Essex Investment Management Co. LLC Purchases 33,024 Shares of Nutex Health Inc. (NASDAQ:NUTX)

Essex Investment Management Co. LLC lifted its position in Nutex Health Inc. (NASDAQ:NUTX) by 45.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,809 shares of the company’s stock after acquiring an additional 33,024 shares during the quarter. Essex Investment Management Co. LLC owned approximately 1.95% of Nutex Health worth $3,353,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Truist Financial Corp grew its stake in shares of 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. Legato Capital Management LLC grew its stake in shares of Nutex Health by 26.8% in the 4th 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. Baader Bank Aktiengesellschaft bought a new stake in shares of Nutex Health in the 4th quarter worth $206,000. Drive Wealth Management LLC bought a new stake in shares of Nutex Health in the 4th quarter worth $1,122,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of Nutex Health in the 3rd quarter worth $69,000. Institutional investors own 5.32% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on NUTX. Maxim Group boosted their price target on shares of Nutex Health from $50.00 to $75.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Benchmark boosted their price target on shares of Nutex Health from $45.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th.

Nutex Health Price Performance

Shares of NASDAQ:NUTX opened at $44.66 on Friday. The company’s 50-day moving average is $46.40 and its 200 day moving average is $33.43. 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 company has a market capitalization of $242.82 million, a P/E ratio of -4.76 and a beta of 0.01. Nutex Health Inc. has a fifty-two week low of $4.16 and a fifty-two week high of $69.45.

Nutex Health 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.