The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Radnet Inc shares valued at $100,470 were sold by Wesdorp Cornelis on Aug 19 ’25. At $66.98 per share, Wesdorp Cornelis sold 1,500 shares. The insider’s holdings dropped to 54,495 shares worth approximately $3.74 million following the completion of this transaction.
Also, Jayanathan Ranjan sold 65,598 shares, netting a total of over 4,427,865 in proceeds. Following the sale of shares at $67.50 each, the insider now holds 138,198 shares.
Before that, Jayanathan Ranjan had added 70,000 shares to its account. In a trade valued at $4,452,000, the Officer bought Radnet Inc shares for $63.60 each.
As published in their initiating research note from B. Riley Securities on June 13, 2025, Radnet Inc [RDNT] has been a Buy and the price target has been revised to $69. Analysts at Raymond James upgraded the stock from ‘”an Outperform”‘ to ‘”a Strong buy”‘ outlook in a report released in early March. As of September 06, 2024, Barclays has increased its “an Equal weight” rating to a “an Overweight” for RDNT. Earlier on March 06, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for RDNT stock.
Analyzing RDNT Stock Performance
On last trading session, Radnet Inc [NASDAQ: RDNT] plunged -0.04% to $68.61. The stock’s lowest price that day was $68.0, but it reached a high of $69.42 in the same session. During the last five days, there has been a drop of approximately -0.20%. Over the course of the year, Radnet Inc shares have jumped approximately 7.35%. Shares of the company reached a 52-week high of $73.24 on 01/06/25 and a 52-week low of $45.00 on 04/07/25.
Support And Resistance Levels for Radnet Inc (RDNT)
According to the 24-hour chart, there is a support level at 67.89, which, if violated, would cause prices to drop to 67.16. In the upper region, resistance lies at 69.38. The next price resistance is at 70.14. RSI (Relative Strength Index) is 69.10 on the 14-day chart, showing neutral technical sentiment.
Is Radnet Inc subject to short interest?
Stocks of Radnet Inc saw a sharp steep in short interest on 2025-07-31 dropping by -0.25 million shares to 6.36 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 6.61 million shares. A decline of -3.9% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 9.83 of the overall float, the days-to-cover ratio (short ratio) decline to 9.83.
Which companies own the most shares of Radnet Inc (RDNT)?
In terms of Radnet Inc share price expectations, FactSet research, analysts set an average price target of 74 in the next 12 months, up nearly 7.81% from the previous closing price of $68.64. Analysts anticipate Radnet Inc stock to reach 74 by 2025, with the lowest price target being 74. In spite of this, 11 analysts ranked Radnet Inc stock as Buy at the end of 2025. On August 31, 2023, Truist assigned a price target of “a Buy” to the stock and initiated coverage with a $40.