SummerHaven Investment Management LLC Acquires New Shares in Nutex Health Inc. $NUTX

SummerHaven Investment Management LLC bought a new stake in Nutex Health Inc. (NASDAQ:NUTX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,240 shares of the company’s stock, valued at approximately $748,000.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE grew its stake in Nutex Health by 6,590.3% in the fourth quarter. Bank of America Corp DE now owns 2,074 shares of the company’s stock worth $66,000 after purchasing an additional 2,043 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Nutex Health by 17.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,119 shares of the company’s stock worth $852,000 after buying an additional 2,748 shares during the period. Jane Street Group LLC bought a new stake in Nutex Health in the 1st quarter valued at $522,000. KLP Kapitalforvaltning AS purchased a new position in shares of Nutex Health in the 2nd quarter worth $112,000. Finally, Clear Creek Financial Management LLC bought a new position in Nutex Health during the second quarter valued at $397,000. 5.32% of the stock is owned by hedge funds and other institutional investors.

Nutex Health Stock Down 2.6%

Shares of NASDAQ NUTX opened at $149.80 on Thursday. The business has a 50-day moving average of $159.73 and a two-hundred day moving average of $121.81. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.20 and a quick ratio of 3.18. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 8.10 and a beta of -0.08. Nutex Health Inc. has a 1 year low of $40.67 and a 1 year high of $193.07.

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

Insider Buying and Selling

In other Nutex Health news, CFO Jon Christian Bates purchased 750 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was purchased at an average price of $136.71 per share, for a total transaction of $102,532.50. Following the purchase, the chief financial officer directly owned 5,638 shares in the company, valued at approximately $770,770.98. This trade represents a 15.34% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 36.92% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NUTX. Weiss Ratings restated a “hold (c)” rating on shares of Nutex Health in a report on Monday, December 29th. Wall Street Zen raised Nutex Health from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Nutex Health presently has a consensus rating of “Moderate Buy” and a consensus price target 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.