Nutex Health (NASDAQ:NUTX) Shares Up 3% – Here’s What Happened

Nutex Health Inc. (NASDAQ:NUTX)’s share price was up 3% during mid-day trading on Friday . The company traded as high as $173.14 and last traded at $173.14. Approximately 14,876 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 151,864 shares. The stock had previously closed at $168.10.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded Nutex Health from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Nutex Health in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $252.50.

Nutex Health Trading Up 3.9%

The company has a quick ratio of 3.18, a current ratio of 3.20 and a debt-to-equity ratio of 0.67. The firm’s fifty day moving average is $136.62 and its two-hundred day moving average is $114.37. The firm has a market cap of $1.23 billion, a P/E ratio of 9.45 and a beta of -0.03.

Nutex Health (NASDAQ:NUTX) last issued its quarterly earnings data on Tuesday, November 18th. The company reported $7.76 EPS for the quarter, topping the consensus estimate of ($5.43) by $13.19. The business had revenue of $243.99 million during the quarter, compared to analyst estimates of $221.93 million. Nutex Health had a net margin of 11.62% and a return on equity of 37.44%.

Insider Buying and Selling

In other news, CFO Jon Christian Bates acquired 750 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were acquired at an average cost of $136.71 per share, with a total value of $102,532.50. Following the transaction, the chief financial officer owned 5,638 shares in the company, valued at $770,770.98. The trade was a 15.34% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 36.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of Nutex Health by 6,590.3% in the 4th quarter. Bank of America Corp DE now owns 2,074 shares of the company’s stock valued at $66,000 after purchasing an additional 2,043 shares during the period. American Century Companies Inc. raised its holdings in Nutex Health by 73.0% in the first quarter. American Century Companies Inc. now owns 74,359 shares of the company’s stock worth $3,497,000 after purchasing an additional 31,366 shares in the last quarter. OMERS ADMINISTRATION Corp raised its holdings in Nutex Health by 28.8% in the first quarter. OMERS ADMINISTRATION Corp now owns 9,400 shares of the company’s stock worth $442,000 after purchasing an additional 2,100 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Nutex Health by 17.9% during the first quarter. Goldman Sachs Group Inc. now owns 18,119 shares of the company’s stock valued at $852,000 after buying an additional 2,748 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Nutex Health in the 1st quarter worth about $522,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Nutex Health Company Profile

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.