Susan R. Salka Sells 14,309 Shares of AMN Healthcare Services, Inc. (NYSE:AMN) Stock

AMN Healthcare Services, Inc. (NYSE:AMN) CEO Susan R. Salka sold 14,309 shares of the stock in a transaction on Monday, January 10th. The shares were sold at an average price of $109.47, for a total transaction of $1,566,406.23. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

NYSE:AMN opened at $108.34 on Friday. The company’s 50-day moving average price is $114.37 and its 200-day moving average price is $108.86. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.81. The company has a market cap of $5.12 billion, a P/E ratio of 23.60, a P/E/G ratio of 1.02 and a beta of 0.27. AMN Healthcare Services, Inc. has a twelve month low of $69.50 and a twelve month high of $129.12.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, November 4th. The company reported $1.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.30 by $0.43. AMN Healthcare Services had a net margin of 6.78% and a return on equity of 31.31%. The firm had revenue of $877.80 million for the quarter, compared to the consensus estimate of $770.78 million. During the same period last year, the firm posted $0.82 earnings per share. The company’s revenue for the quarter was up 59.1% on a year-over-year basis. On average, analysts expect that AMN Healthcare Services, Inc. will post 7.54 earnings per share for the current year.

A number of hedge funds have recently modified their holdings of AMN. FMR LLC raised its stake in AMN Healthcare Services by 6.1% during the first quarter. FMR LLC now owns 256,084 shares of the company’s stock worth $12,059,000 after purchasing an additional 14,801 shares during the period. First Trust Advisors LP raised its stake in AMN Healthcare Services by 111.3% during the first quarter. First Trust Advisors LP now owns 67,437 shares of the company’s stock worth $3,176,000 after purchasing an additional 35,522 shares during the period. Mutual of America Capital Management LLC raised its stake in AMN Healthcare Services by 6.6% during the second quarter. Mutual of America Capital Management LLC now owns 6,718 shares of the company’s stock worth $652,000 after purchasing an additional 417 shares during the period. O Shaughnessy Asset Management LLC raised its stake in AMN Healthcare Services by 15.5% during the second quarter. O Shaughnessy Asset Management LLC now owns 2,983 shares of the company’s stock worth $289,000 after purchasing an additional 400 shares during the period. Finally, Citigroup Inc. raised its stake in AMN Healthcare Services by 23.8% during the second quarter. Citigroup Inc. now owns 77,311 shares of the company’s stock worth $7,497,000 after purchasing an additional 14,857 shares during the period. 90.32% of the stock is currently owned by institutional investors.

Several equities analysts have issued reports on AMN shares. Credit Suisse Group increased their price objective on shares of AMN Healthcare Services from $115.00 to $139.00 and gave the company an “outperform” rating in a report on Wednesday, November 17th. BMO Capital Markets raised their price target on shares of AMN Healthcare Services from $115.00 to $127.00 and gave the stock an “outperform” rating in a research note on Monday, November 8th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $131.50.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. The firm operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.

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