Alpha Wave Global Reduces RadNet Stake by 63,147 Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2026
0mins
Source: Fool
- Stake Reduction Details: According to an SEC filing dated May 14, 2026, Alpha Wave Global reduced its RadNet position by 63,147 shares in Q1, with an estimated trade value of approximately $4.31 million, indicating a cautious outlook on the company.
- Ownership Proportion Change: Following the reduction, Alpha Wave Global's stake in RadNet stands at 478,304 shares, representing 3.38% of its 13F AUM, reflecting a diminished confidence in the company's future performance.
- Financial Performance Overview: RadNet's latest earnings report indicates a 22.1% year-over-year revenue increase to $575.6 million, with adjusted EBITDA rising 36.3% to $63.3 million, showcasing strong growth potential in its imaging business.
- Market Performance Analysis: As of May 13, 2026, RadNet shares were priced at $52.98, down 12.5% over the past year, significantly underperforming the S&P 500 by 38.9 percentage points, prompting investors to closely monitor its future market performance.
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Analyst Views on RDNT
Wall Street analysts forecast RDNT stock price to rise
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 52.820
Low
86.00
Averages
90.17
High
95.00
Current: 52.820
Low
86.00
Averages
90.17
High
95.00
About RDNT
RadNet, Inc. is a national provider of fixed-site diagnostic imaging services in the United States. The Company has a network of 407 owned and/or operated outpatient imaging centers. Its Imaging Center segment provides physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Its services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures. Its Digital Health segment develops and deploys clinical applications to enhance interpretation of medical images and improve patient outcomes with an emphasis on brain, breast, prostate, and pulmonary diagnostics. It provides radiology information technology and artificial intelligence (AI) solutions marketed under the DeepHealth brand and teleradiology professional services. It is also a provider of AI-powered breast health solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
DeepHealth Launches AI Reporting Platform for Radiologists
- Platform Launch: DeepHealth Inc. has officially launched Reporting Pro, a next-generation reporting platform that integrates speech recognition, AI findings, measurements, and quality checks, aimed at enhancing radiologists' efficiency amid rising imaging volumes and worsening workforce shortages.
- Clinical AI Integration: The platform pulls AI-generated findings and measurements from FDA-cleared and CE-marked DeepHealth and third-party tools directly into structured reports, thereby improving accuracy and consistency in reporting.
- Rapid Deployment: Reporting Pro supports the migration of existing templates and reporting preferences, allowing radiologists to maintain familiar workflows while adopting AI-enhanced tools, thus minimizing the learning curve and adaptation time.
- Unified Workflow: By combining speech recognition, AI findings, measurements, impressions, and quality assurance into a single connected reporting environment, Reporting Pro significantly reduces manual steps and data transfer, thereby improving efficiency and clinical quality.
See More
DeepHealth Launches AI Reporting Solution for Radiologists
- AI Reporting Solution Launch: DeepHealth has introduced Reporting Pro, an AI-integrated reporting tool designed to enhance radiologists' efficiency by automating reporting processes, which is expected to significantly reduce reporting times and directly improve the speed of treatment decisions for patients and physicians.
- Clinical AI Integration: The platform integrates FDA and CE-marked AI tools, enabling clinically relevant results to flow directly into structured reports, thereby enhancing accuracy and consistency, and helping radiologists work more efficiently in high-demand environments.
- Rapid Deployment and Adaptation: Reporting Pro supports seamless integration with existing workflows, allowing radiologists to maintain familiar templates and preferences while transitioning to a more intelligent reporting experience, ensuring a smooth technological shift.
- Market Expansion Plans: The solution is currently commercially available in the U.S. and the U.K., with plans to expand to Australia, South Africa, and select European markets by the end of the year, demonstrating DeepHealth's growth potential in the global radiology market.
See More
RadNet Seeks $200 Million Incremental Term Loan
- Financing Plan: RadNet is seeking to raise a $200 million incremental term loan through an amendment to its existing first-lien credit agreement, which will be added to the current term loan maturing on April 18, 2031, indicating the company's proactive approach to future funding needs.
- Use of Proceeds: The company expects to utilize the proceeds for future acquisitions, organic expansion initiatives, health system partnerships, and other general corporate purposes, highlighting its strategic intent for market expansion and business diversification.
- Market Conditions: RadNet noted that the financing remains subject to customary market and other conditions, reflecting the company's emphasis on risk management during the financing process.
- Transaction Timeline: If completed, the transaction is expected to close around mid-June, providing the necessary funding support for the company's future growth plans.
