Precision Wealth Strategies LLC Makes New Investment in Nutex Health Inc. $NUTX

Precision Wealth Strategies LLC bought a new stake in Nutex Health Inc. (NASDAQ:NUTX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,989 shares of the company’s stock, valued at approximately $515,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Topline Capital Management LLC increased its position in Nutex Health by 72.0% during the 2nd quarter. Topline Capital Management LLC now owns 309,131 shares of the company’s stock worth $38,484,000 after purchasing an additional 129,418 shares during the period. American Century Companies Inc. grew its holdings in Nutex Health by 39.9% during the second quarter. American Century Companies Inc. now owns 104,063 shares of the company’s stock worth $12,955,000 after acquiring an additional 29,704 shares during the period. Marshall Wace LLP raised its position in Nutex Health by 333.4% in the second quarter. Marshall Wace LLP now owns 94,548 shares of the company’s stock worth $11,770,000 after acquiring an additional 72,734 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Nutex Health by 116.8% in the second quarter. Geode Capital Management LLC now owns 78,859 shares of the company’s stock valued at $9,819,000 after acquiring an additional 42,484 shares during the period. Finally, Divisadero Street Capital Management LP purchased a new stake in shares of Nutex Health during the 2nd quarter worth $7,481,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Nutex Health Price Performance

Nutex Health stock opened at $169.47 on Friday. The firm has a market capitalization of $1.20 billion, a PE ratio of 9.17 and a beta of -0.03. Nutex Health Inc. has a 52 week low of $28.82 and a 52 week high of $193.00. The firm’s 50-day simple moving average is $136.62 and its 200 day simple moving average is $114.37. The company has a quick ratio of 3.18, a current ratio of 3.20 and a debt-to-equity ratio of 0.67.

Nutex Health (NASDAQ:NUTX) last posted its earnings results on Tuesday, November 18th. The company reported $7.76 earnings per share for the quarter, beating the consensus estimate of ($5.43) by $13.19. Nutex Health had a net margin of 11.62% and a return on equity of 37.44%. The firm had revenue of $243.99 million during the quarter, compared to the consensus estimate of $221.93 million.

Insider Buying and Selling at Nutex Health

In related news, CFO Jon Christian Bates acquired 750 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was purchased at an average cost of $136.71 per share, for a total transaction of $102,532.50. Following the transaction, the chief financial officer directly owned 5,638 shares of the company’s stock, valued at approximately $770,770.98. This trade represents a 15.34% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 36.92% of the stock is currently owned by company insiders.

Analyst Ratings Changes

NUTX has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of Nutex Health from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutex Health in a report on Monday. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Nutex Health currently has an average rating of “Moderate Buy” and an average target price of $252.50.

Nutex Health 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.