Radnet Inc’s recent filing unveils that its EVP, Chief Science Officer Sorensen Alma Gregory unloaded Company’s shares for reported $3.11 million on May 23 ’25. In the deal valued at $56.48 per share,55,000 shares were sold. As a result of this transaction, Sorensen Alma Gregory now holds 1,160,509 shares worth roughly $67.61 million.
Then, Sorensen Alma Gregory sold 45,000 shares, generating $2,567,700 in total proceeds. Upon selling the shares at $57.06, the EVP, Chief Science Officer now owns 1,215,509 shares.
Before that, ALMA GREGORY SORENSEN & KRISTI bought 55,000 shares. Radnet Inc shares valued at $3,106,565 were divested by the Director at a price of $56.48 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 Monday, Radnet Inc [NASDAQ:RDNT] saw its stock jump 1.34% to $58.26. Over the last five days, the stock has gained 2.91%. Radnet Inc shares have fallen nearly -16.58% since the year began. Nevertheless, the stocks have fallen -1.82% 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 $53.44, while 200 days put it at $63.76.
Levels Of Support And Resistance For RDNT Stock
The 24-hour chart illustrates a support level at 56.87, which if violated will result in even more drops to 55.49. On the upside, there is a resistance level at 59.26. A further resistance level may holdings at 60.27. The Relative Strength Index (RSI) on the 14-day chart is 58.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.25%. Stochastics %K at 34.53% indicates the stock is a holding.
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.
