Patel Mital

EVP Patel Mital sold 50,000 RDNT shares for $3,902,254 across 3 transactions at blended avg $78.05, reducing stake by 21.7%.

Patel Mital, EVP of Finance Planning and CAO, executed 3 separate sales totaling 50,000 shares for $3,902,254 (blended average $78.05) over three consecutive trading days (2025-11-17 through 2025-11-19). The sales reduced his holdings from 230,138 shares to 180,138 shares, a 21.7% reduction in his pre-transaction position. Current market price is $80.29, slightly above the blended sale price, and the stock has gained 2.4% over 30 days and 17.0% over 90 days. His prior sales at RDNT have not been well-timed: both his 2024 sales saw the stock gain 11.9% and 13.0% in the 90 days following the sales, respectively. The company reports a P/E of 2007.25 against recent quarterly revenue of $522,869,000 and net income of $5,417,000, reflecting tight profitability margins despite solid annual revenue growth of 13.2%.

RadNet EVP Patel Mital sells 40,000 shares ($2.4M) at $59–$60, reducing stake by 16.5% to 202.1K shares held

Patel Mital, EVP and Chief Admin Officer of RadNet, executed 2 separate sales totaling 40,000 shares for $2,370,200.00 over consecutive trading days (June 17–18, 2024) at prices of $60.00 and $59.00 respectively. This sale reduced his post-transaction holdings from 242.1K to 202.1K shares, a reduction of 16.5% of his prior stake. The blended average price of $59.26 sits near the 52-week high of $61.75 and well above the current price of $57.28, indicating the sales occurred while the stock was trading at elevated levels within its recent range. The company's elevated P/E of 197.52 paired with negative net income of $-2.8M in the latest quarter contrasts with strong revenue growth of 13.0% year-over-year, creating a mixed operational picture that warrants monitoring of whether these sales signal shifting outlooks from insiders with administrative visibility into operational performance.