See More
Alpha Wave Global Reduces RadNet Stake by 63,147 Shares
- Stake Reduction Details: According to an SEC filing dated May 14, 2026, Alpha Wave Global reduced its RadNet position by 63,147 shares in Q1, with an estimated trade value of approximately $4.31 million, indicating a cautious outlook on the company.
- Ownership Proportion Change: Following the reduction, Alpha Wave Global's stake in RadNet stands at 478,304 shares, representing 3.38% of its 13F AUM, reflecting a diminished confidence in the company's future performance.
- Financial Performance Overview: RadNet's latest earnings report indicates a 22.1% year-over-year revenue increase to $575.6 million, with adjusted EBITDA rising 36.3% to $63.3 million, showcasing strong growth potential in its imaging business.
- Market Performance Analysis: As of May 13, 2026, RadNet shares were priced at $52.98, down 12.5% over the past year, significantly underperforming the S&P 500 by 38.9 percentage points, prompting investors to closely monitor its future market performance.
See More
RadNet Hosts Free Webinar on Men's Health Issues
- Focus on Men's Health: RadNet will host a free webinar on June 13, 2026, aimed at raising public awareness about significant men's health issues, particularly coronary artery disease, prostate cancer, and lung cancer, which pose major threats to American men's health.
- Disease Statistics: Heart disease remains the leading cause of death among American men, with over 52% of men over 20 living with some form of cardiovascular disease, while prostate cancer affects 1 in 8 men, with more than 50% of the risk linked to genetics.
- Importance of Early Screening: The webinar will emphasize the critical role of early detection in improving health outcomes, recommending that men start screening for heart disease at age 40, prostate cancer at 45, and lung cancer at 50 to identify potential health issues promptly.
- Expert Speaker Lineup: The event will feature presentations from several medical experts, including Dr. Michael G. Coords, Medical Director in California, Dr. Randall Stenoien, Medical Director in Texas, and Dr. Evan Kaminer, Medical Director in New York, who will share the latest advancements and technologies in their respective fields to help participants better understand men's health issues.
See More
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- Record Performance: RadNet achieved record revenue and adjusted EBITDA in Q1 2026, despite an estimated $13 million revenue and $9 million EBITDA loss due to severe weather, demonstrating the company's resilience and sustained market demand even in challenging conditions.
- Significant Procedure Growth: PET/CT procedures increased by 35.2% year-over-year, with same-center growth of 14.7%, and 29.3% of procedural volume coming from advanced imaging, indicating an expanding market share in high-end medical services and enhancing future revenue potential.
- Strong Cash Flow and Financial Health: By the end of Q1, RadNet reported $455.3 million in cash and reduced DSO to a record low of 29.5 days, showcasing exceptional performance in liquidity management and financial health, providing ample funding for future investments.
- Rapid Growth in Digital Health: The Digital Health segment achieved $97 million in annual recurring revenue (ARR), representing a 95% year-over-year growth, with expectations to exceed $140 million by year-end, indicating significant progress in the company's strategic positioning in digital healthcare.
See More
DeepHealth Launches AI Reporting Platform for Radiologists
- Platform Launch: DeepHealth Inc. has officially launched Reporting Pro, a next-generation reporting platform that integrates speech recognition, AI findings, measurements, and quality checks, aimed at enhancing radiologists' efficiency amid rising imaging volumes and worsening workforce shortages.
- Clinical AI Integration: The platform pulls AI-generated findings and measurements from FDA-cleared and CE-marked DeepHealth and third-party tools directly into structured reports, thereby improving accuracy and consistency in reporting.
- Rapid Deployment: Reporting Pro supports the migration of existing templates and reporting preferences, allowing radiologists to maintain familiar workflows while adopting AI-enhanced tools, thus minimizing the learning curve and adaptation time.
- Unified Workflow: By combining speech recognition, AI findings, measurements, impressions, and quality assurance into a single connected reporting environment, Reporting Pro significantly reduces manual steps and data transfer, thereby improving efficiency and clinical quality.
See More
DeepHealth Launches AI Reporting Solution for Radiologists
- AI Reporting Solution Launch: DeepHealth has introduced Reporting Pro, an AI-integrated reporting tool designed to enhance radiologists' efficiency by automating reporting processes, which is expected to significantly reduce reporting times and directly improve the speed of treatment decisions for patients and physicians.
