Radnet president & CEO Wesdorp sells $36k in shares

Published 15/09/2025, 12:04
Radnet president & CEO Wesdorp sells $36k in shares

RadNet (NASDAQ:RDNT) Pres & CEO, Digital Health, Cornelis Wesdorp, sold 500 shares of common stock on September 11, 2025, at a price of $72.13, for a total transaction value of $36065.

Following the transaction, Wesdorp directly owns 53,495 shares of RadNet . The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. While the company is not currently profitable, InvestingPro analysis indicates that analysts expect RadNet to achieve profitability this year. InvestingPro subscribers have access to 10+ additional exclusive insights about RadNet’s valuation and growth prospects through the comprehensive Pro Research Report.

In other recent news, RadNet reported strong financial results for the second quarter of 2025, with earnings per share (EPS) significantly surpassing expectations. Revenue also exceeded projections, contributing to a positive response in the market. Following these results, Raymond James raised its price target for RadNet to $75 from $66, maintaining a Strong Buy rating. The firm highlighted better-than-expected earnings and an increase in adjusted EBITDA guidance by $3 million, now ranging from $286 million to $296 million. Meanwhile, Truist Securities also adjusted its price target for RadNet, increasing it to $81 from $74, while keeping a Buy rating. Truist cited robust demand trends in core imaging centers and growth opportunities in the Digital Health segment as reasons for the upward revision. These developments reflect ongoing confidence in RadNet’s business strategy and market position.

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