OMERS ADMINISTRATION Corp Buys Shares of 7,300 Nutex Health Inc. (NASDAQ:NUTX)

OMERS ADMINISTRATION Corp bought a new position in Nutex Health Inc. (NASDAQ:NUTX - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,300 shares of the company's stock, valued at approximately $231,000. OMERS ADMINISTRATION Corp owned approximately 0.13% of Nutex Health as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in NUTX. Drive Wealth Management LLC bought a new stake in Nutex Health in the fourth quarter worth approximately $1,122,000. Baader Bank Aktiengesellschaft bought a new stake in Nutex Health in the fourth quarter worth approximately $206,000. Legato Capital Management LLC grew its position in Nutex Health by 26.8% in the fourth quarter. Legato Capital Management LLC now owns 31,669 shares of the company's stock worth $1,004,000 after acquiring an additional 6,697 shares in the last quarter. Truist Financial Corp grew its position in Nutex Health by 22.2% in the fourth 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. Finally, Essex Investment Management Co. LLC grew its position in Nutex Health by 45.4% in the fourth quarter. Essex Investment Management Co. LLC now owns 105,809 shares of the company's stock worth $3,353,000 after acquiring an additional 33,024 shares in the last quarter. 5.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on NUTX. Benchmark boosted their target price on shares of Nutex Health from $150.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Wall Street Zen downgraded shares of Nutex Health from a "strong-buy" rating to a "buy" rating in a report on Thursday. Finally, Maxim Group upped their price objective on shares of Nutex Health from $100.00 to $225.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th.

Insider Activity at Nutex Health

In related news, CFO Jon Christian Bates bought 1,000 shares of the business's stock in a transaction that occurred on Tuesday, April 8th. The stock was purchased at an average cost of $81.81 per share, for a total transaction of $81,810.00. Following the purchase, the chief financial officer now directly owns 4,888 shares in the company, valued at $399,887.28. This trade represents a 25.72% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 38.52% of the company's stock.

Nutex Health Stock Performance

Shares of NASDAQ NUTX traded down $1.91 during trading hours on Monday, hitting $159.95. 66,446 shares of the stock were exchanged, compared to its average volume of 68,643. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.77 and a quick ratio of 1.74. The company's 50 day moving average is $115.72 and its 200 day moving average is $67.62. The firm has a market capitalization of $890.28 million, a P/E ratio of -17.04 and a beta of -0.10. Nutex Health Inc. has a one year low of $4.16 and a one year high of $184.28.

Nutex Health (NASDAQ:NUTX - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $2.71. The business had revenue of $211.79 million during the quarter, compared to the consensus estimate of $81.09 million. Nutex Health had a negative net margin of 14.09% and a negative return on equity of 51.27%.

Nutex Health Company Profile

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.