Yesterday, a Director at Radnet Inc (RDNT), Michael L. Sherman, sold shares of RDNT for $455.7K.
Following Michael L. Sherman’s last RDNT Sell transaction on March 22, 2019, the stock climbed by 2.3%. In addition to Michael L. Sherman, 2 other RDNT executives reported Sell trades in the last month.
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Based on Radnet Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $289 million and quarterly net profit of $4.9 million. In comparison, last year the company earned revenue of $244 million and had a net profit of $5.41 million. The company has a one-year high of $16.54 and a one-year low of $9.97. RDNT’s market cap is $758.4M and the company has a P/E ratio of 21.09.
The insider sentiment on Radnet Inc has been negative according to 27 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Michael L. Sherman’s trades have generated a 13.8% 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.
