Radnet Inc’s recently made public that its Director SWARTZ DAVID L unloaded Company’s shares for reported $1.27 million on Mar 07 ’25. In the deal valued at $50.84 per share,25,000 shares were sold. As a result of this transaction, SWARTZ DAVID L now holds 174,067 shares worth roughly $8.57 million.
Then, David Swartz bought 25,000 shares, generating $1,283,000 in total proceeds.
Before that, Wesdorp Cornelis bought 5,000 shares. Radnet Inc shares valued at $258,140 were divested by the Officer at a price of $51.63 per share.
Raymond James upgraded its Radnet Inc [RDNT] rating to a Strong buy from a an Outperform in a research note published on March 05, 2025; the price target was decreased to $65 from $85. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early September from “an Equal weight” to “an Overweight”. Barclays began covering RDNT with “an Equal weight” recommendation on March 06, 2024. Truist started covering the stock on August 31, 2023. It rated RDNT as “a Buy”.
Price Performance Review of RDNT
On Tuesday, Radnet Inc [NASDAQ:RDNT] saw its stock jump 2.46% to $49.24. Over the last five days, the stock has lost -5.00%. Radnet Inc shares have fallen nearly -29.50% since the year began. Nevertheless, the stocks have risen 1.44% over the past one year. While a 52-week high of $93.65 was reached on 01/06/25, a 52-week low of $42.45 was recorded on 02/28/25. SMA at 50 days reached $62.87, while 200 days put it at $65.76.
Levels Of Support And Resistance For RDNT Stock
The 24-hour chart illustrates a support level at 48.36, which if violated will result in even more drops to 47.49. On the upside, there is a resistance level at 49.94. A further resistance level may holdings at 50.65. The Relative Strength Index (RSI) on the 14-day chart is 28.34, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.10%. Stochastics %K at 14.70% indicates the stock is a buying.
The most recent change occurred on March 31, 2023 when CJS Securities began covering the stock and recommended ‘”a Market outperform”‘ rating along with a $30 price target.
