On November 19, 2024, Ranjan Jayanathan, Chief Information Officer at RadNet Inc, sold 38,557 shares of the company. Following this transaction, the insider now owns 192,724 shares of RadNet Inc.
RadNet Inc (RDNT, Financial) is a provider of outpatient diagnostic imaging services in the United States. The company operates a network of imaging centers, offering a range of services including MRI, CT, PET, nuclear medicine, mammography, ultrasound, and X-ray.
The insider transaction history for RadNet Inc indicates that there have been no insider buys over the past year, while there have been 16 insider sells during the same period. Over the past year, Ranjan Jayanathan has sold a total of 38,557 shares and purchased no shares.
On the day of the recent sale, shares of RadNet Inc were trading at $80 each, giving the stock a market cap of $6,018.374 million. With a price of $80 and a GuruFocus Value of $27.20, RadNet Inc has a price-to-GF-Value ratio of 2.94, indicating that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
