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  • CARDIONET INC Profile

    CardioNet wants to be as close as your next heartbeat. The company provides ambulatory, real-time, outpatient cardiac monitoring services. Improving on existing monitoring technology by providing continuous heartbeat-by-heartbeat monitoring with up to 96 hours of data, the CardioNet System provides prescribing doctors with a more complete picture of heart functions when diagnosing arrhythmia's (abnormal heart rhythms). The system relies on two-way wireless communication -- providing mobility for the patient and remote adjustment for physicians. The CardioNet System has primarily been marketed in the Mid-Atlantic, Northeastern, and Midwestern states serving more than 80,000 enrolled patients.
    Arie Cohen
    CEO
    1010 Second Ave., Ste. 700

    San Diego, CA 92101

    http://www.cardionet.com

    Phone: 619-243-7500

    Fax: 610-828-8048
    Sector: Healthcare Industry: Health Services
  • 2006 Sales 2006 Sales Growth 2006 Net Income 2006 Employees
    $33,900,000 9.6% $-6,700,000 509
  • Key Executives: BEAT

    Name Title Officer Since
    Arie Cohen CEO 12/1/07
    Martin P. Galvan CFO -
    Dr. Woodrow A. Myers, Jr., M.D. Director 8/1/07
    Dr. Eric N. Prystowsky, M.D. Director 3/1/01
    Dr. Robert J. Rubin, M.D. Director 7/1/07
    James M. Sweeney Chairman of the Board/Director 4/1/00
    Manny S. Gerolamo Senior VP, Divisional -
    JR Finkelmeier Vice President, Divisional -
  • Top Competitors: BEAT

  • Insider Trends: BEAT

    Sentiment for BEAT is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: BEAT

    Date Name Shares Transaction Type Market Value
    03/25/08 SANDERLING VENTURE PARTNERS IV L P 357,461 Exercise of Stock Options $0.00
    03/25/08 SANDERLING VENTURE PARTNERS IV L P 1.4 M Exercise of Stock Options $0.00
    03/25/08 SANDERLING VENTURE PARTNERS IV L P 689,157 Exercise of Stock Options $391,954.50
  • Ownership Breakdown : BEAT

    Large Block Holder Type Number  
    Institutions 19.00
     
    Mutual Fund 33.00
    Other Major
  • Short Interest Volume: BEAT

    Data as of 6/10/08
    Current Short Interest Shares 1.09 B
    Current Short Interest Ratio 2.10
    Float 18.68 M
    Short Interest as % of Float 0.50
    Average Daily Volume 52,000.00
    Outstanding Shares 23.11 M