New York State Teachers Retirement System Acquires 1,903 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

New York State Teachers Retirement System increased its holdings in AMN Healthcare Services, Inc. (NYSE:AMNGet Rating) by 2.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,159 shares of the company’s stock after acquiring an additional 1,903 shares during the quarter. New York State Teachers Retirement System owned about 0.17% of AMN Healthcare Services worth $7,752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Comerica Bank increased its stake in shares of AMN Healthcare Services by 31.3% in the 3rd quarter. Comerica Bank now owns 51,033 shares of the company’s stock worth $6,030,000 after acquiring an additional 12,165 shares in the last quarter. Measured Wealth Private Client Group LLC increased its stake in AMN Healthcare Services by 18.4% during the 3rd quarter. Measured Wealth Private Client Group LLC now owns 2,191 shares of the company’s stock valued at $232,000 after purchasing an additional 340 shares in the last quarter. Van ECK Associates Corp increased its stake in AMN Healthcare Services by 9.9% during the 3rd quarter. Van ECK Associates Corp now owns 1,383 shares of the company’s stock valued at $147,000 after purchasing an additional 125 shares in the last quarter. CWM LLC increased its stake in AMN Healthcare Services by 71.8% during the 3rd quarter. CWM LLC now owns 1,091 shares of the company’s stock valued at $116,000 after purchasing an additional 456 shares in the last quarter. Finally, Wipfli Financial Advisors LLC bought a new stake in AMN Healthcare Services during the 3rd quarter valued at about $108,000. 96.94% of the stock is currently owned by institutional investors.

AMN Healthcare Services Stock Performance

Shares of AMN stock opened at $103.86 on Friday. The company has a 50 day moving average price of $113.02 and a 200-day moving average price of $111.92. AMN Healthcare Services, Inc. has a 52 week low of $82.75 and a 52 week high of $129.04. The firm has a market capitalization of $4.50 billion, a PE ratio of 10.01, a P/E/G ratio of 3.71 and a beta of 0.36. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.74.

AMN Healthcare Services (NYSE:AMNGet Rating) last announced its quarterly earnings results on Thursday, November 3rd. The company reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.33 by $0.24. AMN Healthcare Services had a net margin of 8.73% and a return on equity of 51.47%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the previous year, the business posted $1.73 earnings per share. The business’s revenue for the quarter was up 29.7% on a year-over-year basis. As a group, equities research analysts expect that AMN Healthcare Services, Inc. will post 11.56 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Denise L. Jackson sold 1,002 shares of the firm’s stock in a transaction that occurred on Friday, January 6th. The shares were sold at an average price of $109.30, for a total value of $109,518.60. Following the transaction, the insider now owns 18,079 shares of the company’s stock, valued at $1,976,034.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Denise L. Jackson sold 1,002 shares of the firm’s stock in a transaction that occurred on Friday, January 6th. The shares were sold at an average price of $109.30, for a total value of $109,518.60. Following the transaction, the insider now owns 18,079 shares of the company’s stock, valued at $1,976,034.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Douglas D. Wheat sold 4,900 shares of the firm’s stock in a transaction that occurred on Monday, November 7th. The stock was sold at an average price of $118.00, for a total transaction of $578,200.00. Following the completion of the transaction, the director now directly owns 65 shares in the company, valued at approximately $7,670. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,903 shares of company stock valued at $1,130,869. 0.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMN has been the subject of a number of analyst reports. BMO Capital Markets raised their price objective on shares of AMN Healthcare Services from $125.00 to $130.00 and gave the company an “outperform” rating in a research note on Monday, November 7th. Benchmark raised their price objective on shares of AMN Healthcare Services from $140.00 to $148.00 in a research note on Friday, November 4th. Truist Financial raised their price objective on shares of AMN Healthcare Services from $130.00 to $140.00 in a research note on Friday, November 4th. Finally, StockNews.com began coverage on shares of AMN Healthcare Services in a research note on Wednesday, October 12th. They issued a “buy” rating for the company. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, AMN Healthcare Services has a consensus rating of “Buy” and an average price target of $142.60.

AMN Healthcare Services Profile

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AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals and 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, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions.

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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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