today, the President of Radnet (NASDAQ: RDNT), Norman Hames, sold shares of RDNT for $195.6K.

Following Norman Hames’ last RDNT Sell transaction on March 16, 2018, the stock climbed by 0.6%. 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 76.68K. The Company has a Price to Book ratio of 7.8734.

The insider sentiment on Radnet has been negative according to 50 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Norman Hames’ trades have generated a -30.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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