Fonar Ownership

FONR Stock  USD 16.42  0.02  0.12%   
The market capitalization of Fonar is $95.29 Million. 30% of Fonar outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
 
Shares in Circulation  
First Issued
2009-03-31
Previous Quarter
M
Current Value
M
Avarage Shares Outstanding
6.6 M
Quarterly Volatility
735.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Fonar in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Fonar, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Fonar's Dividend Payout Ratio is relatively stable compared to the past year. As of 11/25/2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 17.98, while Dividends Paid is likely to drop slightly above 4.6 M. As of 11/25/2024, Net Income Applicable To Common Shares is likely to grow to about 18.7 M, while Common Stock Shares Outstanding is likely to drop slightly above 4.2 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fonar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.

Fonar Stock Ownership Analysis

About 50.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.62. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fonar last dividend was issued on the 18th of March 1999. The entity had 1:25 split on the 17th of April 2007. FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging scanners for the detection and diagnosis of human diseases in the United States. The company was incorporated in 1978 and is based in Melville, New York. Fonar Corp operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 484 people. To learn more about Fonar call Timothy Damadian at 631-694-2929 or check out https://www.fonar.com.
Besides selling stocks to institutional investors, Fonar also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Fonar's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Fonar's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Fonar Quarterly Liabilities And Stockholders Equity

212.29 Million

Fonar Insider Trades History

Roughly 2.0% of Fonar are currently held by insiders. Unlike Fonar's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Fonar's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Fonar's insider trades
 
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Fonar Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Fonar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fonar backward and forwards among themselves. Fonar's institutional investor refers to the entity that pools money to purchase Fonar's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Brandywine Global Investment Mgmt Llc2024-09-30
48.7 K
Northern Trust Corp2024-09-30
36.1 K
Inspire Advisors, Llc2024-09-30
34.3 K
American Century Companies Inc2024-09-30
30 K
O'shaughnessy Asset Management Llc2024-06-30
26.2 K
Corsair Capital Management Llc2024-06-30
25.7 K
Linden Thomas Advisory Services Llc2024-09-30
25.4 K
Bank Of New York Mellon Corp2024-06-30
22.5 K
State Street Corp2024-06-30
21.6 K
Kayne Anderson Rudnick Investment Management Llc2024-06-30
609.8 K
Vanguard Group Inc2024-09-30
390.3 K
Note, although Fonar's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Fonar Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Fonar insiders, such as employees or executives, is commonly permitted as long as it does not rely on Fonar's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Fonar insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Fonar Outstanding Bonds

Fonar issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fonar uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fonar bonds can be classified according to their maturity, which is the date when Fonar has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Fonar Corporate Filings

13A
14th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13th of November 2024
Other Reports
ViewVerify
10Q
12th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
30th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Pair Trading with Fonar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fonar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fonar will appreciate offsetting losses from the drop in the long position's value.

Moving against Fonar Stock

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The ability to find closely correlated positions to Fonar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fonar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fonar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fonar to buy it.
The correlation of Fonar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fonar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fonar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fonar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Fonar Stock Analysis

When running Fonar's price analysis, check to measure Fonar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.