Nutex Health Inc. (NASDAQ:NUTX - Get Free Report) CFO Jon Christian Bates purchased 1,000 shares of the stock in a transaction dated Tuesday, April 8th. The stock was bought at an average cost of $81.81 per share, with a total value of $81,810.00. Following the transaction, the chief financial officer now owns 4,888 shares in the company, valued at $399,887.28. The trade was a 25.72 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Nutex Health Stock Performance
Shares of NUTX traded up $12.11 during mid-day trading on Friday, hitting $149.00. 154,600 shares of the company traded hands, compared to its average volume of 55,209. Nutex Health Inc. has a 1 year low of $4.16 and a 1 year high of $151.30. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.74 and a current ratio of 1.77. The stock has a 50-day moving average price of $71.04 and a two-hundred day moving average price of $46.10. The stock has a market cap of $823.67 million, a price-to-earnings ratio of -15.87 and a beta of 0.27.
Nutex Health (NASDAQ:NUTX - Get Free Report) last issued its quarterly earnings data on Monday, March 31st. The company reported $11.12 EPS for the quarter, topping the consensus estimate of ($0.09) by $11.21. The company had revenue of $81.30 million during the quarter, compared to analyst estimates of $81.13 million. Nutex Health had a negative return on equity of 51.27% and a negative net margin of 14.09%.
Hedge Funds Weigh In On Nutex Health
Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE boosted its stake in shares of Nutex Health by 6,590.3% during the 4th quarter. Bank of America Corp DE now owns 2,074 shares of the company's stock worth $66,000 after acquiring an additional 2,043 shares during the last quarter. Beaird Harris Wealth Management LLC bought a new stake in Nutex Health during the third quarter valued at about $69,000. Geode Capital Management LLC increased its position in Nutex Health by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 34,125 shares of the company's stock worth $1,082,000 after buying an additional 3,826 shares in the last quarter. Northern Trust Corp bought a new position in shares of Nutex Health in the fourth quarter worth about $200,000. Finally, Truist Financial Corp increased its holdings in Nutex Health by 22.2% in the 4th quarter. Truist Financial Corp now owns 35,570 shares of the company's stock worth $1,127,000 after acquiring an additional 6,454 shares in the last quarter. Hedge funds and other institutional investors own 5.32% of the company's stock.
Analyst Ratings Changes
Separately, Maxim Group boosted their price objective on shares of Nutex Health from $75.00 to $100.00 and gave the stock a "buy" rating in a report on Tuesday, April 8th.
Get Our Latest Stock Analysis on NUTX
Nutex Health Company Profile
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Nutex Health Inc operates as a physician-led, healthcare services, and operations company. It operates through three segments: Hospital, Population Health Management (PHM), and Real Estate. The PHM segment establishes and operates independent physician associations; and offers a cloud-based platform for healthcare organizations to provide value-based care and population health management.
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