Boothbay Fund Management LLC Acquires Shares of 2,235 AMN Healthcare Services, Inc. (NYSE:AMN)

Boothbay Fund Management LLC acquired a new stake in AMN Healthcare Services, Inc. (NYSE:AMN – Get Rating) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,235 shares of the company’s stock, valued at approximately $237,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Altshuler Shaham Ltd acquired a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $27,000. Ronald Blue Trust Inc. acquired a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $30,000. Signaturefd LLC grew its position in shares of AMN Healthcare Services by 177.4% during the 3rd quarter. Signaturefd LLC now owns 527 shares of the company’s stock worth $56,000 after buying an additional 337 shares during the period. Quadrant Capital Group LLC grew its holdings in AMN Healthcare Services by 159.0% during the third quarter. Quadrant Capital Group LLC now owns 720 shares of the company’s stock valued at $76,000 after purchasing an additional 442 shares during the period. Finally, Covestor Ltd grew its holdings in AMN Healthcare Services by 148.5% during the first quarter. Covestor Ltd now owns 969 shares of the company’s stock valued at $101,000 after purchasing an additional 579 shares during the period. Institutional investors and hedge funds own 96.94% of the company’s stock.

AMN Healthcare Services Price Performance

Shares of AMN opened at $89.93 on Friday. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 9.14, a PEG ratio of 3.27 and a beta of 0.34. AMN Healthcare Services, Inc. has a 1-year low of $82.75 and a 1-year high of $129.04. The company’s fifty day simple moving average is $98.91 and its 200 day simple moving average is $107.42. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.81.

AMN Healthcare Services (NYSE:AMN – Get Rating) last issued its earnings results on Thursday, February 16th. The company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.31. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.07 billion. AMN Healthcare Services had a net margin of 8.47% and a return on equity of 49.69%. The firm’s revenue for the quarter was down 17.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.95 earnings per share. On average, research analysts forecast that AMN Healthcare Services, Inc. will post 8.24 earnings per share for the current fiscal year.

Insider Buying and Selling

In other AMN Healthcare Services news, insider Denise L. Jackson sold 1,002 shares of the company’s stock in a transaction 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 directly owns 18,079 shares in the company, valued at $1,976,034.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other AMN Healthcare Services news, insider Denise L. Jackson sold 1,002 shares of the company’s stock in a transaction 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 directly owns 18,079 shares in the company, valued at $1,976,034.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Denise L. Jackson sold 4,001 shares of the company’s stock in a transaction on Monday, January 9th. The shares were sold at an average price of $110.76, for a total transaction of $443,150.76. Following the completion of the transaction, the insider now owns 14,078 shares in the company, valued at $1,559,279.28. The disclosure for this sale can be found here. 0.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AMN has been the subject of a number of analyst reports. BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $130.00 to $109.00 and set an “outperform” rating for the company in a report on Tuesday, February 21st. Robert W. Baird cut their price target on shares of AMN Healthcare Services from $134.00 to $111.00 and set a “neutral” rating on the stock in a research note on Friday, February 17th. StockNews.com lowered shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Friday. Benchmark reaffirmed a “buy” rating and issued a $148.00 price target on shares of AMN Healthcare Services in a research note on Monday, February 13th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $147.00 price objective on shares of AMN Healthcare Services in a research report on Friday, February 17th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $131.00.

About AMN Healthcare Services

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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.