Kayne Anderson Rudnick Funding Administration LLC elevated its holdings in FONAR Co. (NASDAQ:FONR – Free Report) by 1.3% in the course of the second quarter, in line with the corporate in its most up-to-date disclosure with the Securities and Change Fee. The fund owned 609,789 shares of the medical tools supplier’s inventory after shopping for a further 7,645 shares in the course of the quarter. Kayne Anderson Rudnick Funding Administration LLC owned 9.64% of FONAR value $9,757,000 on the finish of the newest reporting interval.
A number of different giant buyers additionally not too long ago added to or decreased their stakes in FONR. Encourage Advisors LLC bought a brand new place in shares of FONAR in the course of the 1st quarter value $218,000. Denali Advisors LLC grew its holdings in FONAR by 20.1% in the course of the first quarter. Denali Advisors LLC now owns 16,100 shares of the medical tools supplier’s inventory valued at $344,000 after buying a further 2,700 shares in the course of the interval. Linden Thomas Advisory Companies LLC grew its holdings in FONAR by 9.6% in the course of the second quarter. Linden Thomas Advisory Companies LLC now owns 21,605 shares of the medical tools supplier’s inventory valued at $346,000 after buying a further 1,900 shares in the course of the interval. Empowered Funds LLC boosted its place in shares of FONAR by 37.6% within the first quarter. Empowered Funds LLC now owns 16,492 shares of the medical tools supplier’s inventory value $352,000 after buying a further 4,507 shares in the course of the interval. Lastly, O Shaughnessy Asset Administration LLC elevated its stake in shares of FONAR by 38.9% within the first quarter. O Shaughnessy Asset Administration LLC now owns 32,978 shares of the medical tools supplier’s inventory value $704,000 after buying a further 9,237 shares within the final quarter. 50.64% of the inventory is at the moment owned by institutional buyers.
FONAR Buying and selling Up 0.9 %
NASDAQ FONR opened at $17.55 on Monday. FONAR Co. has a 12 month low of $12.13 and a 12 month excessive of $24.05. The inventory’s 50 day transferring common is $17.28 and its 200 day transferring common is $17.36. The inventory has a market cap of $111.06 million, a PE ratio of 11.25 and a beta of 1.19.
Analysts Set New Worth Targets
Individually, StockNews.com lowered FONAR from a “strong-buy” ranking to a “purchase” ranking in a analysis word on Tuesday, September seventeenth.
Get Our Newest Evaluation on FONAR
FONAR Firm Profile
FONAR Company, along with its subsidiaries, engages within the analysis, growth, manufacturing, and advertising and marketing of magnetic resonance imaging (MRI) scanners for the detection and analysis of human illnesses in the US. The corporate operates in two segments, Medical Tools, and Doctor Administration and Diagnostic Companies.
Really helpful Tales
Wish to see what different hedge funds are holding FONR? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for FONAR Co. (NASDAQ:FONR – Free Report).
Obtain Information & Rankings for FONAR Every day – Enter your electronic mail deal with beneath to obtain a concise day by day abstract of the most recent information and analysts’ scores for FONAR and associated corporations with MarketBeat.com’s FREE day by day electronic mail e-newsletter.
