AMN Healthcare Services, Inc. (NYSE:AMN) CFO Jeffrey R. Knudson Sells 2,461 Shares

AMN Healthcare Services, Inc. (NYSE:AMN) CFO Jeffrey R. Knudson sold 2,461 shares of AMN Healthcare Services stock in a transaction dated Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total value of $90,810.90. Following the sale, the chief financial officer now owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

AMN Healthcare Services Stock Up 4.1 %

Shares of AMN stock opened at $38.40 on Tuesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market cap of $1.46 billion, a P/E ratio of 14.83 and a beta of 0.13. AMN Healthcare Services, Inc. has a one year low of $36.50 and a one year high of $80.22. The stock has a fifty day moving average price of $43.34 and a 200 day moving average price of $51.50.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, August 8th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.22. The company had revenue of $740.69 million for the quarter, compared to analyst estimates of $740.43 million. AMN Healthcare Services had a net margin of 3.07% and a return on equity of 23.68%. AMN Healthcare Services’s quarterly revenue was down 25.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.38 earnings per share. Analysts predict that AMN Healthcare Services, Inc. will post 3.15 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AMN. Benchmark reaffirmed a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. UBS Group dropped their target price on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Bank of America downgraded shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $65.00 to $48.00 in a research report on Monday, October 7th. Truist Financial lowered their price objective on AMN Healthcare Services from $70.00 to $50.00 and set a “buy” rating for the company in a report on Monday, October 21st. Finally, BMO Capital Markets lifted their target price on AMN Healthcare Services from $60.00 to $71.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $58.20.

Hedge Funds Weigh In On AMN Healthcare Services

Several institutional investors and hedge funds have recently made changes to their positions in AMN. Vanguard Group Inc. raised its stake in shares of AMN Healthcare Services by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 4,289,179 shares of the company’s stock valued at $268,117,000 after purchasing an additional 37,676 shares during the period. Pacer Advisors Inc. acquired a new position in shares of AMN Healthcare Services in the second quarter valued at $99,349,000. Thrivent Financial for Lutherans raised its holdings in AMN Healthcare Services by 3,753.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company’s stock valued at $64,721,000 after acquiring an additional 1,230,543 shares during the period. Swedbank AB acquired a new stake in AMN Healthcare Services during the 1st quarter worth approximately $70,617,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of AMN Healthcare Services by 3.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,043,662 shares of the company’s stock worth $53,468,000 after buying an additional 37,760 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.