Fonar (FONR)

• Market cap: $85.7M
• 1 day: -0.15%
• 5 days: -2.31%
• 1 month: -7.07%
• 3 months: -10.33%
• 6 months: -14.52%
• Year to date: -10.33%
• 1 year: -32.47%
• 5 years: -9.37%
• 10 years: 3.83%
• Sector: Healthcare
• Industry: Medical Devices

About: Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injuries. The company operates through two segments namely Manufacturing and servicing of medical equipment; and the Management of diagnostic imaging centers, which generates a vast majority of the revenue.

Employees: 520

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

15% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 13

4% more funds holding

Funds holding: 50 [Q3] → 52 (+2) [Q4]

0.47% more ownership

Funds ownership: 49.16% [Q3] → 49.63% (+0.47%) [Q4]

6% less capital invested

Capital invested by funds: $50.3M [Q3] → $47.1M (-$3.21M) [Q4]