- Clinical AI Integration: The platform integrates FDA and CE-marked AI tools, enabling clinically relevant results to flow directly into structured reports, thereby enhancing accuracy and consistency, and helping radiologists work more efficiently in high-demand environments.
- Rapid Deployment and Adaptation: Reporting Pro supports seamless integration with existing workflows, allowing radiologists to maintain familiar templates and preferences while transitioning to a more intelligent reporting experience, ensuring a smooth technological shift.
- Market Expansion Plans: The solution is currently commercially available in the U.S. and the U.K., with plans to expand to Australia, South Africa, and select European markets by the end of the year, demonstrating DeepHealth's growth potential in the global radiology market.
See More
RadNet Seeks $200 Million Incremental Term Loan
- Financing Plan: RadNet is seeking to raise a $200 million incremental term loan through an amendment to its existing first-lien credit agreement, which will be added to the current term loan maturing on April 18, 2031, indicating the company's proactive approach to future funding needs.
- Use of Proceeds: The company expects to utilize the proceeds for future acquisitions, organic expansion initiatives, health system partnerships, and other general corporate purposes, highlighting its strategic intent for market expansion and business diversification.
- Market Conditions: RadNet noted that the financing remains subject to customary market and other conditions, reflecting the company's emphasis on risk management during the financing process.
- Transaction Timeline: If completed, the transaction is expected to close around mid-June, providing the necessary funding support for the company's future growth plans.
See More
Alpha Wave Global Reduces RadNet Stake by 63,147 Shares
- Stake Reduction Details: According to an SEC filing dated May 14, 2026, Alpha Wave Global reduced its RadNet position by 63,147 shares in Q1, with an estimated trade value of approximately $4.31 million, indicating a cautious outlook on the company.
- Ownership Proportion Change: Following the reduction, Alpha Wave Global's stake in RadNet stands at 478,304 shares, representing 3.38% of its 13F AUM, reflecting a diminished confidence in the company's future performance.
- Financial Performance Overview: RadNet's latest earnings report indicates a 22.1% year-over-year revenue increase to $575.6 million, with adjusted EBITDA rising 36.3% to $63.3 million, showcasing strong growth potential in its imaging business.
- Market Performance Analysis: As of May 13, 2026, RadNet shares were priced at $52.98, down 12.5% over the past year, significantly underperforming the S&P 500 by 38.9 percentage points, prompting investors to closely monitor its future market performance.
See More
RadNet Hosts Free Webinar on Men's Health Issues
- Focus on Men's Health: RadNet will host a free webinar on June 13, 2026, aimed at raising public awareness about significant men's health issues, particularly coronary artery disease, prostate cancer, and lung cancer, which pose major threats to American men's health.
- Disease Statistics: Heart disease remains the leading cause of death among American men, with over 52% of men over 20 living with some form of cardiovascular disease, while prostate cancer affects 1 in 8 men, with more than 50% of the risk linked to genetics.
- Importance of Early Screening: The webinar will emphasize the critical role of early detection in improving health outcomes, recommending that men start screening for heart disease at age 40, prostate cancer at 45, and lung cancer at 50 to identify potential health issues promptly.
- Expert Speaker Lineup: The event will feature presentations from several medical experts, including Dr. Michael G. Coords, Medical Director in California, Dr. Randall Stenoien, Medical Director in Texas, and Dr. Evan Kaminer, Medical Director in New York, who will share the latest advancements and technologies in their respective fields to help participants better understand men's health issues.
See More
RadNet Reports Record Q1 2026 Earnings Amid Weather Challenges
- Record Performance: RadNet achieved record revenue and adjusted EBITDA in Q1 2026, despite an estimated $13 million revenue and $9 million EBITDA loss due to severe weather, demonstrating the company's resilience and sustained market demand even in challenging conditions.
- Significant Procedure Growth: PET/CT procedures increased by 35.2% year-over-year, with same-center growth of 14.7%, and 29.3% of procedural volume coming from advanced imaging, indicating an expanding market share in high-end medical services and enhancing future revenue potential.
- Strong Cash Flow and Financial Health: By the end of Q1, RadNet reported $455.3 million in cash and reduced DSO to a record low of 29.5 days, showcasing exceptional performance in liquidity management and financial health, providing ample funding for future investments.
- Rapid Growth in Digital Health: The Digital Health segment achieved $97 million in annual recurring revenue (ARR), representing a 95% year-over-year growth, with expectations to exceed $140 million by year-end, indicating significant progress in the company's strategic positioning in digital healthcare.
See More
