Radnet Inc’s filing revealed that its President & COO-West Operation Norman R. Hames acquired Company’s shares for reported $0.74 million on Mar 17 ’25. In the deal valued at $49.42 per share,15,000 shares were bought.
Then, HAMES NORMAN R sold 5,000 shares, generating $251,100 in total proceeds. Upon selling the shares at $50.22, the Pres and COO-West Operations now owns 251,959 shares.
Before that, HAMES NORMAN R sold 5,000 shares. Radnet Inc shares valued at $248,950 were divested by the Pres and COO-West Operations at a price of $49.79 per share. As a result of the transaction, HAMES NORMAN R now holds 261,959 shares, worth roughly $13.96 million.
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 0.32% to $53.30. Over the last five days, the stock has gained 2.36%. Radnet Inc shares have fallen nearly -23.68% since the year began. Nevertheless, the stocks have risen 3.17% over the past one year. While a 52-week high of $93.65 was reached on 01/06/25, a 52-week low of $45.00 was recorded on 04/07/25. SMA at 50 days reached $51.10, while 200 days put it at $64.01.
Levels Of Support And Resistance For RDNT Stock
The 24-hour chart illustrates a support level at 52.48, which if violated will result in even more drops to 51.65. On the upside, there is a resistance level at 53.81. A further resistance level may holdings at 54.31. The Relative Strength Index (RSI) on the 14-day chart is 56.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.29%. Stochastics %K at 82.34% indicates the stock is a selling.
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.
