Inside Trading: Raymond Damadian Unloaded 1,240 Shares of Fonar (FONR); Clough Global Allocation Fund Has 0.58 Sentiment

Sentiment for Clough Global Allocation Fund (GLV)

Clough Global Allocation Fund (GLV) investors sentiment increased to 0.58 in Q1 2018. It’s up 0.05, from 0.53 in 2017Q4. The ratio improved, as 7 investment managers increased and opened new positions, while 12 cut down and sold their holdings in Clough Global Allocation Fund. The investment managers in our database now possess: 693,359 shares, down from 1.30 million shares in 2017Q4. Also, the number of investment managers holding Clough Global Allocation Fund in top ten positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 6 Increased: 5 New Position: 2.

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The company has market cap of $87.23 million. The fund primarily invests in the public equity and fixed income markets across the globe. It has a 5.5 P/E ratio. It seeks to invest in securities of companies operating across diversified sectors.

The stock increased 0.40% or $0.05 during the last trading session, reaching $12.45. About 11,079 shares traded. Clough Global Dividend and Income Fund (GLV) has declined 7.74% since July 1, 2017 and is downtrending. It has underperformed by 20.31% the S&P500.

Jaffetilchin Investment Partners Llc holds 0.12% of its portfolio in Clough Global Dividend and Income Fund for 42,284 shares. Rmb Capital Management Llc owns 67,599 shares or 0.02% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.01% invested in the company for 68,338 shares. The Georgia-based Atlantic Trust Group Llc has invested 0% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 194,246 shares.

Fonar Corporation, together with its subsidiaries, engages in the design, manufacture, sale, and servicing of magnetic resonance imaging scanners for the detection and diagnosis of human diseases, abnormalities, and other medical conditions and injuries. The company has market cap of $170.32 million. It operates in two divisions, Medical Equipment, and Physician Management and Diagnostic Services. It has a 10.33 P/E ratio. The firm offers Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down.

The stock increased 0.95% or $0.25 during the last trading session, reaching $26.55. About 22,173 shares traded. Fonar Corporation (NASDAQ:FONR) has risen 8.63% since July 1, 2017 and is uptrending. It has underperformed by 3.94% the S&P500. Some Historical FONR News: 10/05/2018 – Fonar Corp 3Q Rev $21M; 02/04/2018 Consolidated Research: 2018 Summary Expectations for Wabco, The First of Long Island, Fonar, Hess Midstream Partners LP, Whites; 19/04/2018 – DJ Fonar Corporation, Inst Holders, 1Q 2018 (FONR); 10/05/2018 – Fonar Corp 3Q EPS 51c

Investors sentiment decreased to 1.57 in Q1 2018. Its down 0.34, from 1.91 in 2017Q4. It turned negative, as 6 investors sold Fonar Corporation shares while 15 reduced holdings. 10 funds opened positions while 23 raised stakes. 3.04 million shares or 0.66% more from 3.02 million shares in 2017Q4 were reported. Moreover, Public Employees Retirement System Of Ohio has 0% invested in Fonar Corporation (NASDAQ:FONR). Hillsdale Inv holds 0.18% in Fonar Corporation (NASDAQ:FONR) or 42,300 shares. Spark Investment Management Ltd invested in 17,800 shares or 0.03% of the stock. 9,700 were reported by California State Teachers Retirement Sys. Jpmorgan Chase holds 46,934 shares or 0% of its portfolio. First Quadrant L P Ca, a California-based fund reported 1,795 shares. Stanley reported 23,552 shares. Royal Retail Bank Of Canada holds 0% or 5,605 shares in its portfolio. Hancock Hldgs Co has 10,346 shares for 0.01% of their portfolio. 48,807 were accumulated by Matarin Mgmt Llc. Renaissance Technology Limited Com has invested 0.01% in Fonar Corporation (NASDAQ:FONR). Invesco Ltd owns 10,257 shares. Wells Fargo & Communications Mn reported 35,498 shares stake. Legal & General Public Ltd Liability Corporation holds 1,278 shares. Manufacturers Life Insurance The accumulated 5,301 shares.

Company insider, Raymond Damadian, Treasurer of Fonar Corp unloaded a total of 1,240 shares of the corporation, estimated based on $26.5 per share. He also sold 3,760 shares that are worth about $103,104 USD in the last 30 days. The regulatory filing shows that Raymond Damadian now has in hand roughly 10%+ of the New York-based company’s market cap (share price times the number of shares outstanding) A document ready for use online here reveals this insider activity, that took place on June 25, 2018 and was filed with the U.S. SEC.

Since February 20, 2018, it had 0 buys, and 4 selling transactions for $128,834 activity. 1,240 shares were sold by Damadian Raymond V, worth $33,933 on Tuesday, June 26. Janoff Robert J also sold $25,730 worth of Fonar Corporation (NASDAQ:FONR) on Tuesday, February 20.

Fonar Corporation (NASDAQ:FONR) Institutional Positions Chart