As Radnet INC (RDNT) Share Value Rose, Cheyne Capital Management Uk Llp Has Lowered Its Stake

RadNet, Inc. (NASDAQ:RDNT) Logo

Cheyne Capital Management Uk Llp decreased its stake in Radnet Inc (RDNT) by 51.7% based on its latest 2018Q4 regulatory filing with the SEC. Cheyne Capital Management Uk Llp sold 399,096 shares as the company’s stock rose 8.83% with the market. The hedge fund held 372,896 shares of the health care company at the end of 2018Q4, valued at $3.79M, down from 771,992 at the end of the previous reported quarter. Cheyne Capital Management Uk Llp who had been investing in Radnet Inc for a number of months, seems to be less bullish one the $672.07 million market cap company. The stock decreased 0.37% or $0.05 during the last trading session, reaching $13.42. About 47,198 shares traded. RadNet, Inc. (NASDAQ:RDNT) has risen 42.29% since May 15, 2018 and is uptrending. It has outperformed by 37.92% the S&P500.

More notable recent RadNet, Inc. (NASDAQ:RDNT) news were published by: Seekingalpha.com which released: “RadNet acquires Medical Arts Radiology – Seeking Alpha” on October 05, 2018, also Globenewswire.com with their article: “RadNet Enters into Second Joint Venture with Dignity Health in California – GlobeNewswire” published on March 04, 2019, Seekingalpha.com published: “RadNet to acquire Kern Radiology – Seeking Alpha” on February 11, 2019. More interesting news about RadNet, Inc. (NASDAQ:RDNT) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Independent Bank Corporation (IBCP) – Yahoo Finance” published on May 09, 2019 as well as Seekingalpha.com‘s news article titled: “RadNet Q4 2018 Earnings Preview – Seeking Alpha” with publication date: March 13, 2019.

RadNet, Inc. (NASDAQ:RDNT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.