Hilary Shane, an insider at FONAR CORP (FONR), made a significant purchase of the company's stock on May 29, 2026. Shane acquired 225,426 shares at an average price of $19.05 per share, a transaction valued at approximately $4.29 million.
This substantial acquisition by an insider is often interpreted as a strong signal of confidence in the company's future performance and prospects. The purchase adds to other notable transactions made by Shane in the preceding days, further underscoring a significant personal investment in FONAR CORP.
FONAR CORP specializes in the development, manufacturing, and marketing of Magnetic Resonance Imaging (MRI) scanners. The company's products are used for medical diagnostic imaging.