The transaction was disclosed in a filing with the SEC, which is accessible through this link. Zacks Investment Research's price objective indicates a potential upside of 5.26% from the company's current price. Following the completion of the transaction, the executive vice president now directly owns 107,242 shares of the company's stock, valued at $1,400,580.52. The stock has a market capitalization of $694.54, a price-to-earnings ratio of 49.31, a P/E/G ratio of 3.33 and a beta of 0.38.
Shares of RadNet stock remained flat at $$14.30 during trading on Thursday.
Turning to some additional indicators on the charts, Radnet Inc (RDNT) now has a 50-day Moving Average of 11.41, the 200-day Moving Average is 10.14, and the 7-day is noted at 13.99. Vanguard Group Inc. boosted its stake in RadNet by 4.2% during the second quarter. Cheyne Capital Management Uk Llp bought 237,493 shares as the company's stock rose 35.00% while stock markets declined. Following the transaction, the insider now directly owns 922,001 shares of the company's stock, valued at approximately $12,068,993.09.
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. It closed at $132.4 lastly. It has outperformed by 119.22% the S&P500.
Analysts await Gilead Sciences, Inc. (NYSE:C) to report earnings on April, 12. They expect $0.04 earnings per share, up 500.00 % or $0.05 from last year's $-0.01 per share. C's profit will be $4.15 billion for 10.82 P/E if the $1.62 EPS becomes a reality. After having $0.13 EPS previously, RadNet, Inc.'s analysts see -69.23% EPS growth.
Hooker Furniture Corp (HOFT) investors sentiment decreased to 1.36 in 2017 Q4. It's down -0.38, from 1.74 in 2017Q3. It worsened, as 58 investors sold C shares while 480 reduced holdings. 104 funds opened positions while 411 raised stakes. About 944,863 shares traded. Moreover, Connor Clark & Lunn Investment Management Ltd has 0.07% invested in Gilead Sciences, Inc. The company's stock had a trading volume of 527,634 shares, compared to its average volume of 470,111. Td Cap Mgmt Lc has 360 shares for 0.01% of their portfolio. Stifel Corporation accumulated 0.24% or 1.05 million shares. Sadoff Invest Mngmt Lc, Wisconsin-based fund reported 607,361 shares. Sarasin Ptnrs Llp has 1.40 million shares. Lingohr & Partner Asset Mgmt Gmbh reported 20,573 shares. The lowest sales estimate is $233.23 million and the highest is $236.45 million. Insiders now own 6.30% of total outstanding shares. MURRAY JOSEPH MICHAEL also sold $263,126 worth of Citigroup Inc. Callahan Don sold $536,410 worth of stock or 7,000 shares. Fraser Jane Nind also sold $2.51 million worth of Citigroup Inc. $8.02M worth of Gilead Sciences, Inc.
Among 40 analysts covering Citigroup Inc. BidaskClub upgraded shares of RadNet from a "buy" rating to a "strong-buy" rating in a report on Friday, March 23rd. As per Tuesday, September 5, the company rating was initiated by Vertical Group. Two investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. The firm earned "Hold" rating on Wednesday, October 4 by Oppenheimer. The rating was downgraded by Stifel Nicolaus on Monday, October 9 to "Hold". The rating was maintained by Nomura with "Buy" on Monday, July 17. Zacks Investment Research upgraded shares of RadNet from a "hold" rating to a "buy" rating and set a $11.00 price objective on the stock in a report on Thursday, January 4th. Therefore 70% are positive. FIX initiated coverage on shares of RadNet in a report on Wednesday, March 14th. One of the greatest investors of all time, Peter Lynch, is quoted as saying: "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise". The firm has "Hold" rating by Jefferies given on Tuesday, March 15. (NASDAQ:RDNT). After a recent check, the 50-day Moving Average is 11.65, the 200-day Moving Average is 10.24, and the 7-day is noted at 14.16. The stock presently has an average rating of "Strong Buy" and an average target price of $14.75. 3 are the (NASDAQ:RDNT)'s ratings reports on April 9, 2018 according to StockzIntelligence Inc. The firm has "Neutral" rating by Sterne Agee CRT given on Thursday, June 2. The stock has "Buy" rating by Jefferies on Thursday, November 9.
Greenwood Capital Associates Llc, which manages about $970.61 million and $429.27M US Long portfolio, upped its stake in Ishares (ILF) by 27,055 shares to 154,535 shares, valued at $5.28 million in 2017Q4, according to the filing.