Mike. The image shows your antenna on the mast. You should have a blind spot of 5-10 degrees behind your antenna/ boat. Nothing should be seen or is real in that cone.
Suspect what your seeing is a ghost reflection.
When you adjust your gain does the image change or disappear?
This is a great example of why boat owners need to operate their electronics in clear daylight so that they can become familiar with the GUI (Graphical User Interface). With radar it is easy to chase ghosts.
On the other hand you might have had a sub following you It surfaced or stuck its periscope up while you were watching the radar and submerged when you turned to look at it.